This forms package contains a Bill of Sale, Odometer Statement and Promissory Note. It is for the situation where the Buyer may be making a downpayment and paying the balance over time.
Bill Of Sale Virginia With Odometer Disclosure
State:
Virginia
Control #:
VA-00431-C
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Virginia Bill Of Sale For Automobile Or Vehicle Including Odometer Statement And Promissory Note?
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FAQ
How Do I Write a Virginia Bill of Sale?The parties' legal names (printed)The date of the bill of sale.Certain descriptive information about the item being sold.The amount the item is being sold for.The signatures of both parties.
Bills of sale in Virginia, which can be drafted by hand if necessary, do not need to be notarized. However, each document should feature the following information in order to serve its purpose: The names, contact information, and signatures of the buyer and seller.
The mileage on a title may be corrected by obtaining an amended odometer statement from the seller who incorrectly reported the mileage in the first place. A corrected title application can then be processed at any Secretary of State branch office.
The bill of sale should contain identifying information about the buyer and the seller, a description of the vehicle, and recount the terms of the change of ownership.
The bill of sale can be a handwritten statement signed by the seller and purchaser or a Vehicle Price Certification (Bill of Sale) (SUT 1) signed by the seller or purchaser. Vehicles that have been owned for 12 months or more do not need proof of the purchase price.