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Free Billing Invoice Template Bill Of Sale Blank Printable Templates

free billing invoice template bill of sale blank printable templates excel download word

Topic : Free billing invoice template microsoft word.

Category : Bill Of Sale.

Author : Imogen Wortman.

Published : Tue, Sep 4 2018 :8 PM.

Format : jpg/jpeg.

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A bill of sale is an official document that is required for goods that are reported or registered. They are most often used for the private transfer of motor vehicles. You do not have to hire a professional to draw up a bill of sale.

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A bill of sale is an official document that is required for goods that are reported or registered. They are most often used for the private transfer of motor vehicles. You do not have to hire a professional to draw up a bill of sale.

If the item happens to be insurable, you may need to provide documentation to prove that you are the legal owner of an item, or that you are no longer in possession of the item. A Bill of Sale, if completed correctly, can be used as proof of ownership.

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A Bill of Sale acts as a receipt for both parties. The seller can use it to prove that an item was sold to the purchaser "as-is", and the buyer can use it to prove that payment in full was given to the seller. It also provides a sale date to both parties, which can show when the responsibility of the item was transferred. Both the purchaser and the seller can use a Bill of Sale as evidence of the price paid for tax purposes.

As-is is an important term in a Bill of Sale form. It means that the item was bought and sold in its current condition and that the buyer is accepting the item with all of its faults, whether they are apparent or not. "As-is" protects the seller from having to refund the buyer for any item-related issues after it was received and paid for.

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