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What Is a ‘Bill of Sale’?

30/6/17 What Is a ‘Bill of Sale’?

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.

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