Kentucky Bill of Sale - Short Form

State:
Multi-State
Control #:
US-OG-027
Format:
Word; 
Rich Text
Instant download

Description

A bill of sale is a document that transfers ownership of an asset from a seller to the buyer. This form is a short form used for the sale of personal property.

How to fill out Bill Of Sale - Short Form?

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FAQ

The form should include the following: Buyer's name and address. Seller's name and address. Vehicle description (i.e. make, model, year, and body style) Vehicle identification number (VIN) Sale date. Transaction details (i.e. purchase price, trade, or gift) Warranty details (usually sold on an ?as-is, where-is? basis)

While a bill of sale isn't legally required, and doesn't replace a title transfer, it is highly recommended and protects both the buyer and seller from fraud, theft, or mistakes.

That might get you to wonder if a handwritten bill of sale is legally binding. Handwritten bills of sale are indeed contractual agreements ? so long as they have the right elements.

How to Sell a Car in Kentucky Step 1: Allow the buyer to have the car inspected by a third party. Step 2: Organize and gather all related vehicle documentation. Step 3: Transfer the title. Step 4: Remove your plates and cancel your insurance.

Though standard form bill of sales are available online and from your local county tax collector's office, it's also perfectly acceptable to write your own.

Enter name(s) and address of buyer(s) on the first line at the top. On the next two lines on the left, the seller (Transferor) must print name(s) and sign on the lines as provided. MAKE SURE TO PRINT YOUR NAME (OR NAMES) EXACTLY as appears on the front of the title (DON'T USE SHORT NAMES OR NICKNAMES!).

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.

Does a Bill of Sale Have to Be Notarized in Kentucky? In most cases, no. If you are applying for a title on an out-of-state vehicle and your state only issues bills of sale to prove ownership, the signatures on the bill of sale must be notarized.

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Kentucky Bill of Sale - Short Form