Equipment bill of sale is something that you will most probably require while selling out any kind of equipment to any individual. Here in the article, we shall provide the printable template of this bill to all our readers. They can use the template to draft the full-fledged equipment bill of sale for themselves.
Printable Equipment Bill of Sale Form
The equipment bill of sale is general in its nature which means you can draft this bill while selling out any kind of office equipment. Here below are some standard articles that fall in the category of equipment.
- All kinds of fixtures, machinery, and office tools such as desktops, benches, furniture, etc.
- Entertainment systems such as tv, music system, etc.
- Kitchen stuff that is readily usable in the households.
- Other household items such as ladders, toolsets, and the list go on.
How to Use the Equipment Bill of Sale in an Appropriate Manner?
Well, it’s mandatory both for the buyer and seller to produce the bill of sale for equipment. It’s because the bill of sale records as the fact of genuine sale of the concerned equipment. Here below are some tips both for the buyer and sellers to use this equipment bill of sale in a useful manner.
Step 1 – Authenticate the Bill of Sale
This is the very first thing that the buyer should ensure before buying the equipment from the seller. The buyer should cross-check the authentication of the bill by contacting the manufacturer of the equipment. The buyer can also match the serial number of the equipment with the company’s serial number. It will just assure the buyer regarding the authenticity of the equipment.
Step 2 – Inspect the Condition & Functioning of Equipment
Both the buyer and seller should go through this stage before the sale of the equipment. They should check out the condition of the equipment and figure out its working state as well. If there is any kind of fault in the equipment then the seller should fix it before the final sale.
Step 3 – Negotiate the Price & Execute the Sell
Both the buyer and seller need to agree on the final price of the equipment for the final sale. Once they both agree on the mutual price point then they need to fill the equipment bill of sale form. This bill will generally require the following details regarding the sale of equipment.
- Name of Equipment
- Manufacturing Date/Model
- Year of Buying the Equipment
- Final Purchase Price
- Serial Number
- Seller/Buyer Names
- Signature of Buyer/Seller
Equipment Bill of Sale Template
How to Draft/Write the Equipment Bill of Sale?
Well, this is the most technical part of the equipment bill of sale but you can easily do it with our guide. Here below are simple steps to write an equipment bill of sale from very scratch.
Step 1 – Mention the Parties in the Bill
Here you simply need to introduce the parties in the sale of equipment. It obviously includes the buyer/seller so you have to write their names in the respective heads.
Step 2 – Provide the Description of the Equipment
Here we need to provide a brief description of the equipment for the identification purpose. The description will provide all the technical and basic information about the equipment. It includes the model of the equipment, production year, serial number, final price, warranty, etc.
Step 3 – Wrap Up the Bill with Signature of the Parties
This is the last stage of filling the equipment bill of sale so as to execute the final sale. Here the seller/buyer has to mutually agree on the sale/purchase of the equipment. They acknowledge this fact by signing the bill respectively with their genuine names. The signature of the witness is also advisable since it adds credibility to the bill of sale.
Bill of Sale Equipment
So, with this, you will be able to wrap up the equipment bill of sale successfully and conveniently. The buyer can subsequently get possession of the equipment after paying its price to the seller.