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Selling agreement

General Bill of Sale

Whenever you sell something of value privately, a bill of sale turns a handshake into a record. It proves what was sold, for how much, and to whom, so neither side is left exposed after the deal. Here is how to use one for any goods.

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What it is

A general bill of sale records the sale of personal property, anything from equipment and tools to furniture, electronics or livestock, from a seller to a buyer. It is the plain-goods version of a vehicle bill of sale, used when the item is not a car.

It gives both sides certainty. The seller has proof the item is no longer theirs and that payment was agreed. The buyer has proof of ownership and what they paid, which matters for insurance, resale, or simply settling a later dispute.

When to use it

Use one for any private sale of goods where the value is high enough that you would want a record, especially business equipment, machinery, or anything sold as-is between individuals or businesses.

Fill it in and sign it at the point of sale, with both parties keeping a copy. Pair it with a receipt when money changes hands so payment is separately documented.

What to include

The clauses a solid general bill of sale should cover.

Pairs with a matching receipt. Add a receipt so the buyer has separate proof the payment was made. Open the tool.

This page is general information, not legal advice. Agreement templates are a starting point and may need adjusting for your situation and the laws where you are. For anything high-value or complex, have a qualified lawyer review it.

Questions, answered

What is the difference between a bill of sale and a receipt?+

A bill of sale records the transfer of ownership and the terms of the sale, and is signed by both parties. A receipt simply confirms payment. Many sales use both together.

When do I need a general bill of sale?+

Any time you sell goods of real value privately, particularly business equipment or anything sold as-is. It protects both sides if a question comes up later.

Does it need to be witnessed?+

Not always, but a witness or notarisation adds weight, especially for higher-value items. Check what is expected where you are.

Related agreements and tools

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