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Arkansas Simple Bill of Sale for Personal Property Used in Connection with Business

State:
Multi-State
Control #:
US-00167
Format:
Word; 
Rich Text
Instant download

Description

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.

The Arkansas Simple Bill of Sale for Personal Property Used in Connection with Business is a legal document used to transfer ownership of personal property that is related to a business transaction. This bill of sale is specifically designed for use in the state of Arkansas and ensures a clear transfer of ownership and protection for both the buyer and the seller. Keywords: Arkansas, Simple Bill of Sale, Personal Property, Business, Ownership, Transfer, Legal, Protection. Different types of Arkansas Simple Bill of Sale for Personal Property Used in Connection with Business include: 1. Arkansas Simple Bill of Sale for Equipment Used in Connection with Business: This specific bill of sale is used for the transfer of ownership of equipment or machinery that is utilized in the operation of a business. This can include items such as office equipment, manufacturing machinery, or specialized tools. 2. Arkansas Simple Bill of Sale for Vehicles Used in Connection with Business: This type of bill of sale is specifically designed for the transfer of ownership of vehicles that are used in connection with a business. This can include company cars, trucks, vans, or any other type of vehicle that is used for business purposes. 3. Arkansas Simple Bill of Sale for Inventory Used in Connection with Business: This bill of sale is used to transfer ownership of inventory or stock that is used in the operation of a business. This can include items such as retail goods, raw materials, or any other type of product that is bought and sold as part of a business. These different types of Arkansas Simple Bill of Sale for Personal Property Used in Connection with Business cater to specific needs and help ensure a smooth and legally binding transfer of ownership for various types of personal property used in business transactions.

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FAQ

The state of Arkansas provides a document for vehicles, but you can also draft your own bill of sale for a car. Bills of sale do not require notarization. All bills of sale in Arkansas, however, must contain the following information: The names, contact information, and signatures and the buyer and seller.

You should include:Land or real estate location.Property description.Sale date.Sale price for the land or real estate.Contact information for the buyer and seller.Terms and conditions of the sale (for example, the buyer accepts property as is)

A new tag must be purchased at the regular sixty-five dollar ($65.00) fee if the owner looses the plate; or if the owner disposes of the trailer to which it is registered, such owner cannot transfer the plate to a newly acquired trailer, but must purchase a new plate at the sixty-five dollar ($65.00) fee.

Trailers are required to be registered but not titled. If you buy a boat motor and trailer, the only thing titled is the motor, the boat and trailer is registered but not required to have a title.

An Arkansas trailer bill of sale plays an important role in transferring ownership of a used trailer in the state. This way, both the seller and the buyer obtain essential guarantees. To register your trailer, you will need to prove that you are its new owner.

Apply for Replacement TitleArkansas residents can apply at any state revenue office. Please allow a minimum of three weeks processing time to receive your title. Charles D.Out of state applicants can download a title application form from this web site. You may also call 1-501-682-7076 to request a form.

What You'll Need to Register your Vehicle in ArkansasProof of ownership.A signed copy of your lien agreement.A completed Vehicle Registration Application (Form 10-381) which acts as both regustration and titling application.State of Arkansas Vehicle Bill of Sale Odometer Disclosure Statement Form (Form 10-313)More items...

You should include the following information in your Bill of Sale:Seller and buyer information.Region and county.Item being sold and its description.Price, sales tax, and form of payment.Loans and liens on the item, if applicable.

On this form, you enter basic vehicle information like the year, make, and model plus the odometer reading, the purchase price, and signatures from both the buyer and the seller. While a bill of sale isn't required for every private party vehicle sale in Arkansas, it's always a good idea to have one.

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Drafting a bill of sale is a legally binding document that may provide evidence of the sale of your personal property. Learn more. The bill of sale is a record of the transaction, serving as an invoice and receipt, and outlines any guarantees or conditions attached to the sale. For the ...Proof that personal property taxes due by the previous October 15th have been paid. Acceptable proof is either your receipt from your county tax collector, or ... The receipt, often a stamp, is used to verify that a driver owes no personal property taxes on the vehicle. Again, because no taxes are due at ... Primary Document (Arkansas Title, Bill of Sale, Manufacturer Statement of Origin, Out of State Title) · Insurance Card · Federal Odometer Statement · Personal ... You can use a bill of sale to document a variety of purchases,when you sell personal property like clothes, furniture, or even a puppy. The back of title must be completed with purchase price, date of sale, odometer reading, as well as the print and signatures of seller(s) and buyer(s) name. The ... Personal Property - Under Arkansas law, A.C.A. § 26-1-101, personal property is defined as ?Every tangible thing being the subject of ownership, ... Types of Sales the Rule Doesn't Cover; The Seller Must Tell You About YourNote: The contract or receipt must be in the same language that's used in the ... Assess your personal property between January 1 and May 31 or be chargedNOTE: The Collector's Office does not charge a fee to use our online services.

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Arkansas Simple Bill of Sale for Personal Property Used in Connection with Business