![]() Therefore, a Bill of Sale protects the seller from having to provide a refund for any item-related issues after the buyer pays and receives the item. ![]() With an "as is" Bill of Sale, the seller isn't liable for any imperfections or flaws in the item, provided they haven't hidden or lied about them. This means that a Bill of Sale cannot include any warranties and a seller can't guarantee the quality of the product to the buyer. "As is" means that the item is being sold in its current condition and the buyer accepts the item with all of its flaws. If you need a contract that allows you to include warranties or outline a payment plan, a Sales Agreement form should be used. The main purpose of a Bill of Sale is to record the transfer of ownership from the seller to the buyer.īoth parties should retain a copy of the signed Bill of Sale as proof that the transaction took place.Ī Bill of Sale is only useful for transactions in which the buyer pays for the item in full and accepts its condition at the time of the sale. _ Seller: _ Address: _Ī Bill of Sale is a form a seller uses to document the sale of an item, such as a car, to a buyer. SIGNED, SEALED, AND DELIVERED this _ day of _, _ in the presence of: ![]() I CERTIFY that the odometer of the Motor Vehicle was not altered, set back, or disconnected while in my possession, and I have no knowledge of anyone else doing so. I CERTIFY that to the best of my knowledge the odometer reading as stated above reflects the actual mileage of the Motor Vehicle.
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