Generic Bill of Sale Form - New Jersey

Do You Need a Bill of Sale in New Jersey?

The State of New Jersey does not require you to fill out the New Jersey Bills of Sale when buying or selling personal property. At the same time, both parties often prefer to document the details of their deal when selling or purchasing valuable items. The properly completed and signed form helps to protect the legal interest of both parties from possible fraudulent claims that may arise in the future. It contains a lot of important information that allows identifying the seller, the buyer, and the transferred item. If the buyer and the seller agreed upon any special terms, like the payment in several transactions, late payment, or any other, the document gives a possibility to record these terms instead of leaving them as oral agreements. It provides both parties with written proof that may be referred to in order to substantiate your rights even in the court of law.

The typical New Jersey Generic Bill of Sale includes the following:

1. Full name and address of the seller (physical or mailing depends on the agreement of the parties);
2. The same information about the buyer;
3. Date of sale;
4. The sales price in US dollars. It is recommended to specify price both in words and in digits;
5. Description of the item you sell. The description must allow identifying the transferred item clearly. It usually includes the make, model, year, color, size, shape, serial number, and other important details;
6. If you provide any accessories to the item you sell, list and describe them as well;
7. Additional terms if any. If you and the buyer agreed upon any special terms, it is better to describe these terms in details on this document in order to have written evidence;
8. Signatures of both parties of the deal. If the transfer includes more than one seller or buyer, all of them should sign the document.

Didn't find the form you need? Check out these related templates:

• Customizable Bills of Sale by state;
• Other Generic Bills of Sale.