Get AL Bill of Sale

A bill of sale is like a receipt. It proves that ownership of a particular piece of property has changed hands. It also details the terms of the sale, including information about price, delivery, and condition. Bills of sale can help to prove the identity of a vehicle's true legal owner.

A bill of sale should at a minimum include information identifying the parties to the transaction (the buyer and seller), the total purchase price, and a specific description of the item that was sold. ... Bills of sale for motor vehicles should include an "Odometer Disclosure Statement."

Include the Vehicle Identification Number. ... Include the Year, Model and Make of the Vehicle. ... Include the Odometer Mileage Reading. ... Include the License Plate Number (in Some states) ... Include the Motorcycle Engine # (if the Vehicle Is a Motorcycle) Clearly Print the Name of the Buyer(s) and the Seller(s)

Every state in the United States requires that a seller of a vehicle issue a bill of sale to the buyer. Six states actually require that a bill of sale be notarized before it can be used to transfer the title of a vehicle.

A standard bill of sale is used when buying/selling a vehicle in a private sale. It contains information about the buyer, seller and vehicle and must be used in order to transfer ownership of the vehicle.

A bill of sale is like a receipt. It proves that ownership of a particular piece of property has changed hands. It also details the terms of the sale, including information about price, delivery, and condition. Bills of sale can help to prove the identity of a vehicle's true legal owner.

A bill of sale has been defined as a legal document made by the seller to a purchaser, reporting that on a specific date at a specific locality and for a particular sum of money or other value received, the seller sold to the purchaser a specific item of personal property, or parcel of real property of which he had ...

Bill of Sale Law and Legal Definition. A bill of sale is a document that transfers ownership of an asset from a seller to the buyer, a basic agreement for sale of goods, and a sales receipt. ... Guarantee from the seller that the item is free from all claims and offsets.

A bill of sale is basically proof that you legally bought the vehicle. It acts as a kind of contract to transfer ownership of the car to you. Your local DMV should carry a bill of sale forms that you can use while some states also accept a generic bill of sale forms.

A vehicle bill of sale is not required in all states. ... Keep in mind, however, that a bill of sale does not prove ownership only a title transfer does that. A bill of sale is only a record that a sales transaction occurred between two parties.

In fact, many people refer to the document as a 'bill of sale contract'. In most cases, the contract is legally binding between buyer and seller as long as the bill of sale follows guidelines required in the state where the sale or transfer takes place.

#1: Communication is Key. You are going to need to be in contact with the DMV and the seller quite frequently. ... #2: Get a Bill of Sale. ... #3: Make Sure it's Not Hot. ... #4: Check for a Lien. ... #5: Purchase a Lost Title Bond. ... #6: Contact Your Local DMV.

When writing a bill of sale, be sure to include: The seller's name and address. The buyer's name and address. A description of the item being sold, including serial numbers, identification numbers, make, model, size, color, design, any distinguishing marks, features or faults [source: Cooper].

When writing a bill of sale, be sure to include: The seller's name and address. The buyer's name and address. A description of the item being sold, including serial numbers, identification numbers, make, model, size, color, design, any distinguishing marks, features or faults [source: Cooper].

The date of the sale. A description of the car, including its: Year, make and model. ... The selling price of the car. If the car is a gift or partial gift, you should still create a bill of sale. ... Warranty information. ... The full names, addresses and signatures of the buyer and seller.