A bill of sale is a document that transfers ownership of personal property from a seller to the buyer. It acts as a basic agreement for sale of goods, and a sales receipt. .A Bill of Sale also constitutes a record of the transaction for both the seller and buyer. It can provide the seller with a record of what has been sold, to whom, when, and for what price.

Most bill of sale forms should contain the following information:

• Amount of consideration paid for the transfer of title and date of purchase.
• Name and address of Seller  
• Name and address of Buyer  
• Specific information about the asset being transferred from the seller to the buyer.
• Guarantee from the seller that the item is free from all claims and offsets.
• Any representations or warranties
• Signature of the seller(s)
• Signature of a notary public.