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the bicycle bill of sale is a document that will prove the legal purchase and sale of a bicycle between a seller and a buyer and the proof of the change of ownership the document will provide information regarding the identification of the bicycle the cost of the sale and the signatures acknowledging the sale between the parties what are the benefits of using a bicycle bill of sale a bicycle bill of sale is important for a number of reasons it provides record and proof of ownership helps trace back the history of the bike in case it was stolen it offers a sense of security that can protect the buyer or the seller in the event that the bike was stolen or used in an illegal activity prior to or after the transaction a bicycle will of sale will include the date of the sale the buyers name and address the sellers name and address the bikes information such as make model year serial number color sale amount the buyers signature print name and date the seller signature print name and date th