This Bill of Sale of Automobile contains the following information: the make/model of the car, VIN number and other information. Seller guarantees that the property is his/her own and is free of all claims and offsets of any kind. The form also contains the Odometer Disclosure Statement required by Federal Law and State Law, where applicable, which must be signed in the presence of a notary public.
Kentucky Bill of Sale of Automobile and Odometer Statement
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How to fill out Kentucky Bill Of Sale Of Automobile And Odometer Statement?
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FAQ
Can a Bill of Sale Be Handwritten? A bill of sale is a legal document that verifies you have sold your car and provides basic information about the vehicle or any other item and the terms of the sale.As, with any legal written document a bill of sale can be handwritten.
Transferring Ownership The buyer takes the assigned Title, proof of Kentucky Insurance, proof of Identification, and money for fees and applicable taxes to their local County Clerk's office for transfer. Older Titles, prior to 2000, may require a completed TC96-182 to complete the transfer process.
Step 1: Complete a bill of sale. Step 2: Exchange funds. Step 3: Release any liens on the car title. Step 1: Obtain the car title from the seller. Step 2: Fill out the title transfer section on the title. Step 3: Submit the paperwork to the DMV.
The date of the sale. A description of the car, including its: Year, make and model. The selling price of the car. If the car is a gift or partial gift, you should still create a bill of sale. Warranty information. The full names, addresses and signatures of the buyer and seller.
A Kentucky bill of sale is a legal document that proves that the described item was legally sold from the seller (either a dealer or an individual) to the buyer. As of February 2018, there is no legal requirement to have a Kentucky bill of sale notarized.
Complete the assignment of title on the back of your Kentucky title. Complete the seller and buyer section of the Application for Kentucky Certificate of Title/Registration. Complete the Application for Title/Affidavit of Total Consideration on the back of the title.
The full names and contact information of the buyer and seller. A statement that transfers ownership of the item from the seller to the buyer. A complete description of the item being purchased. A clause indicating the item is sold "as-is"
Wait to sign until you are before a Notary. Front of title - sign where it where it reads "Transferor/Seller Signature or Signature of seller" Front of title - print name where it reads "Transferor/Seller Printed Name or Printed Name of Seller just under the signature."
You will write in the following information on the front of the title. On the title, the seller should fill in the name and address of the purchaser, the odometer information, selling price, and the date sold in the "Transfer of Title by Seller" section.