Bill Of Sale
December 07, 2013 | | Kris Tabetando | 0 Comment
A bill of sale is a legal document issued during an asset sale such as a website sale that states that the website has been transferred to the buyer in return for full payment from the seller.
In most simple website sale transactions, a bill of sale is rarely issued. The purchase agreement can include an exhibit to detail the assets sold and the purchase price allocation of each asset. In more complex transactions, a bill of sale is often requested by either the buyer or seller.
Author: Kris Tabetando
Kris Tabetando provides mergers & acquisitions (M&A) advisory and brokerage services to Internet companies. He also partners with investors to acquire & manage Internet businesses.
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