New York Bill of Sale of Automobile and Odometer Statement for As-Is Sale
Overview of this form
The Bill of Sale of Automobile and Odometer Statement for As-Is Sale is a legal document used to transfer ownership of a vehicle from a seller to a buyer. This form guarantees that the seller has the right to sell the automobile and that it is free from any claims. The automobile is sold "as-is," meaning the buyer accepts it in its current condition without any warranties. Additionally, the form includes an Odometer Disclosure Statement, which is required by law to confirm the vehicle's mileage at the time of the sale.
Key parts of this document
- Seller and buyer information, including names and signatures
- Description of the vehicle, including make, model, year, and VIN
- Sale price and payment details
- As-is condition statement indicating no warranties
- Odometer Disclosure Statement to confirm mileage
- Notary acknowledgment for legal validation
When this form is needed
This form should be used when selling or purchasing an automobile in a transaction that does not include any warranties regarding the vehicle's condition. It is suitable for private sales where the seller seeks to transfer ownership quickly and clearly outline the terms of the sale, particularly the "as-is" condition. Use this form to protect both parties by documenting the agreement and confirming the vehicle's details and condition.
Intended users of this form
- Private individuals selling their automobiles
- Buyers purchasing used vehicles without warranties
- Those requiring a formal record of the sale for legal or personal purposes
- Sellers needing to disclose odometer mileage under federal law
Instructions for completing this form
- Identify the seller(s) and buyer(s) by entering their names and contact information.
- Provide a detailed description of the vehicle, including make, model, year, and VIN.
- Specify the sale price and confirm the method of payment received.
- Include a statement confirming that the vehicle is sold "as-is" and free of warranties.
- Complete the Odometer Disclosure Statement accurately, noting the current mileage.
- Have both parties sign the document and arrange for notarization if required.
Does this document require notarization?
Yes, this form must be notarized to be legally valid. Notarization helps confirm the identities of the parties involved in the transaction and ensures that the signatures are genuine. US Legal Forms provides integrated online notarization services, making it easy for you to complete this process securely via video call, available twenty-four-seven.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Avoid these common issues
- Failing to provide accurate vehicle information, especially the VIN.
- Not disclosing any previous accidents or issues with the vehicle.
- Overlooking the mileage disclosure requirements, which can lead to legal penalties.
- Not obtaining the required signatures or notarization, making the form invalid.
Benefits of using this form online
- Convenience of downloading and filling out the form at your own pace.
- Editable templates that allow you to customize the form to your transaction.
- Access to legally vetted forms prepared by licensed attorneys.
- Secure storage of your documents for easy access in the future.
Quick recap
- The Bill of Sale of Automobile and Odometer Statement is vital for legally transferring vehicle ownership.
- It documents the condition of the vehicle being sold as-is, minimizing disputes.
- Completing the Odometer Disclosure is necessary to comply with federal and state laws.
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FAQ
A bill of sale has been defined as a legal document made by the seller to a purchaser, reporting that on a specific date at a specific locality and for a particular sum of money or other value received, the seller sold to the purchaser a specific item of personal property, or parcel of real property of which he had
A bill of sale is required, along with a title transfer indicated on the original title, to legally sell a vehicle or a vessel privately in New York. The document sufficiently records the transaction between the seller and buyer, and helps to prevent fraudulent practices.
Write the title "Bill of Sale" at the top of the paper. Write the buyer's full name and address under the title of "Buyer." Write the seller's full name and address under the title of "Seller." Write down the year, make, model, color, current odometer reading, and Vehicle Identification Number from the vehicle.
Year and make of the vehicle, boat, snowmobile or ATV. vehicle identification number (VIN) or the hull identification number (HIN) date of the sale. purchase price. names and signatures of the buyer and the seller.
The date of the sale. A description of the car, including its: The selling price of the car. If the car is a gift or partial gift, you should still create a bill of sale. Warranty information. The full names, addresses and signatures of the buyer and seller. More From NerdWallet.
The DMV does provide an Official New York Bill of Sale Form (Form MV-912) for official use. The buyer and the seller can make photocopies of the Bill of Sale to keep in their records.You must also indicate the vehicle as a gift on a Statement of Transaction Sales Tax Form: (DTF-802).
Can a bill of sale be handwritten? If your state does not provide a bill of sale form, yes, you can handwrite one yourself. As long as the document includes all of the necessary parts of a bill of sale and is signed by both parties and a notary, it is valid. Some states require a bill of sale while others don't.
Create an electronic bill of sale. It takes just a few minutes to create a form and add fields for legally binding signatures, the date, signer name or initials, email address, and more. Then you can send the form out via email for the other party's signature. If you need to make changes after sending, you can.
