This forms package contains a Bill of Sale, Odometer Statement and Promissory Note. It is for the situation where the Buyer may be making a downpayment and paying the balance over time.
This forms package contains a Bill of Sale, Odometer Statement and Promissory Note. It is for the situation where the Buyer may be making a downpayment and paying the balance over time.
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The State of Colorado requires a notarized bill of sale or a bill of sale signed under penalty of perjury in order to transfer title or to issue a temporary permit.
THE BUYER MUST HAVE A BILL OF SALE SIGNED BY THE BUYER AND SELLER THAT INDICATES THE DATE AND TIME OF PURCHASE. THE BUYER MUST ALSO BE ABLE TO PROVIDE PROOF OF COLORADO AUTO INSURANCE.
All titled owners listed on the front of the title must sign in the designated Seller's Signature area. The signature of one buyer must be entered in the Buyer's Signature area to acknowledge the odometer reading. The Purchase Date and Purchase Price must always be entered in the appropriate area on the title.
While it is common to present a bill of sale in a digital format, you can also create this type of contractual agreement as a handwritten document on paper.
When purchasing a vehicle from a private party, the following paperwork is required: A title, properly transferred from seller to buyer. If title is with a lien holder, a bill of sale, insurance on the new vehicle, and proof of ownership from previous owner will allow you to receive a temporary registration/tag.