British Columbia Bill Of Sale For Boat in measurements 1700 X 2200Boat Bill Of Sale Template Bc – The bill of sale is a crucial legal document because; it not only assists in safeguarding the interests of the seller but also the buyer too. It’s common and regrettably, a common occurrence where a seller or the buyer comes to strive because of deliberate fraud in a market trade. This is especially so when”no bill of sale” document was used at the point of sale.
The bill of sale template should include each of the basic details such as private information, with respect to both the seller and the buyer. It should also clearly highlight information and information regarding the asset and/or the property in question that is being offered for sale. Legally speaking, the buyer and the seller will have to offer all essential information. For example: their title (s), street addresses and current contact numbers.
Other Vital Areas,Providing a detailed description of this property that’s available for sale is also a vital requirement. In case the property comprises more than say one item and/or an attachment like in the event of mechanical equipment, or perhaps a group of items or products, these also should be clearly recorded in the invoice of sale. These extra items that are to form part of the sale have to be clearly itemized. By doing so will prevent any misunderstandings from arising and also remove any potential confusion occurring between both parties. Additionally, it is a good thing to include all of the details and information regarding the terms and conditions directly relating to the sale of their property. However, if the sale of property was transacted based on a lien or mortgage or another jurisdiction transport, then it may be required to specify and address these issues too in the document.
Equally as important, are various issues which have to be kept shut in your mind if you’re the seller, and before you go ahead and duly date and sign the document. Thus, it’s vital for you to make sure that the property and/or the motor vehicle, ship, equipment, etc., are without question, legally owned by you personally. Entering to a legal document and understanding that it incurs a lien and/or an outstanding mortgage (and not disclosing this information to the buyer at the document) is illegal and carries severe penalties under law. It’s also sensible to have the invoice of sale seen by someone aside from a friend or close relative.
