Hawaii Bill Of Sale With Deposit

State:
Hawaii
Control #:
HI-00431B
Format:
Word; 
Rich Text
Instant download

Description

The Hawaii bill of sale with deposit is a formal document used to facilitate the sale of a motor vehicle, ensuring both parties have a clear understanding of the terms of the transaction. This form captures essential details such as the buyer and seller's names, vehicle specifications (make, model, VIN), and the sale price, including any deposits. Notably, it includes a clause stating that the vehicle is sold 'as-is,' which releases the seller from warranty obligations regarding the vehicle's condition. The form requires signatures from both the seller and buyer, as well as a notary public, which adds a layer of legal authentication. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this form beneficial in various scenarios, including private vehicle sales, dealership transactions, or transfers involving financial institutions. It helps to protect both parties by ensuring that all necessary legal frameworks are adhered to. The form allows ease of use for individuals with varying legal experience, providing clear instructions for completing and filing. Accurate filling out of the odometer disclosure section is also mandated, protecting both parties from potential legal repercussions related to false mileage reporting.
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  • Preview Bill of Sale of Automobile and Odometer Statement for As-Is Sale
  • Preview Bill of Sale of Automobile and Odometer Statement for As-Is Sale

How to fill out Hawaii Bill Of Sale Of Automobile And Odometer Statement For As-Is Sale?

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FAQ

How Do I Write a Hawaii Bill of Sale?Their full legal name (printed)Their physical address (including city, state, and zip code)The date of the bill of sale.The driver's license number of each party.Specific information about the item being sold.

Include that the deposit is being left for a specific vehicle include its year, make and model and the vehicle identification number (VIN). Include how long the deposit is good for, the remaining amount due and whether or not it is refundable.

For most private party car sales in Hawaii, a bill of sale is not required. However, if you're selling a car that is not titled in your name in Honolulu county, then a notarized bill of sale is required.

A deposit receipt should have the buyer's information, the seller's information, the vehicle information, the deposit amount plus the total purchase amount of the vehicle, and both the current date and the date upon which the buyer must return to make the full payment and/or sign a purchase agreement.

Placing money down or a deposit on a vehicle is a promise that you are going to purchase it. It is also a promise of the seller to hold the vehicle until you finalize the purchase. Most deposits or money down are not refundable unless stated otherwise.

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Hawaii Bill Of Sale With Deposit