Bill of Sale in Connection with Sale of Business by Individual or Corporate Seller - Kansas 2026

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No, a bill of sale typically does not need to be docHubd by both parties. In most cases, only the sellers notarization is required. However, it is good practice for both parties to keep docHubd copies for their records.
The short answer is that both the buyer and seller should retain the bill of sale for their records. This document protects everyone involved should any disagreements arise in the future. Typically, the buyer should keep the original and the seller should keep a copy.
To make a legally binding bill of sale, you must follow state laws and include specific information like the buyers name, sellers name, contact information, description of the item, sale price, date of the sale, sellers signature, and in some cases, the buyers signature.

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