South Dakota Bill of Sale of Automobile and Odometer Statement for As-Is Sale

State:
South Dakota
Control #:
SD-00431B
Format:
Word; 
Rich Text
Instant download

Understanding this form

The Bill of Sale of Automobile and Odometer Statement for As-Is Sale is a legal document that facilitates the transfer of ownership of a motor vehicle from a seller to a buyer. This form confirms that the seller owns the vehicle and that it is free of any claims or offsets. It also specifies that the vehicle is sold "as-is," meaning the seller does not offer any warranties regarding the vehicle's condition. The form includes an Odometer Disclosure Statement to comply with federal law, ensuring accurate mileage reporting at the time of sale.

Form components explained

  • Identification of the seller and buyer, including signatures.
  • Details about the vehicle, such as make, model, and VIN.
  • Statement of ownership and warranty disclaimer ("as-is" sale).
  • Odometer Disclosure Statement for mileage verification.
  • Notarization section for legal acknowledgment.
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  • Preview Bill of Sale of Automobile and Odometer Statement for As-Is Sale

When to use this form

This form should be used when a motor vehicle is sold from one party to another, particularly in private sales. It is ideal for situations where the seller wants to clarify that the vehicle is sold without any guarantees about its condition. Additionally, it is essential when transferring ownership to comply with legal requirements regarding odometer readings.

Intended users of this form

This form is suitable for:

  • Individuals buying or selling a motor vehicle privately.
  • Car dealerships conducting "as-is" sales.
  • Any seller who wishes to clarify the ownership and condition of the vehicle sold.
  • Buyers who want to ensure clear legal documentation of the purchase.

Steps to complete this form

  • Identify the parties involved: list the full names of the seller(s) and buyer(s).
  • Specify the payment details: enter the sale price in both words and numbers.
  • Fill in the vehicle information: include the make, model, year, and VIN.
  • Include the odometer reading: accurately state the vehicle's mileage as of the sale date.
  • Obtain required signatures: ensure all parties sign and date the form.
  • Complete any necessary notarization for legal validation.

Is notarization required?

Notarization is required for this form to take effect. Our online notarization service, powered by Notarize, lets you verify and sign documents remotely through an encrypted video session, available 24/7.

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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.

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Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.

Form selector

Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.

Form selector

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.

Form selector

We protect your documents and personal data by following strict security and privacy standards.

Avoid these common issues

  • Not accurately recording the vehicle's odometer reading.
  • Failing to have the form notarized if required by state law.
  • Leaving out signatures of all parties involved.
  • Not specifying the payment details (both in numerals and words).

Benefits of completing this form online

  • Convenience of immediate access and printability.
  • Editability to customize the details specific to your transaction.
  • Reliable templates drafted by licensed attorneys.
  • Secure and straightforward compliance with legal requirements.

Quick recap

  • This Bill of Sale is necessary for transferring ownership of an automobile in an as-is condition.
  • It includes an Odometer Disclosure Statement as required by federal law.
  • Both parties should be present for notarization to validate the document.
  • Proper completion of the form can help avoid disputes regarding the sale in the future.

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FAQ

No, a South Dakota bill of sale is not required to register a vehicle. However, South Dakota does provide a Bill of Sale (Form MV-16) for your personal use for motor vehicle sales. You should also complete a South Dakota Application for Motor Vehicle Title & Registration (Form-0864 V 21).

The date of the sale. A description of the car, including its: Year, make and model. 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.

As soon as you've been paid for the car, you need to complete the following essential paperwork: Write a receipt and make two copies one for you and one for your buyer. It should include the date, price, registration number, make and model, plus you and your buyer's names and addresses.

Writing the Bill of Sale On the bill of sale template, where the dollar amount is listed, write gift in the allotted space. You'll need to note the date of sale, the car's identification number, make, model and the number of miles on the odometer at the time of the transfer.

A complete bill of sale is the only step available to you if you want to sell your car without a title. The bill of sale needs to include all the details of the car, including the make, model, year, and VIN. It also needs to include all your information (name, contact details, registration details).

Write a receipt and make two copies one for you and one for your buyer. It should include the date, price, registration number, make and model, plus you and your buyer's names and addresses.

Writing the Bill of Sale On the bill of sale template, where the dollar amount is listed, write gift in the allotted space. You'll need to note the date of sale, the car's identification number, make, model and the number of miles on the odometer at the time of the transfer.

Can a Bill of Sale Be Handwritten? A bill of sale is a legal document that verifies you have sold your car and provides basic information about the vehicle or any other item and the terms of the sale.As, with any legal written document a bill of sale can be handwritten.

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South Dakota Bill of Sale of Automobile and Odometer Statement for As-Is Sale