Bill of Sale for Personal Property - Business Use

State:
Multi-State
Control #:
US-0717SB
Format:
Word; 
Rich Text
Instant download

Description

This form is a simple model for a bill of sale for personal property used in connection with a business enterprise.

How to fill out Bill Of Sale For Personal Property - Business Use?

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FAQ

A Florida general bill of sale is a document that provides proof that the sale of an item or items was negotiated and executed between two (2) individuals or entities. This form also transfers ownership from the seller to the buyer. It will require notarization.

The form also documents the sale and is the legal receipt. Keep copies of the bill of sale (FLHSMV recommends having it notarized), certificate of title or other type of transaction document showing it was sold.

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Having the form notarized is not required, but the Florida Highway Safety and Motor Vehicles (FHSMV) department recommends that bills of sale be notarized for vehicles, and it's a good idea for the purchase of any significant asset. Completed bills of sale should be submitted to the tax collector for your county.

To successfully transfer a vehicle's title, you need the following documents: A completed vehicle title provided by the seller. An Application for Certificate of Title with/without Registration (Form 82040) A notarized bill of sale (if required)

A bill of sale for use in Florida when the seller's personal property is included in the sale of commercial real property. This bill of sale is designed to evidence the transfer of title to the personal property located at the real property being conveyed.

For the buyer, the bill of sale serves as a basic requirement for either registering the vehicle or transferring the title of the newly-purchased vehicle. The bill should be completed and signed by the seller before being signed by the buyer.

A bill of sale is required to buy or sell a vehicle in Florida and is recommended for other major purchases as well. If you're buying or selling a business, a work of art, or a valuable antique, a bill of sale provides legal proof of ownership and an official record of the date of transfer.

More info

A bill of sale records the transaction of two (2) parties. The document should only be signed AFTER the sale is complete.A bill of sale is a legal document between a buyer and seller for the purchase of goods in exchange for cash or trade. §§ 48-8-2(31), 48-8-30(f)(1). Transfer Ownership - Use the back form on the original title. A Bill of Sale is only useful for transactions in which the buyer pays for the item in full and accepts its condition at the time of the sale. A business bill of sale is a form that transfers an individual's ownership of a company to a buyer in exchange for payment. Use our Bill of Sale forms to transfer ownership of an item (e.g. , auto, boat, firearm) from one person to another. A bill of sale will detail a transfer of property or sale of items between a seller and buyer.

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Bill of Sale for Personal Property - Business Use