An Ohio Bill of Sale is a legal document you need to fill out when selling or purchasing any items in the state of Ohio. The main purpose of this document is to establish the transfer of the goods between two parties and all the important information about the transaction. Even when it is not legally required, a bill of sale is still a very useful certificate. It is crucial for both the seller and the buyer when it comes to filing tax reports. Demonstrating this document, the buyers can prove they are the new legal owners of the sold items, while the seller uses the bill of sale as evidence that released the ex-owner from any responsibility for the transferred property.
Traditionally, a Bill of Sale in Ohio is subdivided into the following types:
Except for the government-issued form that is needed to sell vessels, Ohio does not have any mandatory requirements for the bill of sale form. However, it is always a good idea to create a bill of sale as it will serve as a material proof of the deal. It is a receipt of purchase for the buyer and official evidence of ownership for the seller. The document becomes valid if it contains all the essential details about the deal. You should include the following information in your Ohio Bill of Sale:
Prepare the document in two original copies - each party keeps one. Ohio Bills of Sale do not require notary public certification, but if you think you need more protection for your transaction, you can add an extra section for notarization. Instead of a notary, you are allowed to find two witnesses who sign the document as well.