Arizona Simple Bill of Sale for Personal Property Used in Connection with Business

State:
Multi-State
Control #:
US-00167
Format:
Word; 
Rich Text
Instant download

Description

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.

How to fill out Simple Bill Of Sale For Personal Property Used In Connection With Business?

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FAQ

If you're applying for a bonded title in Arizona, you won't have a previous title for the car, but you may have a bill of sale or other documentation from the vehicle's previous owner. It's best to bring these documents with you to the MVD or Authorized Third Party office.

We recommend that the seller complete and sign an Arizona Bill of Sale, and have it notarized. This can help prevent issues when the buyer comes in to complete the title transfer process, and provides the information needed for the seller to file a vehicle sold notice with MVD.

An Arizona bill of sale can be written in plain English, without legal jargon or archaic terms. The important part to remember is that the bill of sale needs the required elements. If you are a party to the bill of sale, make sure that you keep more than one copy of the completed document.

When creating a bill of sale, make sure you include the buyer's and seller's name and contact information, a detailed description of the property being transferred, the date of the sale, the amount paid, and the seller's signature.

We recommend that the seller complete and sign an Arizona Bill of Sale, and have it notarized. This can help prevent issues when the buyer comes in to complete the title transfer process, and provides the information needed for the seller to file a vehicle sold notice with MVD.

We recommend that the seller complete and sign an Arizona Bill of Sale, and have it notarized. This can help prevent issues when the buyer comes in to complete the title transfer process, and provides the information needed for the seller to file a vehicle sold notice with MVD.

Legally, the Arizona DMV does not require private sellers to have a bill of sale, but most private sellers use one as a best practice. The Bill of Sale should be signed by both the buyer and seller.

The Arizona Motor Vehicle Division (MVD) does not require a Bill of Sale to transfer a title or complete any motor vehicle transaction but for the protection of the seller and the buyer, the Arizona MVD does provide a specific Bill of Sale Form 48-2004.

1. Arizona Vehicle Bill of Sale. Arizona law does not require a vehicle bill of sale, which is a legal contract that serves as proof that vehicle ownership has been transferred in a private sale.

For property tax purposes in Arizona, personal property is defined as all types of property except real estate. Taxable personal property includes property used for commercial, industrial, and agricultural purposes. Personal property is considered to be movable and not permanently attached to real estate.

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Arizona Simple Bill of Sale for Personal Property Used in Connection with Business