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.
The Bexar Texas Bill of Sale of Automobile and Odometer Statement for As-Is Sale is an important legal document used in the state of Texas to formalize the transfer of ownership of a motor vehicle from a seller to a buyer. This document contains specific details about the vehicle being sold and serves as proof of the transaction. The Bexar Texas Bill of Sale of Automobile and Odometer Statement for As-Is Sale typically includes the following information: 1. Identification of Parties: This section includes the names, addresses, and contact details of both the seller (current vehicle owner) and the buyer (new owner). 2. Vehicle Description: It provides a comprehensive description of the vehicle, such as make, model, year, vehicle identification number (VIN), license plate number, and any other pertinent details. 3. Purchase Price: This section outlines the agreed-upon purchase price for the vehicle. It may also include information about any additional amounts like sales tax or fees if applicable. 4. Odometer Disclosure: This section records the current mileage of the vehicle and is crucial for determining the condition and value of the automobile. It serves as an assurance that the odometer has not been tampered with and aids in preventing fraud. 5. As-Is Condition: This part states that the vehicle is sold "as-is," which means there are no warranties or guarantees provided by the seller regarding the vehicle's condition or any potential defects. It highlights that the buyer acknowledges and accepts any risks associated with the purchase. 6. Signatures and Notarization: Both the seller and buyer must sign the document to validate the agreement. Depending on the type of transaction, notarization may be required as an additional level of authentication. It's worth noting that while the above information is typically included in a Bexar Texas Bill of Sale of Automobile and Odometer Statement for As-Is Sale, the specific format and contents can vary. There may also be other types of specialized bills of sale, such as those for salvage vehicles, mobile homes, motorcycles, or recreational vehicles. Each type of bill of sale caters to the unique requirements and specificities associated with that particular type of vehicle. In summary, the Bexar Texas Bill of Sale of Automobile and Odometer Statement for As-Is Sale is a crucial document that safeguards the rights of both the seller and the buyer in a vehicle sale transaction. It establishes a legal record of the transfer of ownership and clearly outlines the condition of the vehicle being sold.
