| A bill of sale is used to legally | | | | additional signatures. |
| document, and protect you when selling | | | | Some important things to remember when |
| any personal property to another person. | | | | filling out the legal form is to use |
| If you don't legally document the | | | | "OR" or "AND" in between the specified |
| transaction in writing then there's no | | | | names if there is more than one name for |
| record of the transaction, and therefore | | | | the owner. Also, if ownership of the |
| nothing to prove you have or had any | | | | property is being transferred to a |
| right over the item. Using a bill of | | | | business entity then the signatures of |
| sale will protect the consumer rights of | | | | two authorized persons are required. A |
| both the seller and the buyer. Using a | | | | copy of the business organizational |
| bill of sale is especially important | | | | papers must also be provided. Business |
| when your the buyer, but still important | | | | organizational papers may include things |
| for the seller too. | | | | like Articles of Incorporation, |
| Some things a bill of sale should cover | | | | Partnership Agreement, Articles of |
| is the date of the transaction, who sold | | | | Organization, ect. |
| what, who bought it, and how much he or | | | | Preparing your own bill of sale is |
| she paid for it. For example, in Arizona | | | | pretty simple, a lawyer is not required. |
| both the seller(s) and buyer(s) must | | | | You could hire a lawyer though, but |
| notarize all signatures. If the Arizona | | | | finding a bill of sale form for your |
| bill of sale is not notarized then it is | | | | state on the Internet is simple and |
| void and not legally valid. All parties | | | | easy. Since every state varies, I could |
| must also appear before the same notary | | | | only provide you with a guide to |
| all at the same time. Although, Arizona | | | | complete a legal Arizona bill of sale, |
| state does allow a separate notary | | | | but if you live in Arizona, follow it |
| acknowledgement to be attached for | | | | and you'll be just fine. |