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Alaska Promissory Note in Connection with Sale of Vehicle or Automobile

State:
Alaska
Control #:
AK-00431-D
Format:
Word; 
Rich Text
Instant download

Description

This Promissory Note form is used in connection with the sale of a vehicle where the Buyer is to pay a portion of the purchase price over time. The Note includes provisions for no pre-payment penalty, default and presentment.

How to fill out Alaska Promissory Note In Connection With Sale Of Vehicle Or Automobile?

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FAQ

Alabama. Arkansas. Colorado. Connecticut. Hawaii. Idaho. Maine. Nebraska.

Most states do not require a notary to witness the signing of a bill of sale. However, by law, a notary public must witness both parties signing the document in Louisiana, Nebraska, Maryland, New Hampshire, West Virginia, and Montana. Notaries are optional in other states.

Is a bill of sale required in California? While a bill of sale is not a legal requirement in California, it's a good idea to have one if you sell or purchase a vehicle. There is no specific form required, but the California Department of Motor Vehicles (DMV) has a bill of sale form.

Yes, an Alaska bill of sale is required to register a motor vehicle.If you're buying the vehicle from a private party, you will also need a lien release, an odometer disclosure statement, and proof of previous registration.

A signed bill of sale provides important legal protections to the buyer and even to the seller. For the buyer, the bill of sale proves that a transaction took place. This information is extremely important if something serious is wrong with the vehicle that the seller knew about but failed to notify the buyer of.

Steps to Sell a Vehicle Complete the Notice of Vehicle Sale for Transfer attached to the bottom of the original title. Send or deliver this to DMV as soon as possible. The mailing address is shown at the bottom of this page. You are also welcome to send an email message to DMV or to record the sale online.

Sign the title and date it. Print out an Application for Title and Registration, and take that along with the signed and dated title to the DMV office. Pay the $15 transfer fee. Note that if there is a lien on the vehicle, an additional $15 fee is charged.

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Alaska Promissory Note in Connection with Sale of Vehicle or Automobile