Bill of sale

From LawGuru Wiki

A bill of sale is a legal document made by a seller to a purchaser, reporting that on a specific date, at a specific locality, and for a particular sum of money or other "value received", the seller sold to the purchaser a specific item of personal, or parcel of real, property of which he had lawful possession. It may take the form of something like the following:

For the sum of five hundred clams (C.500,-) I hereby convey to Joe Blow full ownership of a beige Acme whatchamahoozit, serial number DH500-1234567. (Signed) John Doe

In some jurisdictions, sale of automobiles, firearms, or real estate require additional supporting documentation and reporting to transfer the title.

See also: Contract of sale

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