A bill of sale is a legal document that memorializes the sale of an item, typically one of great value. This includes personal property such as laptops, furniture, jewelry, and equipment.
However, this contract is often used for the sales of a car, motorcycle, or other vehicle between two parties — a seller and a purchaser. With a car bill of sale, the seller agrees to transfer ownership of an automobile to the purchaser in exchange for a certain amount of money.
Bill of laws vary by state. So, you need to download the bill of sale form specific to Iowa.
