The Bike Sale Receipt is a crucial document used in Malaysia to formalize and document the sale and transfer of ownership of bicycles or motorized bikes. This document is essential for both private sales and business transactions, providing legal protection under Malaysian law, particularly the Sale of Goods Act 1957 and Consumer Protection Act 1999. The receipt should be used whenever a bike changes ownership, whether through private sale, retail purchase, or business-to-business transaction. It includes vital information such as party details, bike specifications, price, payment confirmation, condition statement, and ownership transfer declaration. For motorized bikes, additional information regarding registration and compliance with the Road Transport Act 1987 may be required. The document serves multiple purposes: proof of ownership, evidence of transaction, warranty reference, and legal protection for both parties involved in the sale.

1. Receipt Header: Contains receipt number, date, and place of transaction

2. Seller Details: Full name, address, and contact information of the seller

3. Buyer Details: Full name, address, and contact information of the buyer

4. Bike Description: Detailed description of the bicycle including make, model, color, frame number, and any distinguishing features

5. Transaction Details: Purchase price, payment method, and confirmation of payment received

6. Condition Statement: Description of the bike's condition at time of sale and any known defects

7. Transfer Declaration: Statement confirming transfer of ownership from seller to buyer

8. Signatures: Space for both parties to sign and date the receipt