A Bill of Sale typically includes:
- The full names and contact information of the buyer and seller
- A statement that transfers ownership of the item from the seller to the buyer
- A complete description of the item being purchased
- A clause indicating the item is sold "as-is"
- The item's price (including sales tax)
- The form of payment
When writing an item description, it's important to include all identifying features, such as the make, model, colour, and any identification numbers (serial numbers, odometer readings, etc.) or other notable markings.
Do not use nicknames or trading names when recording the names of the seller and purchaser. Use the full legal name of an individual, or the official name of a company.
In some jurisdictions, both the seller and the purchaser are required to sign the document. However, in most cases, the purchaser does not need to sign. You can check what's required in your jurisdiction, or have the purchaser sign to ensure the contract is valid in any case.