The Arkansas Generic Bill of Sale is a document outlining the details of a transaction that a seller and a buyer have entered. Basically, this paper acts as a record of information on the deal - at a minimum, it contains the names and the addresses of both parties, the description of the goods, the date and the location of the sale, the warranty clause, and the purchase price. It is necessary because most transactions may involve a lot of money because sold items are expensive - and the forms actually provide you with much-needed proof that the deal took place. This document - in certain cases, with the registration of the purchased item - is enough to prove your ownership.
If you wish to have proof of any sale and purchase you are a party to (which is never a mistake!) you can build your own Generic Bill of Sale with the help of our customizable online template or download a ready-made one below. These forms can be used for any personal property and modified to suit the specifics of a certain transaction.