Bill Of Sale Ohio With Odometer Disclosure

Category:
State:
Ohio
Control #:
OH-01-06
Format:
Word; 
Rich Text
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Description

The Bill of Sale Ohio with Odometer Disclosure is an essential legal document utilized when selling or purchasing a vehicle in Ohio. This form includes an odometer disclosure statement, ensuring that the seller accurately reports the vehicle's mileage at the time of sale, which helps prevent fraud. Key features of this form include sections for the seller and buyer's details, a description of the vehicle, the purchase price, and a clear disclaimer that there are no warranties either expressed or implied regarding the vehicle's condition. When filling out the form, both parties must provide accurate information and sign in the designated areas to make it official. This form serves a variety of purposes for different legal professionals. Attorneys and paralegals benefit from understanding the documentation needed for vehicle transactions, while owners, partners, and associates may need it for compliance during sales. Legal assistants can utilize this form to guide clients through the selling or purchasing process effectively, ensuring that they understand the implications of the 'as-is' condition sale.

How to fill out Ohio Bill Of Sale For Conveyance Of Horse - Horse Equine Forms?

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Bill of Sale

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FAQ

Actual mileage means that the vehicles mileage is correct. Not actual mileage means that odometer is broken, has been replaced or the owner isn't aware of the correct mileage.

How Do I Write an Ohio Bill of Sale?Their printed names.The date of the bill of sale.Certain information about the item being sold by the buyer to the seller.The amount the item was sold for.The signatures of both parties involved.

In Ohio, a bill of sale is recommended to transfer ownership of a motor vehicle or boat. You can use a template provided by the State of Ohio or you can draft your own. If you decide to write your own bill of sale, you should understand the requirements you must meet in Ohio.

OHIO DEPARTMENT OF PUBLIC SAFETY. BUREAU OF MOTOR VEHICLES. ODOMETER DISCLOSURE STATEMENT. Federal law (and State law), if applicable) requires that you state the mileage upon transfer of ownership. Failure to complete or providing a false statement may result in fines and/or imprisonment.

If a person sells a salvage vehicle in Ohio, the seller must inform the buyer of its title in writing. The buyer and seller must also sign a bill of sale and have it notarized. This is to protect buyers from unknowingly buying a vehicle that is unlikely to be fully insurable and may be dangerous.

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Bill Of Sale Ohio With Odometer Disclosure