The inclusion of a sentence that signifies that the item is sold “AS IS” helps to protect the seller should any defects or problems arise after the date of the transaction.The most important purpose of a Bill of Sale Form is to legalize the transfer of personal property that benefits both the buyer and the seller.
#BILL OF SALE TEMPLATE ALABAMA ZIP#
Current addresses of both parties including the street name, city, state, zip code.The names of both the buyer and the seller.
Information on a Bill of Sale FormĪ typical Bill of Sale Form usually contains the following information: A Bill of Sale can be seen as a document that can be referred to in event that evidence is required for tax purposes or as a receipt in the event that a legal dispute should ever arise. However, even though a Bill of Sale can provide information regarding the terms of the exchange, in addition, most states will require that the title to the vehicle be signed over to the buyer as well. The most common use of a Bill of Sale Form is for the sale or purchase of a motor vehicle. What is the Most Common Use of a Bill of Sale Form?