This form is a simple model for a bill of sale for personal property used in connection with a business enterprise. Adapt to fit your circumstances.
Bill Personal Property Form For Sale In New York
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Please note that if it's an out-of-state original certificate of title and not a NY one, the transfer section must be notarized if the proof of ownership is a Certificate of Title from Alaska, Arizona, Hawaii, Kentucky Louisiana, Mississippi, Montana, Nevada, North Carolina, Ohio, Oklahoma, Pennsylvania, Washington, ...
Your bill of sale form should include the “as-is” language and that the buyer accepts the item in its current condition. The as-is section should also state that the seller transfers the property “without any guarantees or warranties of any kind, express or implied.”
In New York, even if the vehicle is owned by two owners only one of the owners is required to sign the title in order to transfer ownership. The transfer section must be notarized if the proof of ownership is a Certificate of Title from a few select states.
Many states don't mandate notarization for bills of sale. States like California, Texas, Florida, Ohio, and New York allow transactions without a notarized document. In these states, a signed bill of sale is often sufficient for legal purposes, provided it includes all required information.
Get a CARFAX report before you do the deal. Get positive ID from the seller. Take a picture of the driver's license, and I like to get a picture of the seller, though some will balk at this. Make the deal happen at a public place. If you need papers notarized, a notary's office is good.
Fill out a Statement of Transaction: The buyer and the seller must fill out a Statement of Transaction form DTF-802. This is then submitted to the New York DMV where sales tax is calculated and collected from the buyer.
Transferring a Used Car Title In New York The seller and buyer meet in person. The buyer pays the seller for the car. Both parties fill out the physical certificate of title and sign it. From that point on the buyer is the legal owner of the car.
Vehicles Purchased in a Private Sale The new owner must give the original bill of sale to the DMV along with the other required proofs of ownership when they title and register the vehicle.
Many states don't mandate notarization for bills of sale. States like California, Texas, Florida, Ohio, and New York allow transactions without a notarized document. In these states, a signed bill of sale is often sufficient for legal purposes, provided it includes all required information.
A bill of sale does not have to be digital to be considered valid. Both handwritten and digital formats are generally acceptable, as long as all necessary information is listed and you have the consent of both parties.
