Auto Bill Of Sale Wisconsin With Lien Holder

State:
Wisconsin
Control #:
WI-00431
Format:
Word; 
Rich Text
Instant download

Description

This Bill of Sale of Automobile contains the following information: the make/model of the car, VIN number and other information. Seller guarantees that the property is his/her own and is free of all claims and offsets of any kind. The form also contains the Odometer Disclosure Statement required by Federal Law and State Law, where applicable, which must be signed in the presence of a notary public.

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How to fill out Wisconsin Bill Of Sale Of Automobile And Odometer Statement?

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Bill of Sale

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FAQ

On July 30, 2012, Wisconsin joined other states in becoming a title to lien holder (lender) state. This means that any title with a lien (loan) listed on or after July 30, 2012, will be sent to the lien holder rather than the owner.

Fill in the name and address of the buyer or buyers on the title. If there is a lien listed on the title, provide the buyer with a lien release document from your lien holder; the buyer will need both documents to get a title. Remove the license plates from the vehicle. You may transfer them to another vehicle you own.

In Wisconsin, the law doesn't require you to use a bill of sale when transferring ownership of personal property. However, the document may provide legal protection for all parties involved. For example, the buyer will be able to prove that the transaction took place if there is an ownership dispute.

How to Sign Your Title in Wisconsin (WI)Back of the title top right - print name(s) on the line where it reads "Print Seller Name."Back of the title right below where you printed name(s) - sign name(s) on the line where it reads "Signature(s) of Seller(s)."

The following information should appear on the Wisconsin Bill of Sale Form: Name and address of the seller. Name and address of the buyer. Complete vehicle description, including Vehicle Identification Number (VIN), make, model, year.

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Auto Bill Of Sale Wisconsin With Lien Holder