This form is a simple model for a bill of sale for personal property used in connection with a business enterprise. Adapt to fit your circumstances.
This form is a simple model for a bill of sale for personal property used in connection with a business enterprise. Adapt to fit your circumstances.
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Even if you find a buyer who is willing to buy the trailer without a title, you may be open to legal risks. The previous owner of the trailer could file a theft report, and the buyer could be arrested for possession of stolen property.
A bill of sale can be stored as a printed physical version or in digital format.
What is included in a bill of sale? Buyer and seller details. You should include their full names, addresses, and contact information. Description of the item being sold. The sale agreement. Location and date of sale. Terms and conditions of the transaction. Buyer's signature and seller's signature.
Getting a bill of sale notarized isn't always required, but it's often worth the effort. Notarization provides solid proof of agreement and can protect you in legal disputes. Always check local DMV requirements for specific transactions to avoid potential issues.
Trailers that weigh less than 1,000 lbs. are not titled. If your trailer weighs 1,000 pounds or more, unloaded, DMV's Division of Field Investigation staff will affix the vehicle identification number to the trailer after examining it.
For used trailers, less than 4,000 pounds a bill of sale, and a copy of the registration are required. Any trailers that exceed a gross weight of over 7,500 pounds are required to pass the State of Texas' annual safety inspection.
Get a bill of sale from a regulatory agency. Many government agencies, like the Department of Motor Vehicles, for instance, offer bill of sale forms for public use. Using a form directly from a government agency ensures that you have all of the information required for your state.