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If you are selling your car in Washington, you will need a clean title and a bill of sale. A clean title means it must be legible and intact, with no rips or tears, and you must not have a lien on the vehicle. If you still owe money on your car loan, that doesn't mean you are out of luck.
Documents Required to Sell a Business Depending on the type of business you are selling, you may need an Entity Sale Agreement or an Asset Sales Agreement. Furthermore, if you are financing part of the purchase price, you may need a Security Agreement for Asset Sale, a UCC Financing Statement and a Promissory Note.
How do I normally get proof of vehicle ownership? A vehicle's buyer and seller must both turn paperwork in to the Washington Department of Licensing (DOL) within five days of the vehicle's sale. The seller signs over the title to you. The DOL then issues you a new title.
It will include the terms of the transaction (i.e. property description, purchase price, date of sale, etc.), and after signing, the sale becomes final. The seller will commonly include title to the property, such as a certificate of title for motor vehicles.
Forms are available online at dol.wa.gov or at any vehicle licensing office.
Parts of a Business Sale Agreement Parties. The names and locations of the buyer and seller will be clearly stated in the first paragraph or two of the contract. ... Assets. The agreement will detail the specific assets being transferred. ... Liabilities. ... Terms. ... Disclosures. ... Disputes. ... Notifications. ... Signatures.
THE DESCRIBED PROPERTY IS SOLD "AS-IS" WITHOUT ANY WARRANTIES, EXPRESS OR IMPLIED, AS TO THE CONDITION OF SUCH PROPERTY . BY ACCEPTING THIS BILL OF SALE, BUYER(S) REPRESENT THAT BUYER(S) HAVE PERSONALLY INSPECTED THE DESCRIBED PROPERTY AND ACCEPTS THE PROPERTY "AS-IS".
Because the state of Washington requires a bill of sale to register a vehicle or vessel, you should fill out the document in triplicate: one each for the buyer, the seller, and the DOL. Otherwise, one copy for the buyer and one copy for the seller should be sufficient.