This Bill of Sale of Automobile contains the following information: the make/model of the car, VIN number and other information. Seller guarantees that the property is his/her own and is free of all claims and offsets of any kind. The form also contains the Odometer Disclosure Statement required by Federal Law and State Law, where applicable, which must be signed in the presence of a notary public.
Alabama Auto Bill Of Sale With Lien Holder
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How to fill out Alabama Bill Of Sale Of Automobile And Odometer Statement?
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However, most Alabama bills of sale must feature the following criteria:The names and contact information (no P.O.The vehicle identification number or VIN.The make, model, and year of the vehicle.The series number and body type.The odometer reading.The buyer's signature.The seller's notarized seller.The sales date.More items...
In addition, the bill of sale, invoice or other sales document must be a document for the conveyance or transfer of ownership of a motor vehicle not subject to the Alabama Certificate of Title and Antitheft Act.
If there is a lien on the title, the lienholder must release interest in the vehicle before the car is sold. This can be achieved either by the seller paying off the car or by the lienholder providing a letter of lien release. Alabama has an official lien release form for this purpose, Form MVT 5-63.
If you have a title, you can reassign ownership on the title itself. A bill of sale won't be required for this. But if no title is available, you must have a bill of sale. You'll also require a bill of sale to register the vehicle.
A bill of sale won't be required for this. But if no title is available, you must have a bill of sale. You'll also require a bill of sale to register the vehicle. Do note that each county has its own requirements for a bill of sale, as there are no formal bill of sale requirements covering all of Alabama.
