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Bill of sale: What is it?
Are you selling something like your old car or motorcycle? What about one of the puppies from your dog's latest litter? You need a bill of sale to establish transaction terms with your buyer and officially transfer ownership.
Some people call this a:
- Proof of purchase
- Proof of payment
- Proof of sale
- Sales slip
- Sales receipt
So, what goes into a Bill of Sale:
Who the buyer is
Have their name and contact info ready.
Details about what you're selling
Make sure you know the important info such as whether there are liens, make and model, breed, and more.