Colorado 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

Colorado Bill of Sale is a legal document in the state of Colorado that needs to be completed when the seller is transferring the ownership of the property to the buyer.

Bills of sale do not have to be notarized in the state of Colorado.

Both the seller and buyer must sign the title transfer. If there are two names listed on the original title, both parties must sign it when selling. If two people will be listed on the new title, both must sign the bill of sale and the title.

Older Colorado titles may require a notary. If the title has a spot for a notary to sign, it needs to be notarized, or Statement of Transfer (in lieu of notarization of Colorado title), Form DR2445 needs to be filled out.

A vehicle bill of sale does not need to be notarized in Colorado. You can use the official state form, one of the several provided by select counties, or you may draft your own. However, any form you use must provide the following information: The names, contact information, and signatures and the buyer and seller.

While a Bill of Sale is not required for selling a vehicle in the state of Colorado, it's a good idea to create one for both you and the buyer. Think of this as your receipt for the transaction.

Both the seller and buyer must sign the title transfer. If there are two names listed on the original title, both parties must sign it when selling. If two people will be listed on the new title, both must sign the bill of sale and the title.

A bill of sale that identifies the vehicle by year, make and VIN and shows the time and date of sale and is signed by both the buyer and the seller. Proof of insurance.

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)

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