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The Az Contract Sale Arizona For Car you see on this page is a multi-usable legal template drafted by professional lawyers in compliance with federal and regional laws. For more than 25 years, US Legal Forms has provided individuals, businesses, and legal professionals with more than 85,000 verified, state-specific forms for any business and personal situation. It’s the quickest, easiest and most trustworthy way to obtain the documents you need, as the service guarantees bank-level data security and anti-malware protection.
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An Arizona motor vehicle bill of sale (ADOT Form 48-2004) is a legal document that transfers ownership of a motor vehicle from a seller to the buyer after the purchase price has been paid. A bill of sale is a basic agreement and sales receipt for both parties.
Is a Bill of Sale required for selling a car in Arizona? Legally, the Arizona DMV does not require private sellers to have a bill of sale, but most private sellers use one as a best practice. The Bill of Sale should be signed by both the buyer and seller.
An Arizona bill of sale allows for the ownership transfer of personal property. The document should include the identification of both parties (buyer and seller), purchase price, description of property, and the signature of a notary public (for vehicle transfers).
Notarization is not required on the Arizona title. The seller should make sure that the following information is completed on the title, before giving it to the buyer: Odometer Reading. Seller's Name (printed)
Selling Your Vehicle complete a sold notice on AZ MVD Now. sign off the back of the title. remove the license plate from the vehicle and contact MVD to transfer it to another vehicle you own, or destroy it. give the title to the buyer with any lien release, if applicable. within 30 days request a registration credit.