A bill of sale form is typically used for the sale of vehicles or other personal property. Most people do not need to hire a lawyer with this type of sale and prefer to use online bill of sale forms. Keep in mind that some states require that their specific form be used when selling personal property.

Most online bill of sale forms include specific information about the sale being made:

Item: There will be an area on the form that requires a description of the property that is being sold. For vehicles this will include the VIN number along with the made and model.

Date: The date of the sale needs to be put on the form as well as the dates that both the seller and buyer signed the form.

Amount: If sales or property tax needs to be paid on the purchase it will need to have the exact amount paid written on the form. Many times people will want it written as $1 plus other considerations, as this will allow them to pay less property or sales tax on the purchase.

Signature: It is necessary for both the buyer and seller to sign the form in order for the form to be legal. Depending on the state it is filed in the signatures may need to be witnessed by a Notary Public.

After the online bill of sale form has been filled out completely it is typically the responsibility of the buyer to file the paperwork with the state. If the property is a vehicle the bill of sale form will need to be shown when the vehicle is inspected and then tagged and licensed.

If the property being sold is not a vehicle the paperwork will be needed in order to pay property taxes and to prove ownership. There may be times when no bill of sale is necessary but the purchaser may want one written up for proof of ownership.

There are many sites on the Internet that will allow people to print off a free bill of sale form which keeps the cost of selling property down. If either the buyer or the seller does not feel comfortable with the online bill of sale form they can have their own attorney review the bill of sale