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WordNet-Online
Definitions from WordNet | ||||
Definitions from the WebBill of SaleDescription:A bill of sale is a legal document that records the transfer of ownership of an item from one party to another. It provides written evidence of the transaction and includes details such as the description, price, and condition of the item. Senses and Usages:1. Legal Document:A bill of sale serves as a legally binding agreement between a seller and a buyer for the sale of a particular item. It outlines the terms and conditions of the transaction and protects the interests of both parties. Sample Sentence: Before purchasing the used car, Mike insisted on obtaining a bill of sale to ensure a smooth transfer of the vehicle's ownership. 2. Proof of Purchase:A bill of sale acts as proof of purchase, providing evidence that an item has been legally acquired by the buyer. Sample Sentence: The bill of sale for the antique painting proved its authenticity and ensured the buyer's confidence in the purchase. 3. Vehicle Registration:In the context of automobiles, a bill of sale is often required as part of the documentation needed to register a vehicle with the appropriate authorities. Sample Sentence: The Department of Motor Vehicles requires a bill of sale to be presented for the registration of any newly acquired vehicle. Possible Related Products:Explore these related products on Amazon: | ||||
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