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.
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.
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.
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.
If you buy from an individual, you'll need to have them sign over the title. Some states don't require a title for trailers, but Pennsylvania does. You will also need to fill out your registration application.
Does a bill of sale have to be notarized in Pennsylvania? No. A vehicle bill of sale for a private party transfer does not need to be notarized.
Although not legally required in Pennsylvania, a Bill of Sale should include the following information: Year, Make and Model of the Vehicle. Vehicle Identification Number (VIN) Date of Sale.
In most cases, you will need the services of an authorized PennDOT agent or the Bureau of Motor Vehicles to assist you in transferring the title. The authorized PennDOT dealer, agent, or online title/registration processor must send the title application directly to PennDOT.