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The state of Minnesota doesn't require a bill of sale for any transactions, but the document is recognized as an official record of a sale. A bill of sale needs to clearly identify the parties involved in a transaction, the item being sold, the selling price, and the date the transaction took place.
The official document is called a Form VTR-346, and it includes details about the car, sale, seller, and buyer, specifically: Vehicle Identification Number, or VIN. Year, make, body style, and model of the vehicle. Title number. License plate number. Date of transfer. Whether the seller kept the plates.
INSTRUCTIONS FOR BILL OF SALE seller's name. make of the vehicle (chevy, ford, dodge, etc.) year of the vehicle. vin # - vehicle identification number. buyer's name. date of sale. signature of seller.
You can use a template for a general bill of sale in Iowa to record private sales transactions. The state of Iowa does not provide an official general bill of sale. On a general bill of sale, you'll need to include contact details for the buyer and seller. You should also describe the property on the form.
What Should Be Included? The names of the buyers and the sellers. The price of the property that was sold. A detailed description of the property that was sold. The date of the transaction. The amount that the property was sold for.
A bill of sale shall include the seller's name, make of vehicle, year of vehicle, vehicle identification number (VIN), buyer's name, date of sale, purchase price, and signature of seller. This information may be handwritten on a piece of paper.