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.
Nashville Tennessee Bill of Sale of Automobile and Odometer Statement for As-Is Sale
Category:
State:
Tennessee
City:
Nashville
Control #:
TN-00431B
Format:
Word;
Rich Text
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Description
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How to fill out Tennessee Bill Of Sale Of Automobile And Odometer Statement For As-Is Sale?
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FAQ
PURPOSE: Federal and state law require both seller (transferor) and buyer (transferee) to accurately state the mileage of any used motor vehicle, with a manufacture year of 2011 or newer, in connection with the transfer of ownership whether sale, trade-in or exchange.
Is a Bill of Sale required for selling a car in Tennessee? No, a bill of sale is not required for private car sales in Tennessee. However, it's still a good idea to have one the provide legal protection to both the buyer and the seller.
Does a bill of sale have to be notarized in Tennessee? No. A vehicle bill of sale for a private party transfer does not need to be notarized.
You can draft a bill of sale for a car or other vehicle by hand in Tennessee, and it does not need to be notarized. Just be sure your vehicle bill of sale contains the following information: The buyer's and seller's names, contact information, and signatures. The make, model, and year of the vehicle.
You can create your own bill of sale or use a template provided by the state of Tennessee. If you decide to draft a bill of sale by yourself, be aware that there are a number of requirements the document needs to satisfy in the state of Tennessee.
A Tennessee motor vehicle bill of sale is a legal document that proves a motor vehicle has been legally sold in the State of Tennessee. The form will provide information about the seller and the buyer, identifying information about the vehicle, and the circumstances of the change of ownership.
A simple Tennessee bill of sale includes certain information about both the buyer and the seller as well as some basic information about the item: The legal names of the parties involved (printed) The date of the bill of sale. Certain information about the item being sold.
You need a bill of sale for an ownership transfer of a boat, car, or firearm in Tennessee. A bill of sale provides legal protection whenever you buy or sell any high-value items. Learn more about what a bill of sale is and how to draft one that will work.
You can draft a bill of sale for a car or other vehicle by hand in Tennessee, and it does not need to be notarized. Just be sure your vehicle bill of sale contains the following information: The buyer's and seller's names, contact information, and signatures. The make, model, and year of the vehicle.
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