You can also see DMV Bill of Sale Forms Evidence of New Ownership As much as a bank’s check or slip is a valid proof enough, using a bill of sale form to support a claim that indeed a transaction took place will be an added advantage. In the event that you are requested by the authority to prove that a transaction between you and a seller took place, providing a bank slip may not be sufficient. useful Equipment Bill of Sale Forms Benefits of General Bill of Sale Forms Evidence of a Transaction Bill of sale forms are easy to use, and filling in data in the template shouldn’t be difficult, to say the least. This will help to not only prevent transactional mishaps but also keep dishonest dealers at bay.
To be on the safe side, you should conduct the transaction in the presence of witnesses having one witness is good, but contacting multiple witnesses would be great. A bill of sale template is significant because it acts as the only strongest evidence that an exchange took place between a buyer and a seller. A bill of sale is a document used to transfer the ownership and possession rights of goods from one individual to another.