A bill of sale is a legal document made by a 'seller' to a purchaser, reporting that on a specific date, at a specific locality, and for a particular sum of money or other "value received", the seller sold to the purchaser a specific item of personal, or parcel of real, property of which he had lawful possession. It is a written instrument which evidences the transfer of title to personal property from the vendor, seller, to the vendee, buyer.
It may take the form of something like the following:
- For the sum of fifty thousand dollars I hereby sell to Larry Smith full ownership of a green John Deere harvester, serial number DH500-1234567. (Signed) John Doe
Read more about Bill Of Sale: Historical Origin, The Absolute Bill of Sale, The Conditional Bill of Sale
Famous quotes related to bill of sale:
“Chippenhook was the home of Judge Theophilus Harrington, known for his trenchant reply to an irate slave-owner in a runaway slave case. Judge Harrington declared that the owner’s claim to the slave was defective. The owner indignantly demanded to know what was lacking in his legally sound claim. The Judge exploded, ‘A bill of sale, sir, from God Almighty!’”
—For the State of Vermont, U.S. public relief program (1935-1943)