The purpose of creating a BoS is so the buyer and seller both understand the terms of the sale, such as how much money is changing hands and what property is being transferred.
It is not appropriate to use this type of form when selling services, as a service agreement should be used instead in these situations. This type of document is typically used when the ownership of any kind of vehicle changes hands including:Ī BoS form can also be used for other goods besides vehicles as well, such as for electronics, personal property, firearms or animals. A vehicle bill of sale is a form or document that formalizes the transfer of ownership from a seller to a buyer.