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.
Virginia Bill Of Sale For Trailer
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
Virginia does not require a bill of sale to transfer ownership of a vehicle unless the purchase price cannot be listed on the original title. Purchase price documentation is an important step in documenting ownership transfer.
For in-state vehicles or trailers, you will need: For quality assurance purposes, provide the company Employer Identification Number (EIN). Proof of address. Proof of purchase price, such as a buyer's order, bill of sale, or the seller's declared sale price on the title.
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.
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.
