This form is a bill of sale of an automobile. The seller(s) guarantees that the automobile is his/her/their property and is free of all claims and offsets of any kind. The bill of sale also states that the automobile is sold "as-is" without any warranties, express or implied. A separate Odometer Disclosure Statement is included with the bill of sale.
A Lansing Michigan Bill of Sale of Automobile and Odometer Statement for As-Is Sale is a legal document that outlines the transfer of ownership of a motor vehicle within Lansing, Michigan. This document serves as proof of purchase and protects both the buyer and the seller by providing detailed information about the vehicle and its condition. The Bill of Sale includes various relevant keywords such as "Lansing Michigan," "Bill of Sale," "automobile," "odometer statement," and "as-is sale." To provide a detailed description, let's explain the different sections and types of Bill of Sale and Odometer Statement that may exist within this context: 1. Basic Information: The Bill of Sale typically begins with basic information such as the date of sale, names and addresses of the buyer and seller, vehicle details (make, model, year, VIN), and the purchase price. These details are essential for accurately identifying the vehicle and the parties involved. 2. Odometer Statement: Michigan law requires an Odometer Statement to be included in the Bill of Sale for vehicles less than ten years old. This statement verifies the mileage shown on the odometer at the time of sale and ensures the buyer is aware of the vehicle's true mileage. It also prevents fraud in odometer tampering, making it an important component of the Bill of Sale. 3. As-Is Sale: A key aspect of the Bill of Sale is the mention of "as-is sale." This means the vehicle is sold without any warranties or guarantees, and the buyer accepts the vehicle's condition at the time of purchase. It is crucial for both parties to understand that no representations or promises regarding the vehicle's condition have been made by the seller. Different types of Bill of Sale and Odometer Statements may exist based on the specific circumstances or parties involved in the transaction. Some variations include: 1. Private Sale: When selling a vehicle directly to an individual, a standard Bill of Sale and Odometer Statement for As-Is Sale is typically used. This is the most common type of Bill of Sale. 2. Dealer Sale: If a licensed dealer sells the vehicle, they might have their own specific Bill of Sale template that includes additional provisions required by Michigan's dealer regulations. 3. Auction Sale: In the case of a vehicle sale at an auction, an auction-specific Bill of Sale may be used, which caters to the unique conditions and requirements of an auction environment. Ultimately, the Lansing Michigan Bill of Sale of Automobile and Odometer Statement for As-Is Sale provides a legally binding record of the vehicle's sale, protects the interests of both parties, and ensures compliance with Michigan's laws and regulations. It is important to consult the relevant authorities or legal professionals to obtain accurate and up-to-date information regarding the specific requirements and documents necessary for a vehicle sale in Lansing, Michigan.A Lansing Michigan Bill of Sale of Automobile and Odometer Statement for As-Is Sale is a legal document that outlines the transfer of ownership of a motor vehicle within Lansing, Michigan. This document serves as proof of purchase and protects both the buyer and the seller by providing detailed information about the vehicle and its condition. The Bill of Sale includes various relevant keywords such as "Lansing Michigan," "Bill of Sale," "automobile," "odometer statement," and "as-is sale." To provide a detailed description, let's explain the different sections and types of Bill of Sale and Odometer Statement that may exist within this context: 1. Basic Information: The Bill of Sale typically begins with basic information such as the date of sale, names and addresses of the buyer and seller, vehicle details (make, model, year, VIN), and the purchase price. These details are essential for accurately identifying the vehicle and the parties involved. 2. Odometer Statement: Michigan law requires an Odometer Statement to be included in the Bill of Sale for vehicles less than ten years old. This statement verifies the mileage shown on the odometer at the time of sale and ensures the buyer is aware of the vehicle's true mileage. It also prevents fraud in odometer tampering, making it an important component of the Bill of Sale. 3. As-Is Sale: A key aspect of the Bill of Sale is the mention of "as-is sale." This means the vehicle is sold without any warranties or guarantees, and the buyer accepts the vehicle's condition at the time of purchase. It is crucial for both parties to understand that no representations or promises regarding the vehicle's condition have been made by the seller. Different types of Bill of Sale and Odometer Statements may exist based on the specific circumstances or parties involved in the transaction. Some variations include: 1. Private Sale: When selling a vehicle directly to an individual, a standard Bill of Sale and Odometer Statement for As-Is Sale is typically used. This is the most common type of Bill of Sale. 2. Dealer Sale: If a licensed dealer sells the vehicle, they might have their own specific Bill of Sale template that includes additional provisions required by Michigan's dealer regulations. 3. Auction Sale: In the case of a vehicle sale at an auction, an auction-specific Bill of Sale may be used, which caters to the unique conditions and requirements of an auction environment. Ultimately, the Lansing Michigan Bill of Sale of Automobile and Odometer Statement for As-Is Sale provides a legally binding record of the vehicle's sale, protects the interests of both parties, and ensures compliance with Michigan's laws and regulations. It is important to consult the relevant authorities or legal professionals to obtain accurate and up-to-date information regarding the specific requirements and documents necessary for a vehicle sale in Lansing, Michigan.
