What Is a ‘Bill of Sale’?
30/6/17 What Is a ‘Bill of Sale’?
A bill of sale is a written statement attesting to the transfer (sale) of goods, possessions, or a business to a buyer. It is useful to show that the buyer now has ownership and to detail what was actually purchased.
A bill of sale may accompany an agreement that states the agreed-upon terms of sale, including the date of transfer, the price, timing of payment, and other provisions.