Writing a Bill of Sale Form – What are the Things to Remember? A bill of sale template is a type of document that is used commonly for recording the sale of watercraft, motorcycles, autos, aircrafts etc. It consists of all the transaction details. Whether your state deems it necessary to have a bill of sale form or not, it can be a good idea to write one and keep it for your own records. Know about the top things that you need to remember while writing a bill of sale PDF.
Ensure its legal compliance Make sure that the printable bill of sale is in accordance with the legal requirements of your state. You have to find many instances of bills of sales online as well as in other sources, to make sure that yours is legal. You might like to have it evaluated by a lawyer. State requirements for bill of sale forms vary from one state to another, and even while writing a simple BOS, ensure that it satisfies all the necessary requirements of your state. For instance, in some states both sellers and buyers need to sign the document whereas other states need just the buyer’s signature on the document.
Consider the protection level When you draft a blank bill of sale form, you have to consider whether you are selling the item with a warranty or “as is”. You can get a varied protection level with each type. In case you do not include such a provision, it will be presumed that your item is being sold “as is” – which means you do not promise that the item is defect-free.
Include all the important components While drafting such a free printable bill of sale, include important information such as purchase date, buyer & seller name and address, amount paid for ownership transfer, asset description, warranties or representations, signatures of buyer, seller, and a notary public and other details. For more information about getting a Tennessee car bill of sale and bill of sale in Texas, please visit this website.