Draw On Legal Michigan Bill Of Sale Forms For Free

A Michigan bill of sale allows for the ownership transfer of personal property, commonly a vehicle, from a seller to a buyer. Unless gifted, the exchange must be for cash or trade. The buyer and seller are required to sign the document after the transaction is complete.

Michigan Bill of Sale Requirements All bills of sale should clearly identify the seller, the buyer, the item being transferred, and all the details of the transaction, such as the price and date. Both the buyer and seller need to sign the bill of sale for it to be valid.

Notarizing it helps ensure a smoother and quicker transfer of ownership. A notarized bill of sale is important as it protects both the seller and buyer from scams or fraud. While a notarized bill of sale isn't usually needed for the immediate purchase or sale, you may need it for future documentation.

A Michigan bill of sale is a form that is used to document the transfer of goods between a private seller and a buyer. The completed form will relay the price paid, the date of transaction, a description of the item sold, and the name, address, and signature of both parties.

THE DESCRIBED PROPERTY IS SOLD "AS-IS" WITHOUT ANY WARRANTIES, EXPRESS OR IMPLIED, AS TO THE CONDITION OF SUCH PROPERTY . BY ACCEPTING THIS BILL OF SALE, BUYER(S) REPRESENT THAT BUYER(S) HAVE PERSONALLY INSPECTED THE DESCRIBED PROPERTY AND ACCEPTS THE PROPERTY "AS-IS".

The State of Michigan requires a bill of sale, among other documentation, upon transferring a vehicle's title and registration from a previous owner to a new one. The form stipulates the vehicle's purchase price, condition, and any additional terms set by the agreeing parties.