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.
Colorado Springs Colorado Bill of Sale of Automobile and Odometer Statement
Category:
State:
Colorado
City:
Colorado Springs
Control #:
CO-00431
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Colorado Bill Of Sale Of Automobile And Odometer Statement?
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FAQ
Bill of Sale (required only if the title does not list the purchase date and price). If you have a lien on the vehicle, you will need a security agreement/loan agreement from the bank or lienholder. The security agreement must list: Description of the vehicle including year, make and VIN.
The buyer must carry in the vehicle: A bill of sale that identifies the vehicle by year, make and VIN and shows the time and date of sale and is signed by both the buyer and the seller.
Older Colorado titles may require a notary. If the title has a spot for a notary to sign, it needs to be notarized, or Statement of Transfer (in lieu of notarization of Colorado title), Form DR2445 needs to be filled out.
Federal and state law requires that you state the mileage in connection with the transfer of ownership. Failure to complete or providing a false statement may result in fines and/or imprisonment and may make you liable to your transferee pursuant to 49 U.S.C. 32709.
Section 580.5(c) requires a transferor to sign, and to print his/her name on an odometer disclosure statement with the following information: (1) The odometer reading at the time of transfer (not to include tenths of miles); (2) the date of transfer; (3) the transferor's name and current address; (4) the transferee's
A vehicle bill of sale does not need to be notarized in Colorado. You can use the official state form, one of the several provided by select counties, or you may draft your own. However, any form you use must provide the following information: The names, contact information, and signatures and the buyer and seller.
All states are required to provide an odometer disclosure section/space on complying titles or complying forms. The odometer disclosure should contain: The complete vehicle description (make, year model, body type, and vehicle identification number).
A buyer can also use a bill of sale to prove ownership for insurance or tax purposes. The state of Colorado does not provide citizens with an official bill of sale, but you can use a bill of sale template or produce your own.
Bills of sale do not have to be notarized in the state of Colorado.
