A Bill of Sale has the legal effect of transferring ownership of personal property from the seller to the buyer.
To make the Bill of Sale legally enforceable, the seller must transfer all of their actual legal ownership of the goods or personal property to the buyer.
In many states, a Bill of Sale usually applies only to individuals and unincorporated businesses.
GotTrouble.org is a one-stop free and open consumer information and expert resource.
Our information helps guide people through the complexity of life-changing legal, financial, and emotional challenges.
One way of doing this is by providing our visitors with a wide range of third-party resources. Some of which are affiliates.
Should you visit an affiliate, we will disclose this fact, and we may earn a commission. We ask that you use your independent judgment in deciding whether an offered service or product fits your needs and purposes.
If you have questions, please get in touch with us at inquiries@GotTrouble.org.
We are the only A-Z-resource solving the legal, financial, and emotional side of life-changing trouble.
Contact us