Montana General Bill of Sale
If you plan to sell personal property or a specific item, you'll need a Bill of Sale since the new owner needs to register the item. Without it, the transaction cannot be completed. As proof that you own the property or have stopped being responsible for it, a Bill of Sale is required when selling a property.
To complete the general bill of sale, you can choose from several formats and download options on this page. You can either download a PDF or download a Word document.
Here is the first step. When you draft the paperwork, you should mention the date when it was drafted in the first section. Make sure it is filled in correctly. Next, you must include the complete names of the seller and buyer. Their addresses should also be included. The postal addresses of both parties are essential.
Taking the second step. Here you can record all the details and information about your property. For example, you can record serial numbers, manufacture dates, colors, and brands. Make sure to examine the product details carefully so that you don't become misled.
This is the third step. There is all the financial information you will need for the purchase in this section. For dollar amounts, please provide words as well as figures. Please specify the preferred mode of payment here if applicable. It is possible to make installment payments in advance or to make a lump sum payment later. Exchanges are also possible. You can choose what works best for you.
This is the fourth step. A general bill of sale is usually used when personal property is sold without a buyer's guarantee. The bill usually states that the property is being sold "as is". The buyer and seller (both parties) must comprehend this section completely in order to come to a successful future agreement.
This is the fifth step. Both the buyer and seller must sign the bill of sale at the end of a sale. The sale is legally enforceable only after it has been notarized. To ensure your records are safe, and for future reference as well as tax purposes, keep a copy of every document that you handle.