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Generic Bill of Sale Form - Alabama
What Is an Alabama Generic Bill of Sale?
The Alabama Generic Bill of Sale is a document that proves the transfer of legal ownership of personal property from a seller to a buyer in Alabama. This transfer may be the result of a sale or a trade or be a gift. The items transferred may be animals, electronic items, furniture, bicycles, or any other asset not classified as a motor vehicle, boat, or firearm because there are specific bills of sale for these three types of items. Moreover, this form may not be used for selling real estate.
The form in and of itself represents a legal agreement that legally binds the seller and the buyer, and also protects them both in case of any future dispute about the asset that was transferred. It is a document that may be required when registering the item under the buyer's name. The state of Alabama does not issue official bills of sale to be used statewide. Individuals who need a Generic Bill of Sale in Alabama can build their own using our customizable online template or download a ready-made template below.
What Is Required on a Bill of Sale in Alabama?
Alabama Generic Bills of Sale must include the following information:
- A valid date, time, and location of the transaction;
- Information about the buyer and the seller, including their full names and street addresses;
- Description of the goods that are being transferred, as well as their condition;
- The serial and/or model number of the item, if applicable;
- Price of the personal property that is being sold or transferred;
- Terms of payment;
- The form must list any additional terms of sale, such as the terms of payment;
- Statement about any liens or loans on the property, whether if the item is free of lien or loan, or when it will be;
- Signature of both the seller and the buyer;
- Signatures of either two witnesses or a notary public.
If the document is required for a sales transaction, the state of Alabama must be provided with a copy. Also, both the buyer and the seller must keep copies of the document in their records to have proof that ownership of the asset has been legally transferred.
Does a Bill of Sale Have to Be Notarized In Alabama?
The state of Alabama requires that bills of sale be notarized by a notary public or, alternatively, that two witnesses sign the document. This provides proof of the authenticity of the document and protects the transaction as valid.
Didn't find the form you were looking for? Check out these related documents:
- Vehicle bills of sale used throughout the state of Alabama;
- Boat bills of sale used statewide;
- The Alabama Firearm Bill of Sale.
Download Generic Bill of Sale Form - Alabama
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