Real estate, how do you write your own bill of sale.
The North Carolina General Bill of Sale is a legal document that will provide proof of legal sale and purchase, generally, between two private parties for personal items.The form will provide information regarding the seller, buyer as well as the items being sold. This form will require notarization. How to Write.
States That Require a Bill of Sale. At the time of publication, 30 states require a bill of sale before you can transfer ownership of the vehicle. Most of these states have pretty much the same requirements; however, some require you to have a notary public witness you and the purchaser -- or gift recipient -- sign the bill of sale and sign off on it as well.
Bill of Sale FAQ - United States A Bill of Sale is a document that transfers ownership of an asset (or assets) from a seller to a buyer. While the purchase and sale of used vehicles is arguably the most common use of Bills of Sale, they can be used for any items of value.
A bill of sale can document the sale of personal property, tools, animals such as livestock or pets, and household furnishings or appliances. However, this type of documentation is generally not used when selling low-cost items, providing services, or for real estate purchases.
A bill of sale has been defined as a legal document made by the 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 property, or parcel of real property of which he had lawful possession.
Writing a bill of sale only takes a few minutes and provides innumerable benefits. Registering the vehicle, or titling it if no title exists, rests upon having a clean bill of sale. Further, until registering the motorcycle with your state Department of Motor Vehicles, the bill of sale acts as both title and registration.
Today’s “ask an expert” guest post comes from Bill Gassett, a popular real estate blogger who shares his tips and tricks with buyers, sellers and other agents.This article is an excellent resource for both agents looking to start a real estate blog and those who already have blogs that they’d like to amp up a little!