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Generic Bill of Sale Form - Missouri
What Is a Missouri Generic Bill of Sale?
A Missouri Generic Bill of Sale is a legal instrument that documents the transfer of ownership of various items from the seller to the buyer along with the agreement to sell and purchase goods. It is used by private parties, individuals and companies, to record the details of the transaction stating mainly the financial terms and conditions of the deal, which is especially relevant for deals involving expensive items and large sums of money.
Alternate Names:
- Missouri Bill of Sale;
- Missouri General Bill of Sale.
You can create your own Generic Bill of Sale if you use our customizable o nline template or download a ready-made one below .
Does a Bill of Sale Have to Be Notarized in Missouri?
The document may be notarized and witnessed at signing, but this is not a legal requirement.
Do I Need a Bill of Sale in Missouri?
There is no government-issued generic bill of sale form in Missouri. However, it is a good idea to compose an accurate document, especially if after the transaction the new owner needs to register the property. The seller, on the other hand, can keep a copy of the bill of sale for tax purposes and simply to avoid unnecessary problems in the future. This document releases the former owner from any liability for the item and guarantees the condition of the property along with its authenticity. Also, Missouri Bills of Sale are recognized by the courts of law so if there is a dispute in the future, this document can attest to the transfer of ownership.
The form usually includes the following information:
- Seller and buyer's full names and mailing addresses . It is also recommended to add some details to make the identification process easier, for example, write down both parties' driver's license numbers;
- Full description of the property . You need to submit the item's serial or identification number, model, make, size, color. If there are any customizations or accessories that are being sold with the main item, mention them in writing;
- Purchase price . The seller and the buyer are free to negotiate the sum of money and choose a method of payment. Watch out for fraudulent messages and emails that claim the payment has been sent to avoid being scammed;
- Date and location of the sale . As a rule, the property changes ownership on the day when the payment is finalized;
- Warranty clause . The seller can provide the new owner with various guarantees, given or implied;
- Signatures of the parties . This is the final step, which makes the sale legitimate. From that moment onward, the purchaser is responsible for the property, including getting insurance for it and registering it with a certain agency.
The parties are allowed to modify a bill of sale so that it suits the particulars of their deal.
Want to find out more? Check out these related forms:
- Generic Bills of Sale by state;
- All Bills of Sale for the state of Missouri.
Download Generic Bill of Sale Form - Missouri
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