For Small Sales. This is a matter of personal preference for the buyer or seller, but most people do not feel it necessary to use a bill of sale for lower-cost items.If you are a business receiving payment for goods sold, you can use a general receipt.

If services are involved (such as woodworking, babysitting, business consulting, etc.), it's a better idea to use a general contract for services.

Services. A bill of sale should be used when transferring ownership, not when performing services.

Real estate transactions are simply much more complicated and require different forms, such as a quit claim deed, or forms available only from your state or local government.

Real Estate. If you're planning on transferring real estate between owners, you can't use a bill of sale agreement.

Livestock. Many states require a signed bill of sale as proof of purchase in various instances, such as when transferring a title with your state's DMV or when buying and selling branded livestock, including horses.

Depending on your state, you may also be required to have a smog certification. In exchange for the signed auto bill of sale and a small title transfer fee, the purchaser can apply for a title in his/her name at the state's DMV (Department of Motor Vehicles). In Louisiana, Maryland, Nebraska, West Virginia, or Wyoming, the DMV will require a notarized vehicle bill of sale signed by both the buyer and the seller.

Vehicles. In motor vehicle sales, the automobile bill of sale represents the transfer of the RIGHT to ownership while the vehicle's certificate of title represents ACTUAL ownership and is required in every state.

This Bill of Sale shall be signed by the Buyer 's Representative and by the Seller 's Representative, and shall be effective as of. The parties hereby agree to execute such other documents and perform such other acts as may be necessary or desirable to carry out the purposes of this Bill of Sale. The terms of this Bill of Sale shall bind and inure to the benefit of the parties hereto and their respective heirs, legal representatives, successors and assigns. In no event shall either party be liable for incidental, consequential, indirect or special damages of any kind, including but not limited to loss of profit. In the event any dispute between the parties hereto should result in litigation or arbitration, the prevailing party shall be reimbursed for all reasonable costs in connection therewith, including, but not limited to, reasonable attorney's fees and defense costs. Additionally, the Buyer has accepted the Property in its existing condition. The Buyer has been given the opportunity to inspect the Property, or alternatively, have the Property inspected.

Simple car bill of sale template