Actual asset is land and whatever attached to it like structures or vegetation. Private assets usually comprise all. The bill of sale of personal property gives information about the property which includes rights that are imperceptible, like accounts receivable or intellectual property like trademark and patents. The bill of sale also includes portable asset containing items like furniture, computer, electrical appliances etc. The document also gives information that handovers possession of possession of asset from a seller to buyer. This form can aid as a simple contract for sale of possessions or belongings. |