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A trailer bill of sale is an official document serving as proof of a trailer's sale and purchase. It should be used whenever a new or used trailer is bought or sold, which is defined as anything used to transport items, vehicles, boats, or equipment. This document is crucial for both parties: it provides the buyer with proof of the sale and protects against future claims, while safeguarding the seller from liability related to repairs or defects post-sale. The bill of sale must include the sale date, seller's and buyer's names and addresses, a description of the trailer (make, model, year, VIN), and the purchase price. An official template can be obtained for this purpose.