The Michigan General Bill of Sale is a legal document that is generally used to prove a legal sale and purchase of personal item(s) between two private parties. It will provide all required information as well, it will require notarization.
How to Write
Step 1 – Seller and Buyer Information – Enter the following:
- The Seller –
- Name
- Driver’s License Number
- Physical Address
- City
- State
- AND
- The Buyer –
- Name
- Driver’s License Number
- Physical Address
- City
- State
Step 2 – Property Details – Provide as many of the details of the property being sold and purchased as possible in the lines provided:
- Details (description)
- Serial Number (SN) (if any)
Step 3 – Trade/Purchase Price – Check all applicable boxes that and offer additional information if required:
- Check if the seller will be accepting monetary payment only – Enter the dollar amount in words
- Enter the dollar amount in numbers
- Check if the date when the parties have agreed that payment will be made, specify the date in mm/dd/yyyy format
- Specify the date in which the document will be known as in mm/dd/yyyy format
- Check the box if parties have agreed that payment will be made at a later date, enter that date mm/dd/yyyy format
- Other – If other negotiations have been agreed to by the seller and buyer, describe the new agreement
- Checking this box will indicate that no money will be exchanged but the item(s) are being provided as a gift to the “buyer”
- The final box will address and agree to trade. Provide a brief description of the conditions of the trade
Step 4 – Seller’s Disclosure – The seller must read all of the statements in this section and provide information regarding any known defects in the property
- If all signatories are present before a notary public and have been identified the seller is advised to proceed to sign in agreement to the statement after recording any defect (if any)
Step 5 – Signatures – If all signatories are present before a notary public then all parties must provide the following:
- The Seller –
- Signature
- Printed Name
- AND
- The Buyer –
- Signature
- Printed Name
- AND
- The Witness –
- Signature
- Printed Name
Step 6 – Notarization – When the notary has had an opportunity to witness and identify all signatures, She/he will then complete the remainder of the form, also affixing their state seal as required.
- Make copies of the completed document to provide to all who signed, for their records
- Give the original copy to the buyer