4 ms·
What's a bill of sale? I assumed the transaction was just "you give me the cash, I give you the laptop".
by rudiger 16y ago
What's a bill of sale? I assumed the transaction was just "you give me the cash, I give you the laptop".
- reneherse 16y agoIts a form of receipt that is typically used between individuals when buying and selling relatively expensive items. It has the names and signature of both parties, a serial number and description of the goods sold, the form of payment, the date of the sale, whether the seller is providing any warranty, whether the transaction was witnessed and by whom, etc. IANAL, but the purpose of it is to provide some protection to the buyer from fraud. (E.G. the computer/vehicle/aircraft you sold me doesn't match what you advertised). It can also protect the seller from potentially frivolous claims and provides some proof of non-ownership should the goods you sold be used in a crime. [Edit:] There are lots of examples available online, and you might try looking for something from Nolo Press, my favorite source for easy to understand law reference materials.