Bill of Sale

This Bill of Sale is made and entered into on ____________ (Date), by and between __________________________ (“Seller”) and __________________________ (“Buyer”).

Whereas, the Seller desires to sell, and the Buyer desires to purchase, the property, assets, and undertaking as described in Exhibit 1 attached hereto (collectively referred to as the “Assets”), for the consideration and on the terms and conditions set forth below:

Now therefore, in consideration of the payment of good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Seller does hereby grant, bargain, sell, assign, transfer, and convey to the Buyer all rights, title, and interest in and to the Assets, subject to the following terms and conditions:

1. Representations, Warranties, and Covenants of the Seller

(a) The Seller affirms that they have full and clear ownership of the Assets, free from any mortgage, lien, charge, security interest, claim, or encumbrance of any kind;

(b) The Seller has full authority and legal capacity to transfer the Assets to the Buyer;

(c) Upon execution and delivery of this Bill of Sale, the Buyer shall have full, peaceful, and uninterrupted possession and enjoyment of the Assets, without any interference, claim, or demand by the Seller or any third party;

(d) The Seller agrees to execute, or cause to be executed, any additional documents or actions as may reasonably be required by the Buyer to effectively transfer and confirm ownership of the Assets to the Buyer;

(e) The Seller agrees to indemnify and hold the Buyer harmless from and against any losses, damages, costs, or expenses arising from any breach of the covenants, warranties, or representations provided herein.

This Bill of Sale shall be binding upon and inure to the benefit of the Buyer’s successors and assigns.

___________________________
Seller

___________________________
Buyer

Date: _______________

Exhibit 1: The Collective Assets Referenced in this Bill of Sale

Bill of Sale

How to Use This Sample Format

This guide is intended to help you understand and properly use the accompanying Bill of Sale document. A Bill of Sale is an important legal instrument often overlooked in transactions involving valuable items such as vehicles, boats, artwork, or other significant personal property. It serves as an official record of the transaction and helps establish a clear chain of ownership.

Make sure to prepare multiple signed copies of the Bill of Sale — two for yourself and two for the other party involved in the transaction. Keep one copy with the relevant transaction records and store the other in a secure location, such as a home safe or a legal document repository.