This form is a bill of sale of an automobile. The seller(s) guarantees that the automobile is his/her/their property and is free of all claims and offsets of any kind. The bill of sale also states that the automobile is sold "as-is" without any warranties, express or implied. A separate Odometer Disclosure Statement is included with the bill of sale.
Arkansas Federal Odometer Statement With Lien
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How to fill out Arkansas Bill Of Sale Of Automobile And Odometer Statement For As-Is Sale?
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What You'll Need to Do to Transfer your Vehicle Title in Arkansas Visit any DMV office near you. Obtain the vehicle title from the seller and sign and date as the ?buyer." Make sure the seller has also signed and dated the title and filled in the bill of sale and odometer sections, if required.
(c) In the case of a violation, the department shall terminate the suspension upon payment by the owner of the motor vehicle of a reinstatement fee of one hundred dollars ($100) and submission of proof of current insurance as verified through the online insurance verification system.
In order to get the title to transfer to the new owner you will need to following documents and information: Completed Arkansas title with the sellers and buyers names printed, signed and dated on all required areas. Vehicle Identification Number. Bill of sale. Proof of insurance. Federal odometer statement.
In Arkansas, the seller of a motor vehicle is required to file a federal odometer statement with the Arkansas Office of Motor Vehicle. The statement must be filed at the time of sale or transfer of ownership of a motor vehicle with a model year of 10 years old or newer.
How to Fill in the Vehicle Bill of Sale Section 1. Vehicle Identification Number (VIN) Section 2. Buyer's Name. ... Section 3. Seller's Information. ... Section 4. In an Individual ? Dealer/Seller's Name, Address, City, State, and Zip. Section 5. Purchase Date. Section 6. Description of Vehicle including. Make. ... Section 7.