Purpose of a bill of sale
It memorializes the transaction: who sold what to whom, on what date, for how much, and on what terms.
Many states require a bill of sale for certain transfers (especially vehicles) and government agencies often rely on it during titling and registration.
What it usually includes
A typical bill of sale lists:
- Buyer and seller names and contact information
- Description of the item (with serial numbers, VIN, etc. where relevant)
- Purchase price and payment terms
- Date and place of sale
- 'As-is' or warranty terms
- Signatures of both parties
Common scenarios
Bills of sale are commonly used for vehicles, boats, trailers, motorcycles, equipment, livestock, and miscellaneous personal property.
Frequently asked
- Is a bill of sale required?
- Requirements vary by state and item type. Many DMVs require a bill of sale for vehicle transfers.
- Does a bill of sale transfer title?
- It documents the sale but does not always transfer legal title — title transfer often requires additional steps with a government agency.
- Should a bill of sale be notarized?
- Some states or counties require notarization for certain items. Check local requirements.
- Does LegalDocBuilder.com provide legal advice on bills of sale?
- No. We provide educational resources and document builders, not legal advice.
LegalDocBuilder.com is a document preparation platform, not a law firm, and does not provide legal advice or representation. For complex matters, review your documents with a licensed attorney in your jurisdiction.