They can be used only to transfer ownership of goods that people already own or to transfer ownership of moveable tangible goods and only by individuals and unincorporated businesses.īills of sale exist at common law quite independently of any legislation. Bills of sale may be used in a wide variety of transactions: to sell goods, exchange, give or mortgage objects. It is used in situations where the former owner transfers possession of the goods to a new owner. ( Learn how and when to remove this template message)Ī bill of sale is a document that transfers ownership of goods from one person to another. ( December 2010) ( Learn how and when to remove this template message) You may improve this article, discuss the issue on the talk page, or create a new article, as appropriate. The examples and perspective in this article may not represent a worldwide view of the subject.
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