This Bill of Sale PDF template is simple and easy to modify. This General Bill of Sale template contains the essential elements for a document to be valid and enforceable, such as the names of the parties involved in the sale, the amount, the description of the property being sold, the date of the sale, and the clauses that comes along with the agreement for the sale. This General Bill of Sale PDF template is one good example for use. When drafting a bill of sale, one must ensure that the contents of the bill of sale is compliant to the State's laws where the sale is taking place. It serves as a proof that a transfer of ownership has been made and that the property referred to here are tangible things like a vehicle, jewelry, or any item of value but not real estate. The bill of sale legally proves that the buyer has the rights to the motorcycle and that the seller has sold it. This document will protect both the buyer and the seller if any situation occurs later on. A bill of sale is a document that in effect, is an affirmation of an agreement between two parties for sale of a specific property, that was contracted on a specific date, for a particular amount of money or any other consideration. When you are buying or selling a motorcycle, it is a good idea to have a bill of sale.
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