Tennessee Bill of Sale of Automobile and Odometer Statement for As-Is Sale
The Bill of Sale of Automobile and Odometer Statement for As-Is Sale is a legal document used to finalize the sale of a motor vehicle. This form ensures that the seller confirms they own the vehicle and that it is sold "as-is," meaning there are no warranties or guarantees regarding its condition. Along with the bill of sale, an Odometer Disclosure Statement is included, which is essential for legal compliance regarding the vehicle's mileage.
- Identification of the seller(s) and buyer(s).
- Details about the automobile including make, model, year, and VIN.
- Declaration that the vehicle is sold as-is, without warranties.
- Statement regarding the odometer reading and any discrepancies.
- Signatures of seller(s) and buyer(s), and a notary public acknowledgment.
This form should be used when selling a motor vehicle in situations where the seller wishes to sell the vehicle without any guarantees or warranties about its condition. It's appropriate for private sales between individuals where full disclosure has been made, and the buyer accepts the vehicle "as-is."
This form is intended for:
- Individuals selling a personal automobile.
- Buyers purchasing a vehicle without warranties.
- Individuals needing to formally document the transfer of vehicle ownership.
- Anyone requiring compliance with odometer disclosure laws during the sale.
To complete this form, follow these steps:
- Identify the parties involved in the sale: enter the names of the seller(s) and buyer(s).
- Provide the sale details, including the amount paid and vehicle information (make, model, year, and VIN).
- Fill out the Odometer Disclosure Statement with the current odometer reading.
- Include any necessary additional statements regarding mileage discrepancies if applicable.
- Ensure all parties sign the document in the designated spaces and have it notarized.
Yes, this form must be notarized to be legally valid. The notarization confirms the identities of those signing the document and helps prevent fraudulent claims. US Legal Forms offers integrated online notarization, allowing you to complete this process securely via video call at any time.
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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.
- Forgetting to fill in the vehicle identification number (VIN).
- Not providing accurate odometer readings or failing to check the appropriate statements.
- Skipping signatures from all required parties.
- Not obtaining notarization if required by local law.
- Convenience: The form can be easily downloaded and printed for immediate use.
- Editability: Users can fill in the required fields based on their specific transaction details.
- Reliability: The forms are drafted by licensed attorneys to ensure legal compliance.
- Time-saving: Quick access to legal documentation without the need for an attorney's office visit.
- The Bill of Sale of Automobile and Odometer Statement is crucial for documenting the sale of a vehicle as-is.
- It includes important details like seller and buyer information, vehicle description, and odometer readings.
- Both parties must sign and have the document notarized for it to be enforceable.
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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.
An odometer is a device that is used for measuring the distance traveled by a vehicle.Digital odometers differ from mechanical odometers in that a computer chip is used to track mileage. The current mileage will be digitally displayed. A vehicle may also have a trip meter or trip odometer.
A Tennessee bill of sale for a motor vehicle must be notarized. According to the State of Tennessee, a bill of sale for a motor vehicle must include: Make, model, and year of the vehicle. The body and color of the vehicle.
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.
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.
The bill of sale is not a form of title, but you could use it to obtain the vehicle's title from the DMV. It's also important to note that the legality of your bill of sale depends on whether it bears or the necessary information or not.Full legal names and addresses, as well as signatures of the buyer and seller.
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.
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.
When You Might Need a Tennessee Bonded Title Also, if your car is valued at under $3,000 or is at least 30 years, you can simply fill out the Certificate of Ownership Form to get a new title. Other paperwork may be required, such as a notarized bill of sale.
