Bill Of Sale Template Sign For Free

The bill of sale is a hybrid legal document with two purposes: it confirms transfer of title to (ownership of) the property and, in doing so, serves as evidence of a contract.Both parties can sign a bill of sale but, in many instances, only the seller needs to sign it.

In simple terms, a bill of sale agreement is nothing more than a contract for the purchase of a vehicle between a buyer and a seller.In most cases, the contract is legally binding between buyer and seller as long as the bill of sale follows guidelines required in the state where the sale or transfer takes place.

The Printable Basic Bill of Sale Template Form can be used to document a sale of any type of item between two parties.This form is provided in Microsoft Word format.

What is included in a bill of sale? A bill of sale should, at a minimum, include information identifying the parties to the transaction (the buyer and seller), the total purchase price, and a specific description of the item that was sold.

Can a Bill of Sale Be Handwritten? A bill of sale is a legal document that verifies you have sold your car and provides basic information about the vehicle or any other item and the terms of the sale.As, with any legal written document a bill of sale can be handwritten.

Anyone can draft and sign a bill of sale. In California, only the buyer and seller, and any agents representing them, need to sign the document. The buyer and seller may choose to have a witness sign.

The sale of a car without the certificate of title can pose risks for both the seller and the buyer. The biggest risk for the seller is continuing liability for the vehicle if ownership is not legally transferred. The absence of a title also means that the buyer cannot insure or register the vehicle.