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FutureStarrBill of sale for a car
If you’re selling your car to an individual, creating a bill of sale is a wise move. A bill of sale is a legal document that outlines the terms of the deal and serves as proof that the vehicle was sold. The document usually includes identifying information about the buyer and seller, conditions attached to the sale, the date of the transfer, and the car’s purchase price.This document signifies the transfer of ownership of _____, normally a vehicle, from _____ to _____. The vehicle can be sold on a trade, with or without money, or just to show the vehicle is not stolen and is in the custody of its rightful owner, free from any liens or attachments.
In some states, the department of motor vehicles or highway safety will have bill of sale templates for you to download. For example, Florida, California, and New York all have PDF bills of sale you can use. A motor vehicle bill of sale includes the terms and conditions of a vehicle purchase between a buyer and seller. Once completed and signed, it may be used as proof to your local Department of Motor Vehicles (DMV) for a change of ownership. The new owner will need a copy of the signed bill of sale to complete registration. A bill of sale should only be signed after the buyer has paid in full and the seller has conveyed the certificate of title.
A bill of sale is between a buyer and seller for the purchase of a vehicle or personal property in exchange for cash or trade. The form should only be signed after the transaction has been finalized. The buyer is required to keep an original copy for registration purposes.A bill of sale is a legal document that transfers ownership of personal property, most commonly vehicles, to someone else in exchange for cash or trade. In most States, a signed bill of sale is required to register a vehicle. (Source:eforms.com)