Rhode Island Bill of Sale without Warranty by Individual Seller
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How to fill out Rhode Island Bill Of Sale Without Warranty By Individual Seller?
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FAQ
A Rhode Island bill of sale for a motor vehicle doesn't need to be notarized, but you can have it notarized if you'd like to do so.
Sign two copies of the bill of sale, one for you and one for the other party. Although not strictly required, consider bringing a third party with you when the bill of sale is signed. If questions arise about the sale, that person can serve as a reporter of the transaction.
Both the buyer and seller should receive copies of the bill of sale form. It's important for the buyer to keep the bill of sale with the title of the vehicle for registration and licensing purposes, if necessary. However, all parties should keep them for their own personal records.
A bill of sale does not serve as proof of ownership. Only a title has that legal authority. Bills of sale serve as proof of title transfer, which buyers and sellers need for personal financial and tax records.
The Bill of Sale should include all the basic information about the car, such as year, make, model, VIN number, color; it must also include the purchase price.
You not need both parties to be physically present at the time of notarization, but you can only notarize for the person who is appearing before you. The other person can have their signature notarized at another time. Kelle Clarke is a Contributing Editor with the National Notary Association.
Names of the buyer and seller. Contact details. A description of the item(s) being sold. The price of the item(s). Methods of payment. Warranty details.
A California Bill of Sale must include both a buyer's and a seller's disclosure. They must be read. If the parties agree to the sale, the document must be signed, witnessed, and notarized. The date of the signatures should also be listed.
After the transfer is done, the number of days the plates can be used prior to registration is as follows: RI Dealer: 20 calendar days from date on bill of sale. Out-of-state Dealer: 72 hours from date on bill of sale. Private Party: 48 hours from date on bill of sale.