Carl Glendon

What Are The Various Types Of Bill Of Sale Forms?

A legal document, a bill of sale records the ownership transfer of some asset to another party for money. But it may also be used for recording personal property sales - such as that of furniture or animals. As a rule, the seller drafts such a document and gives it to the buyer. A bill of sale form - such as a motorcycle bill of sale - protects sellers as well as buyers, in case there are any disagreements in the times to come. Find out about the various types of bill of sale documents.

Vehicle Bill of Sale

This is a bill of sale that records the transaction of a vehicle. A motor vehicle bill of sale form acts like a receipt, and ensures ownership transfer to buyer from seller. A vehicle BOS, or Automobile bill of sale, is what it sounds like. Such a document certifies that a car has been purchased and paid in full by the buyer.

Boat Bill of Sale

This is a bill of sale form for a boat. A boat bill of sale serves as an official receipt, and signifies the transfer of ownership of a boat to the buyer from the seller. Other than making it clear that the ownership has been transferred, this document also makes it clear who will be responsible for the boat - and when and how - if the boat gets damaged. For more information about getting a free bill of sale, please visit this website.

Warranty Bill of Sale

It shows that what you are selling is yours legally, and you promise to transfer the legal ownership of the item to the buyer with this document. You should not ignore this free bill of sale download, as it has to be a part of the financial documents of your company. Keep in mind that you cannot use this bill of sale for the sale and purchase of real estate. To learn more about drafting a bill of sale form in Louisiana online, visit this website.

Author Resource:-

Carl writes often about online legal drafting like affidavit, bill of sale and release/ waiver agreement to help the people. You can find his thoughts at legal bill of sale template blog. Please visit this site to get a sample bill of sale in Maryland.