Why Do I Need a Vehicle Bill of Sale?
The importance of a vehicle bill of sale is not to be underrated. When you are purchasing or selling a vehicle privately, you need a vehicle bill of sale to confirm the item has been conveyed to the new proprietor in line with the law. The form’s aim is quite similar to that of a receipt. Such procedures as receiving car insurance, vehicle registration, and paying required taxes in the USA generally involve using a bill of sale. Let us find out more facts about this document.
A vehicle bill of sale is considered a written legal agreement used to convey the ownership of a vehicle, such as a vessel, boat, car, etc., to a different person. Plus, in many US states, it is necessary to have a vehicle registered at the DMV (Department of Motor Vehicles). A signed and properly completed bill of sale demonstrates that the buyer now owns the item and that the seller has received a certain amount of money in return for it.
A car bill of sale usually includes:
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The full description of the vehicle that is being sold;
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The names and contact data of the seller and purchaser;
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The price of the item being bought (considering sales taxes);
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The method of payment;
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A special statement transmitting ownership of the vehicle from the trader to the purchaser.
A bill of sale serves as a means of protection for both parties involved in its completion should they happen to disagree over the details of ownership and the condition of the item in question in the future.
The explicit description of the vehicle’s state is also included in a bill of sale. This disables either of the agreement parties from claiming refunds or disputing any damage inflicted to the vehicle after the document is signed. In other words, when the buyer of the vehicle gets in a car accident or receives a fine, the seller, using the bill of sale, can prove the vehicle had been transferred and avoid possible legal issues.
While the vehicle bill of sale is proof that the item’s transaction has been made, to prove ownership of a vehicle, you will need the vehicle’s Certificate of Title, which should be transferred during the deal.
Summing up, the vehicle bill of sale is an essential legal instrument used when transferring a vehicle’s ownership to the buyer from the seller. In most states, the document is required as proof that such a deal has taken place. The paperwork, adequately built and signed, is legal protection for both parties of the deal. It is of utmost importance for the deals taking place in the private vehicle market and those involving used motor vehicles.
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Alabama Auto Bill of Sale Make use of this Alabama vehicle bill of sale template to convey possession of a vehicle from one individual to another. |
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Alaska Auto Bill of Sale In case you want to sell your motor vehicle in Alaska, you will definitely need a bill of sale to complete the paperwork for the purchase. |
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Arkansas Auto Bill of Sale If you're planning to sell your vehicle in Arkansas, you'll definitely need to fill out a bill of sale quickly and easily. |
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Colorado Auto Bill of Sale In case you're planning to sell your vehicle in Colorado, you may need to write a bill of sale quickly and easily. |
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Connecticut Auto Bill of Sale Use this specific form between a buyer and seller for the exchange of a motor vehicle for cash, trade-in, or both in Connecticut.
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Florida Auto Bill of Sale In case you think about selling your motor vehicle in Florida, you'll need a bill of sale to finalize the documents for the deal. |
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Hawaii Auto Bill of Sale Hawaii vehicle bill of sale is needed to transfer the ownership of a motor vehicle from an owner to a buyer. |
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Idaho Auto Bill of Sale Use this Idaho automobile bill of sale form to pass ownership of a car from one person to another. |
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Illinois Auto Bill of Sale Lots of states, for example, Illinois, need a proper auto bill of sale in order to register the motor vehicle or pass its title. |
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Iowa Auto Bill of Sale Iowa car bill of sale is used to pass the possession of a automobile from an owner to a buyer. |
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Kansas Auto Bill of Sale A lot of states, such as Kansas, demand a valid automobile bill of sale before you register the car or transfer its title. |
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Kentucky Auto Bill of Sale Use this specific template between a buyer and seller for the exchange of a vehicle for money, trade-in, or both in Kentucky. |
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Louisiana Auto Bill of Sale Some states, for example, Louisiana, require a filled out car bill of sale before you register the car or transfer its title. |
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Michigan Auto Bill of Sale Use this Michigan automobile bill of sale document to transfer possession of an automobile from one individual to another. |
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Minnesota Auto Bill of Sale Make use of this specific form between a seller and buyer for the exchange of a motor vehicle for cash, trade-in, or both of those in Minnesota. |
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Mississippi Auto Bill of Sale Numerous states, including Mississippi, demand a properly filled out automobile bill of sale so that you can register the car or transfer its title. |
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Missouri Auto Bill of Sale Quite a few states, like Missouri, require a proper auto bill of sale in order to register the car or transfer its title. |
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Montana Auto Bill of Sale In case you want to sell your motor vehicle in Montana, you'll want to have a bill of sale to finish the documents for the transaction. |
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Nebraska Auto Bill of Sale Many states, like Nebraska, demand a completed car bill of sale before you can register the motor vehicle or transfer its ownership. |
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Nevada Auto Bill of Sale Use this drafted form between a seller and buyer for the exchange of a car for cash, trade, or both of those in Nevada. |
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New York Auto Bill of Sale If you're planning to sell your motorized vehicle in New York, you might need a bill of sale to complete the papers for the transaction. |
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North Carolina Auto Bill of Sale Use this specific form between a seller and buyer for the exchange of an automobile for cash, trade, or both in North Carolina. |
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North Dakota Auto Bill of Sale Lots of states, including North Dakota, need a completed car bill of sale if you want to register the car or transfer its ownership. |
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Ohio Auto Bill of Sale Make use of this Ohio car bill of sale document to pass possession of a vehicle from one person to another. |
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Oklahoma Auto Bill of Sale Plenty of states, for example, Oklahoma, need a completed motor vehicle bill of sale if you want to register the motor vehicle or transfer its ownership. |
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Oregon Auto Bill of Sale Oregon motor vehicle bill of sale is commonly used to pass the ownership of a car from an owner to a buyer. |
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Pennsylvania Auto Bill of Sale Make use of this specific form between a buyer and seller for the exchange of a car for cash, trade-in, or both in Pennsylvania. |
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Rhode Island Auto Bill of Sale Use this drafted contract between a seller and buyer for the exchange of a vehicle for cash, trade, or both in Rhode Island. |
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South Carolina Auto Bill of Sale Make use of this South Carolina motor vehicle bill of sale template to convey possession of a motor vehicle from one individual to another. |
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Texas Auto Bill of Sale Texas motor vehicle bill of sale can be used to convey the ownership of a motor vehicle from an owner to a buyer. |
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Utah Auto Bill of Sale Lots of states, for example, Utah, demand a proper motor vehicle bill of sale before you register the motor vehicle or transfer its ownership. |
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Virginia Auto Bill of Sale If you want to sell your automobile in Virginia, you might want to get a bill of sale to finalize the papers for the deal. |
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Washington Auto Bill of Sale If you're planning to sell your motor vehicle in Washington, you'll definitely a bill of sale to get through the paperwork for the transaction. |
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Wisconsin Auto Bill of Sale In case you are selling your automobile in Wisconsin, you will definitely need to draft a bill of sale quickly. |
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Wyoming Auto Bill of Sale If you think about selling your automobile in Wyoming, you'll need to create a bill of sale quickly and easily. |
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Make sure you are rights are protected with a secured car bill of sale. Our forms are easy to use. Sample blank template example is also available for previewing. Available for immediate download and printable.
It is very likely that a homemade or unprofessional used auto bill of sale can be thrown out by a court of law or not accepted by the DMV, so it is prudent to have a professional document in order to protect your rights and to save yourself the hassle.
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