#Free vehicle bill of sale template full#
If the buyer doesn't provide the full amount, the seller can use the Bill of Sale when pursuing the outstanding amount. Documents the payment terms: With a Bill of Sale, both parties can prove the agreed-upon payment terms, such as the purchase price and payment method.Without a Bill of Sale, the buyer could claim that the seller sold them a defective item and pursue legal action. Establishes the item's condition: By using a Bill of Sale, the seller can prove that an item was sold as-is.Without a written Bill of Sale, you may not have evidence of the transaction. For example, if you sold a car for a profit, you may have to report that profit as a capital gain. Creates a paper trail: In some situations, a written Bill of Sale may be needed for tax purposes.A Bill of Sale can prove a transfer of ownership and shows the date of the transfer. Documents the transfer of ownership: Without proper documentation, it's difficult to prove that a buyer has paid and received an item, especially if they've paid in cash.For example, an enforceable Bill of Sale: Instead, you need to use a Purchase of Business Agreement.Ī Bill of Sale protects the seller's and buyer's interests and can prevent future disputes and issues. In such instances, you likely need a Warranty Deed or a Real Estate Purchase Agreement.Īdditionally, you cannot use a Bill of Sale to document the sale of a business. Keep in mind that you cannot use a Bill of Sale to transfer the title to a piece of land or real estate. Electronics, such as phones or computers.Personal property, such as clothing and jewelry.Animals, such as horses, cats, and dogs.Equipment, such as tractors, tools, appliances, and exercise equipment.Off-road vehicles, such as bicycles, dirt bikes, golf carts, and snowmobiles.Watercrafts, such as boats and jet skis.Travel vehicles, such as trailers, RVs, and campers.Motor vehicles, such as cars, trucks, and motorcycles.However, our Bill of Sale template can be customized for a variety of items, such as: A Bill of Sale is most commonly used when someone is selling a car privately. _ Seller: _ Address: _Īnyone looking to buy or sell an item should use a Bill of Sale. SIGNED, SEALED, AND DELIVERED this _ day of _, _ in the presence of: I CERTIFY that the odometer of the Motor Vehicle was not altered, set back, or disconnected while in my possession, and I have no knowledge of anyone else doing so. I CERTIFY that to the best of my knowledge the odometer reading as stated above reflects the actual mileage of the Motor Vehicle. Vehicle Identification Number (VIN): _.I, _ of _ (the 'Seller'), STATE AND DECLARE that the odometer of the following vehicle (the 'Motor Vehicle') reads as follows: Failure to complete or providing an inaccurate or untruthful statement may result in fines and/or imprisonment. įederal and State Law requires that the Seller state the Mileage upon transfer of ownership. GOVERNING LAW: This Bill of Sale will be construed in accordance with and governed by the laws of the State of. INSPECTION: The Purchaser accepts the Motor Vehicle in its existing condition given that the Purchaser has either inspected the Motor Vehicle or was given the opportunity to inspect the Motor Vehicle but chose to not inspect it.
LIABILITIES: The Seller does not assume, nor does the Seller authorize any other person on the behalf of the Seller to assume, any liability in connection with the sale or delivery of the Motor Vehicle. MANUFACTURER'S WARRANTY: Any disclaimer of warranties by the Seller in this Bill of Sale will not in any way affect the terms of any applicable warranties from the manufacturer of the Motor Vehicle. WORKING ORDER: Any warranty as to the condition or working order of the Motor Vehicle is expressly disclaimed by the Seller. The Seller expressly disclaims any expressed or other implied warranties. The Seller expressly disclaims any implied warranty as to fitness for a particular purpose and any implied warranty as to merchantability.
'AS IS' CONDITION: The Purchaser acknowledges that the Motor Vehicle is sold 'as is'. The Seller also warrants that the Seller has the full right and authority to sell and deliver the Motor Vehicle and that the Seller will defend the title of the Motor Vehicle against any and all claims and demands.
#Free vehicle bill of sale template free#
WARRANTIES: The Seller warrants that the Motor Vehicle is free of any liens and encumbrances and that the Seller is the legal owner of the Motor Vehicle.