Imagine you want to buy a motorcycle from your neighbor who has agreed to sell it to you. The last thing you might be thinking of is the paperwork, which isn’t as interesting as the motorcycle. However, any purchase of a vehicle or other valuable asset may bring future disputes unless the relevant legal documents support the sale agreement.
A bill of sale document ensures the legality of a purchase and sale operation and helps both parties understand their responsibilities and liabilities when selling or buying items. This legal document is necessary to help regulate the buying and purchasing process. The following is a guide for making a bill of sale that you can rely on to use in future deals.