Bill of Sale

Overview

A bill of sale/ receipt that is professionally drafted to record the sale or transfer of ownership of an item from one party to another.

What is a bill of sale?

A bill of sale is a professionally drafted bill / receipt to record the sale or transfer of ownership of an item (such as any personal goods) from one party to another. It states the buyers obligation to pay a price for the item ‘sold as seen’ without any warrenty. It states the sellers obligation to confirm that they will provide the item or goods in accordance with the terms of sale.

What does a bill of sale cover?

The bill of sale expressly states that the goods are “sold as seen” so there can be no dispute over the condition of the property in the future. It also states the purchase price and a description of the items. It includes other details such as the sale date, identifies the buyer and seller, condition of the goods and more.

When should I use a bill of sale?

Anyone who is selling an item or personal goods should use a bill of sale to protect the transaction and create a record the sale.

Do I need a bill of sale?

You should use a bill of if you are buying an item without warrenty or selling any personal goods and seek protection from future disputes and disagreements.

Further information

You should not use a bill of sale for transactions of real estate or financial instruments or services.

Why you'll love us

Our expert team will complete your work within 3 working days and send it directly to you. No expensive legal fees, no intimidating meetings, no wasted time, no hidden costs. Just quality legal work, for the best price.

Legal Services

A wide range of services that cater to businesses and individuals accross the UK. Our expert team are ready and will have your work completed within 3 business days.

The Smart Choice

Easy to use, easy to gain. YouLaw is the smart choice for individuals and businesses looking to get great legal work in the most convenient and cost effective way possible.

Ready to get started?

Get a free quote, and start now.