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.
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.
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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.
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.
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. A full description of the vehicle.
Signing Requirements Virginia does not have an official bill of sale and hence no mandated signing requirements. The transfer of ownership of vehicles older than five years must be accompanied by Form SUT 1, which must be signed by both the buyer and the seller. The form does not need to be notarized.
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.