This form is a simple model for a bill of sale for personal property used in connection with a business enterprise. Adapt to fit your circumstances.
Arkansas Simple Bill of Sale for Personal Property Used in Connection with Business
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How to fill out Simple Bill Of Sale For Personal Property Used In Connection With Business?
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FAQ
The state of Arkansas provides a document for vehicles, but you can also draft your own bill of sale for a car. Bills of sale do not require notarization. All bills of sale in Arkansas, however, must contain the following information: The names, contact information, and signatures and the buyer and seller.
You should include:Land or real estate location.Property description.Sale date.Sale price for the land or real estate.Contact information for the buyer and seller.Terms and conditions of the sale (for example, the buyer accepts property as is)
A new tag must be purchased at the regular sixty-five dollar ($65.00) fee if the owner looses the plate; or if the owner disposes of the trailer to which it is registered, such owner cannot transfer the plate to a newly acquired trailer, but must purchase a new plate at the sixty-five dollar ($65.00) fee.
Trailers are required to be registered but not titled. If you buy a boat motor and trailer, the only thing titled is the motor, the boat and trailer is registered but not required to have a title.
An Arkansas trailer bill of sale plays an important role in transferring ownership of a used trailer in the state. This way, both the seller and the buyer obtain essential guarantees. To register your trailer, you will need to prove that you are its new owner.
Apply for Replacement TitleArkansas residents can apply at any state revenue office. Please allow a minimum of three weeks processing time to receive your title. Charles D.Out of state applicants can download a title application form from this web site. You may also call 1-501-682-7076 to request a form.
What You'll Need to Register your Vehicle in ArkansasProof of ownership.A signed copy of your lien agreement.A completed Vehicle Registration Application (Form 10-381) which acts as both regustration and titling application.State of Arkansas Vehicle Bill of Sale Odometer Disclosure Statement Form (Form 10-313)More items...
You should include the following information in your Bill of Sale:Seller and buyer information.Region and county.Item being sold and its description.Price, sales tax, and form of payment.Loans and liens on the item, if applicable.
On this form, you enter basic vehicle information like the year, make, and model plus the odometer reading, the purchase price, and signatures from both the buyer and the seller. While a bill of sale isn't required for every private party vehicle sale in Arkansas, it's always a good idea to have one.
