Financial agreements, loan documents, and promissory notes
A Bill of Sale is a legal document that transfers ownership of personal property from a seller to a buyer. It serves as proof of purchase and includes details about the item being sold, the purchase price, payment method, and the condition of the item. Bills of sale are commonly used for vehicles, equipment, and other valuable assets.
A Promissory Note is a written promise to pay a specific sum of money to a specified person or entity at a designated time or on demand. It serves as a legally binding document that outlines the terms of a loan, including the principal amount, interest rate, repayment schedule, and consequences of default.