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When using a bill of sale to transfer ownership, the bill of sale must contain: The purchaser's name. Vehicle description, including the year, make, and model of the vehicle. Vehicle Identification Number (VIN) ... Seller's signature. Seller's address.
You can use a template for a general bill of sale in Indiana to record private sales transactions. Indiana does not provide an official general bill of sale. On a general bill of sale, you'll need to include the buyer's and seller's contact information.
Can a bill of sale be handwritten in Indiana? Yes, it can be handwritten as long as it contains the necessary information to show the details of a transaction and as long as it is signed by the buyer and the seller.
When you sell something like that, your bill of sale will include basic information like: Seller name and contact information. Buyer name and contact information. Description of the item(s) you're selling. Price of the item(s) you're selling. Date the sale was made. Space for the buyer and seller to sign.
When selling a vehicle, all vehicle owners must sign and print their names in the seller section prior to the sale. The seller must also complete the odometer statement, date of sale, selling price and trade-in value, if applicable. It is also important to remove the license plates before selling a vehicle.
Can you sell a car for $1? In short, yes. But while selling a car for $1 will allow you to avoid capital gains and gifts taxes, the recipient of the car will have to pay whatever rate of sales tax your state charges on used vehicles when they transfer the title.
Contact information for the buyer, including name, address, and phone number. A detailed description of the item being sold, such as the serial number, make, model, color, description, features, faults, and any other important identifying information. The agreed-on price and payment details. Method of payment.