Bill Of Sale Template Save DOC For Free - Bill Of Sale Template Doc

In simple terms, a bill of sale agreement is nothing more than a contract for the purchase of a vehicle between a buyer and a seller.In most cases, the contract is legally binding between buyer and seller as long as the bill of sale follows guidelines required in the state where the sale or transfer takes place.

How do you write a bill of sale? When you write a bill of sale, you include both the seller and buyer's name and address, a complete description of the sold item, the vehicle's identification number, conditions, date, amount paid, previous owner, method of payment and any other agreements between the buyer and seller.

Step 2 Produce The Date Of Reference For This Sale. Step 3 Identify The As-Is Seller. Step 4 Name The Purchaser Behind This Sale. Step 5 Record The As-Is Transaction Amount. Step 6 Discuss The Purchase Details. Step 7 Verify The Sale Under No Warranty Conditions.

You may be able to get a bill of sale form from your local department of motor vehicles or from your county tax assessor-collector's office. You can also write out your own bill of sale. When writing a bill of sale, be sure to include: The seller's name and address.

A bill of sale should, at a minimum, include information identifying the parties to the transaction (the buyer and seller), the total purchase price, and a specific description of the item that was sold.Sales of motor vehicles should also include the odometer reading at the time of the transfer between parties.

Essential paperworkWrite a receipt and make two copies one for you and one for your buyer. It should include the date, price, registration number, make and model, plus you and your buyer's names and addresses. Complete and sends the V5C to the DVLA.

If the car is sold as is, then the bill of sale should show that. You and the buyer will both sign, date the document, and keep a copy for your records. Sign over the title. Once you and the buyer complete and sign the title transfer, you'll hand over the title to the new owner.