A South Carolina Bill of Sale of Automobile or Car with Warranty of Title is a legally binding document that establishes the transfer of ownership of a vehicle from a seller to a buyer. This document contains important information about the transaction and provides a warranty of title to the buyer, assuring that the vehicle is free from any liens or encumbrances. The South Carolina Bill of Sale of Automobile or Car with Warranty of Title typically includes the following details: 1. Identification of Parties: The full legal names, addresses, and contact information of both the seller and the buyer are included in the document. 2. Vehicle Information: A comprehensive description of the automobile, including the make, model, year, vehicle identification number (VIN), color, and any other relevant details are mentioned. 3. Purchase Price: The agreed-upon purchase price of the vehicle is stated in the bill of sale. This can also include any applicable taxes or fees. 4. Warranty of Title: The seller provides a warranty of title, assuring the buyer that the vehicle is legally owned by the seller and is free from any liens, claims, or encumbrances. 5. Signatures and Notarization: Both the seller and the buyer must sign the document to make it legally binding. Some bills of sale may also require notarization to add a layer of authentication. Aside from the standard South Carolina Bill of Sale of Automobile or Car with Warranty of Title, there may be different types of bills of sale based on specific requirements or circumstances: 1. As-Is Bill of Sale: This type of bill of sale declares that the vehicle is being sold in its current condition without any warranties or guarantees. It relieves the seller from liability for any issues that may arise after the sale. 2. Odometer Disclosure Statement: If the vehicle is under ten years old, a separate Odometer Disclosure Statement may be required to disclose the mileage of the vehicle accurately. 3. Trade-In Bill of Sale: When a vehicle is being traded in towards the purchase price of another vehicle, a Trade-In Bill of Sale is utilized. This document outlines the details of the trade-in vehicle, including its value and how it contributes to the purchase price. In summary, a South Carolina Bill of Sale of Automobile or Car with Warranty of Title is a vital document for buyers and sellers involved in the transfer of vehicle ownership. It confirms the legality of the transaction, provides information about the vehicle, and offers assurance that the vehicle comes with a clear title.
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.