This is a Bill of Sale of Automobile Odometer Disclosure Statement Promissory Note package. It is for the situation where the Buyer may be making a downpayment and paying the balance over time.
This is a Bill of Sale of Automobile Odometer Disclosure Statement Promissory Note package. It is for the situation where the Buyer may be making a downpayment and paying the balance over time.
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The first step to dealing with an Arkansas Bill Of Sale For Car is to make sure that it is the most recent version, as this determines if it can be submitted.
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A Bill of Sale typically includes:The full names and contact information of the buyer and seller.A statement that transfers ownership of the item from the seller to the buyer.A complete description of the item being purchased.A clause indicating the item is sold "as-is"The item's price (including sales tax)More items...
On this form, you enter basic vehicle information like the year, make, and model plus the odometer reading, the purchase price, and signatures from both the buyer and the seller. While a bill of sale isn't required for every private party vehicle sale in Arkansas, it's always a good idea to have one.
Complete, sign, and date the Arkansas vehicle title as the seller Provide the buyer with an Official Release of Lien or Permission to Issue a Replacement Title (Form 10-315) and all other applicable documents. Provide an Odometer Disclosure Statement (Form 10-313) IF the vehicle is less than 20 years old.
Documents you need to sell your carProof of Ownership. A Proof of Ownership is a valid legal document that must be presented when selling your car.Notification of Change of Ownership.Application for Registration of Motor Vehicle.Vehicle Registration Certificate.Service history.
When you buy or sell a motor vehicle, you'll need a Bill of Sale. This serves as a legal receipt from the seller to the buyer documenting both the change in ownership and the purchase price.