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A Bill of Sale acts as your receipt when you sell a vehicle. While Arizona doesn't require one, the state does provide form 48-2004 you can mostly fill out online and then bring with you when you make the transaction, although more comprehensive forms are available from third parties.
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: Seller's Name (printed) Dealer Number (only if applicable)
A bill of sale is a basic agreement and sales receipt for both parties. It will also be required to register the vehicle registration and must be signed by the seller in the presence of a notary public. Signing Requirements ? Seller must sign in the presence of a notary public or MVD agent.
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.
Transferring a Title and Registration A completed, signed Title and Registration Application. A signed vehicle title. A lien release, if applicable. All applicable title and registration fees. Any other documents that apply (e.g, original or certified copy of power of attorney, personal representative papers, etc.)
The agreement details the purchase price to be paid to the seller, the buyer's finance details, and the closing date for the sale. Buyers typically pay "earnest money" to a seller. Earnest money is essentially a deposit that shows that they are serious about the sale.
Buying from Private Sellers The seller must provide the vehicle title signed and notarized. The buyer must complete an Arizona Title and Registration Application and pay the necessary fees and vehicle license tax. If there is a lien recorded on the vehicle title, the seller must provide a lien release form.