The Riverside California Bill of Sale of Automobile and Odometer Statement for As-Is Sale is a legal document that serves as evidence of the transfer of ownership of a motor vehicle in the city of Riverside, California. This document outlines the terms and conditions of the sale, including the buyer and seller's details, vehicle information, purchase price, and the acknowledgement that the vehicle is sold in its current condition ("as-is"). The purpose of the Riverside California Bill of Sale of Automobile and Odometer Statement for As-Is Sale is to protect both the buyer and the seller by establishing a clear record of the transaction and releasing the seller from any future liabilities or responsibilities related to the vehicle after the sale is complete. It also includes an Odometer Statement, which discloses the vehicle's mileage at the time of the sale, ensuring transparency and preventing fraudulent odometer readings. Different variations or types of the Riverside California Bill of Sale of Automobile and Odometer Statement for As-Is Sale may exist depending on specific circumstances. These variations may include: 1. Standard Riverside California Bill of Sale of Automobile and Odometer Statement for As-Is Sale: This is the most common type of bill of sale used for straightforward transactions involving the sale of a motor vehicle in Riverside, California. It includes all the necessary information required by the state law to document the sale. 2. Riverside California Bill of Sale of Automobile and Odometer Statement for As-Is Sale with Liens: This type of bill of sale is used when there is a lien holder involved in the sale. It includes additional fields to include the lien holder's information to ensure proper documentation of lien release upon payment. 3. Riverside California Bill of Sale of Automobile and Odometer Statement for As-Is Sale with Multiple Sellers or Buyers: In situations where there are multiple sellers or buyers involved in the transaction, this type of bill of sale provides enough space to include all parties' information and signatures. 4. Riverside California Bill of Sale of Automobile and Odometer Statement for As-Is Sale with Notary Acknowledgement: Some transactions may require notarization to ensure authenticity. This type of bill of sale includes a section for notary acknowledgement, where a notary public can formally witness and authenticate the signatures on the document. It is crucial to select the appropriate type of Riverside California Bill of Sale of Automobile and Odometer Statement for As-Is Sale based on specific circumstances and requirements. Using the correct form ensures compliance with relevant laws and regulations while safeguarding the rights and interests of all parties involved in the transaction.
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.