Tennessee Bill of Sale of Automobile and Odometer Statement
About this form
The Bill of Sale of Automobile is a legal document that serves as proof of the sale of a motor vehicle. It includes essential details like the vehicle's make, model, VIN, and the sale price. This form not only formalizes the transaction between the seller and the buyer but also contains an Odometer Disclosure Statement, which is a federal requirement for disclosing the vehicle's mileage at the time of sale. This form is distinct from other sale agreements as it specifically addresses automobile sales and includes important disclosures mandated by law.
What’s included in this form
- Details of the vehicle, including make, model, and VIN.
- Sale price agreed upon by the seller and the buyer.
- Seller's assurance that the vehicle is owned free and clear of claims.
- Odometer Disclosure Statement, indicating current mileage.
- Signatures of the seller(s) and the buyer(s).
- Notary public acknowledgment for legal validity.
Situations where this form applies
This form should be used whenever you are buying or selling a motor vehicle. It's essential in cases where ownership needs to be transferred legally. You will need this document when selling your car to another party and when finalizing the sale to ensure both parties are protected and all legal requirements are met.
Intended users of this form
- Individuals selling their personal vehicles.
- Persons purchasing a used automobile from a seller.
- Dealerships or companies involved in vehicle sales.
Steps to complete this form
- Start by filling in the seller's and buyer's names and addresses.
- Enter the vehicle's details, including make, model, year, and VIN.
- Specify the sale price in both numerals and words.
- Complete the Odometer Disclosure Statement with the current mileage.
- Both parties should sign the document in the designated areas.
- Have the document notarized to ensure its validity.
Does this form need to be notarized?
This form needs to be notarized to ensure legal validity. US Legal Forms provides secure online notarization powered by Notarize, allowing you to complete the process through a verified video call, available anytime.
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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.
Common mistakes
- Failing to include all necessary vehicle details, such as VIN.
- Not correctly filling out the Odometer Disclosure Statement.
- Omitting seller or buyer signatures.
- Not having the document notarized, if required.
Advantages of online completion
- Convenience of downloading and printing the form at your time.
- Editability to fill in details as needed.
- Access to forms created by licensed attorneys for legal reliability.
- Ensures compliance with state and federal legal requirements.
Key takeaways
- The Bill of Sale of Automobile and Odometer Statement is essential for legally transferring vehicle ownership.
- Ensure all sections are completed accurately, including odometer disclosure, for compliance.
- This form is specific to Tennessee but can be adapted for use in other states.
- Notarization is required to validate the transaction.
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FAQ
An odometer disclosure statement is simply a declaration of a vehicle's mileage as indicated by its odometer, and if whether or not it's an accurate reading. If you've ever sold a car you've actually completed a generic odometer disclosure statement.
Get a properly assigned title and Odometer Disclosure Statement from the previous owner. Bring the paperwork to your local county clerk's office. Provide proof of ID and residency. A copy of your current registration if you are transferring current license plates to the new car.
A notarized bill of sale from the last registered owner or a notarized statement from the seller stating why the vehicle was not titled or registered in the seller's name. In the absence of a notarized bill of sale or notarized statement, submit a licensed motor vehicle dealer appraisal of the value of the vehicle.
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.
Although the buyer doesn't need to sign a Tennessee bill of sale, both the buyer and the seller should keep copies of the completed document for their records.
Louisiana. Maryland. Nebraska. New Hampshire. West Virginia. Montana.
For most private party car sales in Tennessee, the only paperwork that is required is the certificate of title. An exception is if you're selling to a family member, in which case you need a Non-Dealer Transfer Affidavit (form RV-F1301201).
An odometer disclosure statement is simply a declaration of a vehicle's mileage as indicated by its odometer, and if whether or not it's an accurate reading.On a California vehicle title, the box underneath the two stacked signatures is provided specifically for the odometer disclosure statement.
Alabama. Arkansas. Colorado. Connecticut. Hawaii. Idaho. Maine. Nebraska.
