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.
While a bill of sale certifies a transfer of ownership between two parties, a title certifies the buyer's legal ownership.
Titling requirements for manufactured homes vary by state. In most cases, manufactured homes are initially titled as personal property but can be re-titled as real property if you also own the site. This process is typically handled by your state's department of motor vehicles (DMV) or equivalent agency.
If you find yourself without your car title, the best place to begin the replacement process is by determining your state's requirements for title replacement. From there, you should do the following: Secure Proof of Ownership. Your car's registration, a bill of sale, and so forth should be sufficient in most states.
It is important to note that a bill of sale does not necessarily indicate total ownership of a vehicle. While it can help protect you from malicious lawsuits, true ownership is generally only able to be proven with possession of a title.
When selling a mobile home the title must be transferred at a Minnesota Department of Motor Vehicle Office. A mobile home title transfer is the same process as a vehicle transfer, with the exception no sales tax is collected. All other title fees apply.
Minnesota law states that private sellers of vehicles do not need a Bill of Sale. Some private owners opt to create a Bill of Sale to protect themselves and the buyer. At a minimum, a Bill of Sale should have the following information on it: Year, Make and Model of the Vehicle.
Minnesota Title Transfer Provide the Minnesota title for the vehicle to be transferred. All owners listed on the title must sign the title. Provide the mileage as it appears on the odometer. Provide the name and address of the lien holder, if applicable. Provide the name of the insurance company and the policy number.
To register a large trailer over 4,000 pounds, such as a semitrailer or travel trailer, you can use the title to prove the transfer of ownership. If you buy a small non-titled trailer, you need official documentation, such as a Minnesota trailer bill of sale, to prove that you own the vehicle.
Notarization isn't always required for a bill of sale in Minnesota. However, for certain transactions, such as the sale of a motor vehicle, notarizing the document can provide additional legal protection.