West Virginia Business Bill of Sale
West Virginia requires a bill of sale in common situations, such as when the title does not show the purchase price. Fill in the form below and download a free, one-page West Virginia business bill of sale PDF that includes everything the West Virginia Division of Motor Vehicles looks for, matching the fields on DMV-7-TR. Nothing you type leaves your browser.
Seller
Buyer
Business details
Price and terms
How to sell a business in West Virginia
A business bill of sale transfers the tangible and intangible assets of a small business, such as equipment, inventory, furniture, the trade name, customer list and goodwill, from the seller to the buyer at closing. It is the document that goes with the purchase agreement and is what the buyer shows to banks, landlords and the state when the business changes hands.
Seller steps
- Confirm you hold clear title. If a lender is on the title, get the lien release before you list it.
- Agree on the price and fill in the West Virginia business bill of sale above with the buyer. Record the serial number.
- Sign it in front of a notary. West Virginia requires the notarized bill of sale for this kind of sale.
- Hand over any registration papers, manuals, receipts or health records that go with the business.
- Hand over the business and keep your signed copy of the bill of sale for your records.
Buyer steps
- Check the description against the business itself before you sign.
- Keep the signed bill of sale with your records; it is your proof of ownership and purchase price.
- If you bought it for a business, give the bill of sale to your bookkeeper for the asset record.
Before you sign
- Attach an inventory and equipment list as a schedule for anything beyond a one-line description.
- Say clearly whether the buyer assumes any debts, leases or contracts.
- Both parties sign in their capacity (owner, member, president) if an entity is involved.
- This is the bill of sale, not the purchase agreement. For a sale above a few thousand dollars, have a lawyer draft the purchase agreement and use this as the closing document.
Why a bill of sale matters for a business
- Transfers the assets at closing in one signed document.
- Lists exactly what is and is not included, which prevents post-sale fights.
- Needed to transfer the DBA, licenses, lease and utility accounts.
- Supports the buyer's asset basis for taxes and the seller's gain calculation.
Want both parties to walk away with a signed copy and a notary page ready? The $9 ready-to-sign pack adds them.
West Virginia at a glance
- Bill of sale
- Required in common cases
- Notary
- Notarization required
- Official state form
- DMV-7-TR
- Where the buyer registers
- West Virginia Division of Motor Vehicles (transportation.wv.gov/dmv)
- License plates
- Stay with seller
West Virginia's DMV-7-TR bill of sale for a motor vehicle, trailer or boat states that a notary is required and both parties must sign before the notary. It is used when the title does not show the purchase price or for title-exempt vehicles; gifts use the DMV-5-TR affidavit. Ownership does not change until the buyer is issued a title.
Checked October 2026 against the state's own guidance. Rules change; confirm before you file.
Other West Virginia forms
- West Virginia Vehicle Bill of Sale
- West Virginia Motorcycle Bill of Sale
- West Virginia Boat Bill of Sale
- West Virginia Trailer Bill of Sale
- West Virginia Firearm Bill of Sale
- West Virginia Mobile Home Bill of Sale
- West Virginia RV Bill of Sale
- West Virginia ATV / UTV Bill of Sale
- West Virginia Dirt Bike Bill of Sale
- West Virginia Golf Cart Bill of Sale
- West Virginia Jet Ski Bill of Sale
- West Virginia Snowmobile Bill of Sale
- West Virginia Scooter / Moped Bill of Sale
- West Virginia Equipment Bill of Sale
- West Virginia Tractor Bill of Sale
- West Virginia Horse Bill of Sale
- West Virginia Dog Bill of Sale
- West Virginia Livestock Bill of Sale
- West Virginia General Bill of Sale
Business Bill of Sale in other states
West Virginia business bill of sale questions
Is a bill of sale required to sell a business in West Virginia?+
West Virginia requires a bill of sale in common situations, such as when the title does not show the purchase price. West Virginia's DMV-7-TR bill of sale for a motor vehicle, trailer or boat states that a notary is required and both parties must sign before the notary. It is used when the title does not show the purchase price or for title-exempt vehicles; gifts use the DMV-5-TR affidavit. Ownership does not change until the buyer is issued a title. West Virginia publishes DMV-7-TR for this; the PDF from this page carries the same information and is accepted alongside it.
Does a West Virginia business bill of sale need to be notarized?+
West Virginia requires the bill of sale to be notarized in most private vehicle sales. The ready-to-sign pack includes a notary acknowledgment page formatted for West Virginia.
Does the buyer need to file a business bill of sale in West Virginia?+
No. Businesses are not titled or registered with the state, so there is nothing to file. The signed bill of sale is the ownership record; each party keeps a copy.
Is a business bill of sale the same as a purchase agreement?+
No. The purchase agreement sets the deal: price, terms, representations, non-compete. The bill of sale is the closing document that actually transfers the assets. Small deals sometimes use the bill of sale alone; larger ones should have both.
Does it transfer the LLC or corporation?+
No. This transfers assets. Selling the entity itself is a membership-interest or stock sale and needs different documents. Most small-business sales are asset sales.
Do I need to notify the state?+
Usually the DBA (assumed name) and any licenses or permits have to be reassigned or re-filed, and some states have bulk-sale notice rules. Check with the secretary of state and your accountant.