The Delaware Bill of Sale of Mobile Home with or without Existing Lien is a legal document that records the transfer of ownership of a mobile home, along with any existing liens, from one party to another. It is an essential document used in the sale or purchase of a mobile home in Delaware. When drafting the Delaware Bill of Sale of Mobile Home, several key elements should be included to ensure its validity and comprehensiveness. These elements include: 1. Parties Involved: The bill of sale should clearly state the names and contact information of both the buyer (purchaser) and the seller (vendor) involved in the transaction. 2. Description of the Mobile Home: The document should provide a detailed description of the mobile home being sold, including its make, model, year of manufacture, vehicle identification number (VIN), and any other relevant identifying information. 3. Purchase Price: The agreed-upon purchase price of the mobile home should be clearly stated in the bill of sale. This amount should be written both numerically and in words to avoid any confusion. 4. Existing Lien Disclosure: If there are any existing liens on the mobile home being sold, they must be disclosed in the bill of sale. This includes the amount owed, the name of the lien holder, and any other relevant details. If there are no liens, this should also be explicitly stated. 5. Seller's Representation: The seller should make representations, warranties, and covenants regarding the mobile home being sold, such as its ownership status, that it is free from any undisclosed liens or encumbrances, and that all related documents and records are accurate and up to date. 6. Signatures and Notarization: The bill of sale should be signed and dated by both the buyer and seller to indicate their agreement and understanding of the terms. Notarization may also be required, depending on Delaware state laws. In Delaware, there is typically only one standard form of the Bill of Sale of Mobile Home with or without Existing Lien used for these types of transactions. However, it is essential to review and adhere to any specific requirements set forth by the Delaware Department of Motor Vehicles (DMV) or other governing bodies involved in mobile home sales. It is recommended that both parties retain a copy of the executed bill of sale for their records. The document serves as proof of ownership transfer, lien disclosure, and the agreed-upon terms of the sale. Additionally, it may be necessary to provide a copy of the bill of sale when registering the mobile home with the DMV or applying for a new title.