This form is a Promissory Note in connection with the sale of a vehicle where the Buyer is to pay a portion of the purchase price over time.
Washington Promissory Note in Connection with Sale of Vehicle or Automobile
Category:
State:
Washington
Control #:
WA-00431-D
Format:
Word;
Rich Text
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Description
How to fill out Washington Promissory Note In Connection With Sale Of Vehicle Or Automobile?
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FAQ
200b200bThe promissory note should contain: The car's VIN number, model, make and year of manufacture. The statement that the borrower promises to pay the lender a specific amount, how much each payment will be, the annual interest rate and when the loan will be completely repaid.
Alabama. Arkansas. Colorado. Connecticut. Hawaii. Idaho. Maine. Nebraska.
In Washington, a bill of sale is required to sell, purchase, and register a vehicle or vessel. The Washington Department of Licensing (DOL) provides an official form, the Vehicle/Vessel Bill of Sale, or Form TD-420-065, which serves both purposes.
Step 1: Allow the Buyer to Have the Car Inspected by a Third Party. Step 2: Clean Out the Vehicle. Step 3: Remove the License Plates. Step 4: Complete a Bill of Sale. Step 5: Collect Payment from the Seller. Step 6: Sign the Title to Formally Transfer Ownership. Step 7: File a Report of Sale.
In Washington, a bill of sale is required to sell, purchase, and register a vehicle or vessel.This document acts as a record of the sales transaction and must be submitted to the DOL for both vehicle and vessel registration.
Here's what you need: The title also known as the pink slip. It's the certificate that proves you own the car. A Washington bill of sale You can use Form TD-420-065, which you can download from the DOL's website, here. The odometer reading (exactly how many miles are on the car)
To apply for a new title, take the Certificate of Title and this Bill of Sale to any vehicle licensing office and pay all fees and taxes. You must apply within 15 days of acquiring the vehicle/ vessel or you will pay a late fee. Late transfer fees start at $50 and increase to a maximum of $125.
Bill of Sale, which includes the year, make, model, license plate, VIN number, the date of sale and the purchase price. Emissions certificate if the vehicle has not been tested in the last two years, if emissions is required in the resident city. You must notify the state of Washington of the sale within 5 days.
Step 1: Allow the Buyer to Have the Car Inspected by a Third Party. Step 2: Clean Out the Vehicle. Step 3: Remove the License Plates. Step 4: Complete a Bill of Sale. Step 5: Collect Payment from the Seller. Step 6: Sign the Title to Formally Transfer Ownership. Step 7: File a Report of Sale.
