A Rhode Island Bill of Sale with Notary refers to a legal document used to record the transfer of ownership or interest in personal property from one party to another in Rhode Island. This document serves as proof of the transaction and protects the rights of both the buyer and the seller. In Rhode Island, there are several types of Bills of Sale that may require notarization. Some common examples include: 1. Vehicle Bill of Sale with Notary: This type of Bill of Sale is used when selling or buying a motor vehicle, such as cars, motorcycles, or boats. It includes details such as the vehicle's make, model, year, vehicle identification number (VIN), purchase price, and the names and addresses of both the buyer and seller. Notarization ensures the authenticity of the signatures. 2. Personal Property Bill of Sale with Notary: This document is used for the sale of various personal items, excluding motor vehicles. It can include items such as furniture, electronics, appliances, or even livestock. The Bill of Sale records the details of the transaction, including the description, condition, and purchase price of the item. The signatures of both parties are notarized to ensure the validity of the agreement. 3. Boat Bill of Sale with Notary: This particular Bill of Sale is specifically used for selling or buying watercraft, including sailboats, powerboats, or personal watercraft. It contains essential information like the boat's registration number, hull identification number (IN), make, model, length, and the buyer and seller's details. Notarization helps validate the transfer of ownership. Regardless of the specific type, a Rhode Island Bill of Sale with Notary typically includes key elements required by the state, such as: a. Names and addresses of both the buyer (purchaser) and the seller. b. Description or identification of the item being sold, including any applicable serial numbers, VIN's, or registration numbers. c. Purchase price and payment terms agreed upon by both parties. d. Any warranties or guarantees provided by the seller. e. Date of the sale and signatures of both the buyer and seller. f. Notary acknowledgment section to ensure legal authenticity and prevent fraud. It is important to note that while the presence of a notary may be required for certain Bills of Sale, it is always beneficial as it provides an added layer of legal security and authenticity to the transaction. The notary's signature and official seal help to verify the identity of the parties involved and protect against fraudulent activities or future disputes.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.