Blank Printable Monthly Bill Organizer
Iowa Bill Of Sale Template
When sales of certain products occur, it is important for there to be a paper trail. This is true for things like cars, firearms and animals. Since it is essential to know who the legal owner of these items is, written proof is important when ownership changes hands.
A bill of sale serves as that written proof of purchase as it documents the very basic details of a sales transaction.
Specifically, it shows what was sold, when it was sold, how much it was sold for and who the buyer and the seller were. If there is confusion over who the owner of an item is or when that person became the owner, the form clears up these questions.
What Is an ‘As Is’ Bill of Sale?
If an item is sold with no warranty, it is sold as is, but you’re going to want written proof of that.
The buyer needs to know they’re accepting the product as it is in its current condition with no guarantees. And the seller needs that in writing, so they aren’t faced with a demand for a refund if a problem shows up after the sale.
An as is bill of sale should be used in these circumstances. It provides clear proof that the property was sold without warranties or guarantees, just as it was at the time of the sale.
