Georgia Bill of Sale of Goods or Personal Property

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Multi-State
Control #:
US-02596BG
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Word; 
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Description

Real property is land and anything permanently attached to it like buildings or trees. Personal property generally includes everything else. Personal property includes rights that are intangible, such as accounts receivable or intellectual property such as a patent or trademark. It also includes movable property. Movable property includes things you can touch, such as furniture, car, and a computer.

A bill of sale is a document that transfers ownership of an asset from a seller to the buyer. It can also serve as a basic agreement for sale of goods, and a sales receipt.

The Georgia Bill of Sale of Goods or Personal Property is a legal document that serves as proof of the transfer of ownership of goods or personal property from a seller to a buyer. It outlines the specific details of the transaction, including the purchase price, description of the item(s) being sold, and any terms or conditions agreed upon by both parties. In Georgia, there are various types of Bills of Sale of Goods or Personal Property, each catering to different scenarios or categories of property. These include: 1. General Bill of Sale: This is the most common and versatile type of bill of sale, applicable to a wide range of goods or personal property such as furniture, electronics, clothing, and household items. It provides a detailed description of the item(s) being sold, the buyer and seller's information, and the purchase price. 2. Vehicle Bill of Sale: Specifically designed for the sale of motor vehicles, including cars, motorcycles, boats, or recreational vehicles. It requires vehicle-specific information like the make, model, year, VIN (Vehicle Identification Number), mileage, and any relevant warranties or disclosures. 3. Firearm Bill of Sale: An essential document for firearm transactions in Georgia, this type of bill of sale encompasses the sale and transfer of firearms, including handguns, rifles, shotguns, and other firearms. It includes firearm details like make, model, serial number, caliber, and the buyer and seller's information. 4. Livestock Bill of Sale: Primarily used in agricultural or farming transactions, this bill of sale is specifically for the sale of livestock, including cattle, horses, pigs, poultry, and other animals. It outlines details such as the type, breed, quantity, age, health status, and any accompanying registration or identification documentation. 5. Business Bill of Sale: Specifically tailored for the sale of a business or its assets. It covers the transfer of ownership of equipment, inventory, intellectual property, client lists, and other assets. A business bill of sale typically involves additional provisions protecting both the buyer and seller's interests, such as non-compete agreements or seller financing arrangements. When creating a Georgia Bill of Sale of Goods or Personal Property, it is important to include relevant keywords such as "Georgia," "Bill of Sale," "Goods," "Personal Property," "transferring ownership," "buyer," "seller," "purchase price," "description," and specific keywords related to the type of property being sold (e.g., "vehicle," "firearm," "livestock," "business"). These keywords help ensure the document is accurate and comprehensive, catering to specific legal requirements and facilitating a smooth transaction between the parties involved.

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FAQ

Does a bill of sale have to be notarized in Georgia? There is no requirement to have a bill of sale for a vehicle notarized in Georgia.

Does a bill of sale have to be notarized in Georgia? There is no requirement to have a bill of sale for a vehicle notarized in Georgia.

A bill of sale, as well as an odometer disclosure statement, are required in the State of Georgia when registering a vehicle under new ownership at the Tax's Commissioner's Tag Office.

What to Include on a Georgia Bill of SaleMake, model, and year of manufacture of the vehicle.Odometer reading at the time of sale.Vehicle identification number.Seller and buyer's respective names and addresses.Total purchase price of the vehicle.Buyer and seller's signatures.

Your full name and address. the buyer's full name and address. the vehicle's year, make, model, identification number and mileage. acknowledgement of any liens held on the vehicle.

In Georgia, a bill of sale for a car does not need to be notarized. Like the state form provided, any hand-drafted bill of sale will have to contain the following information: The names, contact information, and signatures of the seller and the buyer. The year, make, and model of the vehicle.

According to Georgia law, residents can use a bill of sale to transfer vehicle ownership but may not use it to obtain an original title. Under Georgia law, residents cannot use a bill of sale to obtain a Georgia title unless their vehicles fall within Georgia's titling exceptions.

In Georgia, a bill of sale for a car does not need to be notarized. Like the state form provided, any hand-drafted bill of sale will have to contain the following information: The names, contact information, and signatures of the seller and the buyer.

Yes, according to Georgia's Department of Revenue, a Bill of Sale is required for all private party vehicle sales in Georgia. The buyer will need this when they register and title the vehicle in their county and this legally will help protect the seller in the future.

More info

This Bill of Sale Georgia PDF template shows the execution date of the bill, the amount of the property, the type of payment method the buyer ... Date of purchase · Name and address of seller and of buyer · Amount paid for the transfer of ownership · Description of the assets being transferred · Guarantee ...There is no single format for a bill of sale, but it needs to clearly state that your business is transferring ownership of the property to the buyer. In ... A bill of sale for use in Georgia when the seller's personal property is included in the sale of commercial real property. This bill of sale ... Before me, the undersigned authority, on this day appeared. name of seller, known to me to be the person whose name is subscribed to the foregoing instrument, ... Use a general bill of sale to buy or sell personal property. This form can be used to transfer ownership of any valuable item between a buyer and seller. A bill of sale is a document that transfers ownership of goods from one person to another. It is used in situations where the former owner transfers ... Parts of a bill of sale · 1. The date of the sale · 2. The names and addresses of the buyer and seller · 3. A description of the asset being ... Motor vehicle when, in a single transaction, tangible personal property (not real property) is traded as part of the motor vehicle sale. If the sale is ...4 pages motor vehicle when, in a single transaction, tangible personal property (not real property) is traded as part of the motor vehicle sale. If the sale is ... Please also provide a bill of sale, trade in document or other documentation. If you have purchased any marine craft in the previous year, please attach a copy ...

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Georgia Bill of Sale of Goods or Personal Property