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Bill of sale

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Bill Of Sale A written statement attesting to the transfer (sale) of goods, possessions, or a business to a buyer. It is useful to show that the buyer now has ownership and to detail what was actually purchased.

 


Bill Of Sale
(n) Bill of sale is the document containing the details of items or goods sold to the buyer and the conditions, time and terms of transfer of the property for the consideration stated in that document
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BILL OF SALE - A document under which personal property is transferred from a seller to a buyer.

Bill of Sale:
An agreement in writing signifying that one person for a specific sum of money has acquired specific assets.

BILL OF SALE: A written statement by which one person transfers to another his rights to personal property.
BILL OF PARTICULARS: A document listing the details of a claim for which a suit is brought.

BILL OF SALE, Contracts. An agreement in writing, under seal, by which a man transfers the right or interest he has in goods and cbattels, to another.

bill of sale
A document which enables one person to possess and use goods (the possessor) while another has legal ownership (usually a person or company that has lent money for the purchase of the goods). See: goods mortgage.
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See also: Sale, Goods, State, Law, Property

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