Idaho Bill of Sale of Automobile and Odometer Statement
What this document covers
The Bill of Sale of Automobile and Odometer Statement is a legal document that facilitates the transfer of ownership of a motor vehicle from the seller to the buyer. This form serves as proof of the sale and includes crucial details, such as the vehicle's make, model, Vehicle Identification Number (VIN), and odometer reading, ensuring compliance with both federal and state regulations. It differs from other sales documents by including the Odometer Disclosure Statement, which is required to confirm that the mileage reading is accurate at the time of sale.
What’s included in this form
- Identification of the buyer and the seller.
- Details of the vehicle, including make, model, and VIN.
- Odometer Disclosure Statement to confirm mileage reading.
- Seller's guarantee that the vehicle is free from liens and claims.
- Signatures of both seller(s) and buyer(s), often in the presence of a notary public.
Situations where this form applies
This form is typically used when selling or purchasing a motor vehicle. It is essential for private transactions, where a formal Bill of Sale serves to protect both parties by documenting the sale and verifying the vehicle's details and history. Using this form is also necessary for transferring ownership in order to register the vehicle with the state department of motor vehicles.
Who needs this form
- A seller wishing to transfer ownership of a vehicle.
- A buyer who wants to officially document the purchase of a vehicle.
- Anyone involved in a private sale of an automobile.
Instructions for completing this form
- Identify the buyer and seller by entering their names and addresses.
- Provide detailed information about the vehicle, including the make, model, VIN, and year.
- Enter the sale price of the vehicle.
- Fill out the odometer reading accurately and check any applicable statements regarding its accuracy.
- Both parties must sign the document in the presence of a notary public.
Is notarization required?
This form must be notarized to be legally valid. US Legal Forms provides secure online notarization powered by Notarize, allowing you to complete the process through a verified video call.
Common mistakes
- Failing to accurately record the vehicle identification number (VIN).
- Neglecting to have the form notarized if required.
- Not fully completing the odometer disclosure section.
- Providing incorrect or incomplete information about the sale price.
Why use this form online
- Convenience: Easily download and print the form from home.
- Editable: Fill in the required details digitally for quick completion.
- Reliability: Templates are drafted by licensed attorneys to ensure legal compliance.
Form popularity
FAQ
Writing the Bill of Sale On the bill of sale template, where the dollar amount is listed, write gift in the allotted space. You'll need to note the date of sale, the car's identification number, make, model and the number of miles on the odometer at the time of the transfer.
Write the title "Bill of Sale" at the top of the paper. Write the buyer's full name and address under the title of "Buyer." Write the seller's full name and address under the title of "Seller." Write down the year, make, model, color, current odometer reading, and Vehicle Identification Number from the vehicle.
The date of the sale. A description of the car, including its: Year, make and model. The selling price of the car. If the car is a gift or partial gift, you should still create a bill of sale. Warranty information. The full names, addresses and signatures of the buyer and seller.
An Idaho bill of sale for a gun must include the full legal name, physical address (including city, state, and zip), date of birth, and driver's license number for the buyer and the seller. The document should include the date that it was created.
Can a Bill of Sale Be Handwritten? A bill of sale is a legal document that verifies you have sold your car and provides basic information about the vehicle or any other item and the terms of the sale.As, with any legal written document a bill of sale can be handwritten.
The full names and contact information of the buyer and seller. A statement that transfers ownership of the item from the seller to the buyer. A complete description of the item being purchased. A clause indicating the item is sold "as-is"
Very simply put, the buyer and seller sign the title, take the signed title to the DMV, pay the title transfer fees, fill out an application for a title which is the DMV title transfer form, and you will get a new Idaho title.
Can a bill of sale be handwritten? If your state does not provide a bill of sale form, yes, you can handwrite one yourself. As long as the document includes all of the necessary parts of a bill of sale and is signed by both parties and a notary, it is valid. Some states require a bill of sale while others don't.
Is a bill of sale required in Idaho? A bill of sale is required in the State of Idaho in order to transfer a title and register the vehicle.
