Equipment Bill of Sale Defined
An equipment bill of sale is a form for selling any type of personal property used for a specific purpose. It includes the names of the buyer and seller, a description of the equipment, payment details, and the signatures of all parties involved.
“Equipment” is usually defined as heavy-duty tools and machinery used in excavation, transportation, or construction. However, anything that is used to accomplish a task can be categorized as equipment, such as football gear, garage tools, or medical instruments.
Can be used for selling:
- Construction / commercial equipment (most common)
- Heavy-duty tools
- Medical equipment
- Sports/hobby gear
Where to Sell Equipment
Large, expensive equipment is often sold in person, although all equipment can be advertised and shipped using an online sale or exchange platform.
Even if it is easier to sell and ship online, in-person communication and exchanges usually benefit both parties.
Sample
Download: PDF, Word (.docx), OpenDocument
EQUIPMENT BILL OF SALE
For goods and other consideration and in payment of the sum of $[AMOUNT], [SELLER NAME] of [ADDRESS] hereby sells and transfers to [BUYER NAME] of [ADDRESS]:
Description: [EQUIPMENT DESCRIPTION]
Make: [MAKE] Model: [MODEL] Year: [YEAR]
Serial No. [SERIAL NUMBER] Hours (if applicable): [HOURS]
The Buyer agrees to pay $[AMOUNT] (US Dollars) cash to the seller.
The date of the transfer of funds and the possession of the equipment shall occur on [MM/DD/YYYY]. Seller acknowledges that they have the full ownership rights and is legally allowed to sell the Equipment. In addition, the Seller is transferring the Equipment with no warranties and strictly in “as-is” condition. At this time, the Equipment is in operating condition.
Seller Signature: _______________________ Date: [MM/DD/YYYY]
Printed Name: [SELLER NAME]
Buyer Signature: _______________________ Date: [MM/DD/YYYY]
Printed Name: [BUYER NAME]