33+ Practical Bill of Sale Templates & Formats

Looking to prepare an official bill of sale? If so, then this article might be of great help to you in this regard. You will get to know what a bill of sale actually is and how to prepare it from scratch. Moreover, we have also got some ready-made official bill of sale templates and formats for you right here on this page. Scroll down and you will find some very useful bill of sale templates in word format which are very easy to edit and use.

What is a Bill of Sale?

A bill of sale is a special legal document that is prepared to record the sale of an item. It is important to keep a bill of sale for record purposes and for proper documentation. It can also be considered as a receipt but a bill of sale is mostly prepared in case of sale or purchase of an item like:

• a vehicle (car, bike, RV, etc.)
• a house or any other property,
• equipment or tools,
• animals or pets,
• any other personal belongings.

A bill of sale is also known sometimes as a sale bill. An official bill of sale indicates that the buyer and seller are on the page at the time of sale or purchase of an item. A bill of sale is typically used in cases where some expensive or high-value items are sold just like the ones mentioned above. These are not used in case of sale or transfer of low-value items.

On this page, you can get some practical bill of sale templates in doc format. You can simply choose a suitable template, edit its contents as per your situation, and use it for the purposes of selling or purchasing.

Sample Bill of Sale Templates

Boat Bill of Sale Template

Simple Bill of Sale Template for a Boat

Seller’s Bill of Sale Template

Basic As-Is Bill of Sale Word Template

Horse Bill of Sale Sample DOC

Livestock Bill of Sale Template in MS WORD

Trailer Bill of Sale Template

Sample Aircraft Bill of Sale in WORD

Official Bill of Sale Template for Firearm

Jet Ski Bill of Sale Word Template

Formal Auto Bill of Sale Template

Simple Bill of Sale Format

Importance of Having a Bill of Sale

A bill of sale form is a legal agreement that includes the detail of a sale or purchase transaction. It is completely alright to sell or purchase any item without any written agreement. Such a deal is made only in good faith. However, the following are some points that will further depict the importance of a bill of sale:

• A bill of sale protects both the seller and the buyer from any disputes or misunderstandings in the future.
• A signed bill of sale is concrete evidence or proof that:
  • the buyer has paid the agreed amount to the seller for the purchase of a product and,
  • the seller has actually received the amount and transferred the right to use the product to the buyer.
• A bill of sale is important to use especially in the case of cash selling or purchasing of products.
• Bill of sale is also used to maintain taxation and accounting records.
• In the case of a used vehicle, it can not be registered without a proper bill of sale.

Free Bill of Sale Formats

Bill of Sale Format for a Motor Vehicle

Sample Furniture Bill of Sale Template

Standard Equipment Bill of Sale Format WORD

Motorcycle Bill of Sale Word Sample

Professional Bill of Sale Template

Typical Bill of Sale Template in MS WORD

Detailed Bill of Sale Format for Furniture

Recreation Vehicle (RV) Bill of Sale Template

Bill of Sale Template for the Sale of a Trailer

As-Is Bill of Sale Format in WORD

Vehicle Bill of Sale Basic Format

How to Prepare a Proper Bill of Sale?

One can simply use the pre-formatted bill of sale templates available here on this page in case of need of a bill of sale. Simply click the download button, customize the template, and use it to generate your very own bill of sale.

However, if you want to know how to create a proper bill of sale from the start, it can also be done with ease. Simply make sure to keep in mind the useful tips that are given below. Also, add the mentioned below details or information in your bill of sale sample:

• Before drafting a bill of sale, the parties to the transaction i.e., both the buyer and the seller must be on the same page. It means that both of them agree to the terms and conditions of the transaction.
• At the start, mention the name of the item or product that is being sold, transferred, or purchased.
• Add the date on which a bill of sale is being prepared or presented.
• Mention the details of the seller and buyer. These details will include the names, addresses, contact details, and any other important details of both the seller and the buyer.
• List down all the terms and conditions of the transaction.
• Mention the amount in words and numbers that the buyer agrees to pay to the seller for the purchase of a product or item.
• Mention the mode of payment.
• Add a brief description of the product or item that this subject to sale or purchase.
• Add a declaration statement indicating that the buyer has paid and the seller has received the agreed amount.
• Write about the warranties, if any, of the product or item subject to sale.
• The seller and the buyer must sign the bill of sale to make it official.
• If both the parties agree to draft and sign a bill of sale in the presence of a witness, make sure to add the particulars (name, address, contact details, etc.) of the witness as well in the bill of sale document.
• Both parties must review the document carefully before finalizing it.
• After reviewing and finalizing the bill of sale sample, take its prints. Both parties must retain at least one copy of the document for record purposes. Moreover, if the bill of sale is drafted on a computer program like MS WORD, the party who drafted such a document must also save its soft copy as well. A copy of the same bill of sale file must also be sent to the other party by email or by any other means.

More Bill of Sale Templates

Official RV Bill of Sale Template

Pet’s Bill of Sale Example

Common Bill of Sale Template

Custoizable Bill of Sale Form Template

Free Online Bill of Sale for a Motor Vehicle

Cat’s Bill of Sale Template

Handy Bill of Sale Sample

Fillable Bill of Sale Template

Company’s Bill of Sale Template

Typical Vehicle Bill of Sale Template

General Bill of Sale Template