[What is a Bill of Sale?]

Nigerian Bill of Sale

A Bill of Sale, similar to a Sales Agreement, is used to document that a buyer has bought and paid for one or more specific items (worth more than $500) (e.g. car, animal, electronics) from the seller and is entitled to ownership of the item(s). In addition, the time and place of the purchase, purchase price, method of payment, and other related details are also included. Depending on your jurisdiction, a Bill of Sale may be required as a condition of transferring title to the buyer. A Bill of Sale CANNOT be used to buy or sell real estate.


Simply answer the questions below to personalize your Bill of Sale

Governing Jurisdiction:

Type of Property:

 

Seller Details:

 

Buyer Details:

 

Consideration:

 
 

Additional Clauses:

 

Date of Transaction, if known:

 

Signatures Required:

Signatures Required:

To ensure the validity of this Bill of Sale, we recommend getting it signed by one or more witnesses and a notary public.

If a notary public will be present, you will be able to choose between a signature and a notarial acknowledgement. In most cases, a signature is sufficient. If you are unsure about your specific requirements, remember that it is better to go beyond what is needed than to find out later that important information is missing.