Bill Of Sale Virginia With Notary

State:
Virginia
Control #:
VA-00431-C
Format:
Word; 
Rich Text
Instant download

Description

The Bill of Sale Virginia with Notary is a crucial legal document used during the sale of a motor vehicle in the state of Virginia. This form includes essential details such as the purchase price, vehicle specifications, and the identities of the buyer and seller. Notably, it requires notarization to authenticate the transaction, adding a layer of security and legitimacy. Users must fill in the vehicle's make, model, VIN, and year, along with the seller's guarantee that the vehicle is free of claims. It serves as a legal safeguard for both parties by affirming ownership and ensuring the vehicle is encumbrance-free. Attorneys, partners, and legal assistants will find this form beneficial for facilitating client transactions, ensuring compliance with state laws, and leveraging it in potential disputes. Paralegals can assist in the form's preparation and notarization process while ensuring accuracy and completeness. This form is ideal for those involved in vehicle sales, protecting both buyers and sellers through clear, documented agreements.
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  • Preview Bill of Sale for Automobile or Vehicle including Odometer Statement and Promissory Note
  • Preview Bill of Sale for Automobile or Vehicle including Odometer Statement and Promissory Note
  • Preview Bill of Sale for Automobile or Vehicle including Odometer Statement and Promissory Note

How to fill out Virginia Bill Of Sale For Automobile Or Vehicle Including Odometer Statement And Promissory Note?

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FAQ

Many sellers and buyers notarize the Bill of Sale. If the vehicle is 5 years old or less and the sales price is more than $1,500 below the Blue Book trade-in value, you'll need to fill out an Affidavit of Vehicle Purchase Price, form SUT 1A. This form must be notarized.

Bills of sale in Virginia, which can be drafted by hand if necessary, do not need to be notarized. However, each document should feature the following information in order to serve its purpose: The names, contact information, and signatures of the buyer and seller.

Bills of sale in Virginia, which can be drafted by hand if necessary, do not need to be notarized. However, each document should feature the following information in order to serve its purpose: The names, contact information, and signatures of the buyer and seller. A full description of the vehicle.

How Do I Write a Virginia Bill of Sale?The parties' legal names (printed)The date of the bill of sale.Certain descriptive information about the item being sold.The amount the item is being sold for.The signatures of both parties.

The bill of sale can be a handwritten statement signed by the seller and purchaser or a Vehicle Price Certification (Bill of Sale) (SUT 1) signed by the seller or purchaser. Vehicles that have been owned for 12 months or more do not need proof of the purchase price.

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Bill Of Sale Virginia With Notary