Bill of sale simple pdf4/10/2023 ![]() It serves as proof of ownership and holds both parties (the buyer and the seller) accountable to the agreed terms listed in the bill of sale. ![]() Common UsesĪ Generic Bill of Sale form is used as a receipt that describes all the details of the transaction between a buyer and a seller. The personal property, whatever it may be, is sold on an “as-is, where-is” basis with no warranty. The document should only be signed AFTER the sale is complete. A bill of sale records the transaction of two (2) parties. The form is needed more by the new owner if they ever need to prove ownership. A general bill of sale is a document that acts as a receipt for any type of personal property exchanged for cash or trade.
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