Nebraska Bill of Sale of Automobile or Car with Warranty of Title is a legal document used when buying or selling a motor vehicle in the state of Nebraska. It serves as proof of ownership transfer from the seller to the buyer and provides a warranty of title, ensuring that the seller has the legal right to sell the vehicle. The Nebraska Bill of Sale of Automobile includes important information such as the names and addresses of the buyer and the seller, the vehicle details (make, model, year, VIN), the purchase price, and the date of sale. Additionally, it contains a clause guaranteeing that the seller holds a clear and unencumbered title to the vehicle, meaning there are no outstanding liens, loans, or other legal claims against it. By signing the Nebraska Bill of Sale of Automobile with Warranty of Title, the seller guarantees that they are the rightful owner of the vehicle and have the authority to sell it. They also confirm that the vehicle's title is valid and will be transferred to the buyer free and clear of any liens or claims. It's essential to pay attention to the different types of Nebraska Bill of Sale of Automobile or Car with Warranty of Title, as they may vary depending on specific circumstances: 1. Private Party Sale: This type of bill of sale is used when an individual sells a vehicle to another individual without involving a dealership or a business. Private party sales are common among friends, family members, or independent sellers. 2. Dealership Sale: When purchasing a vehicle from a licensed dealership in Nebraska, the dealership will provide its own bill of sale, which includes additional information specific to the transaction. 3. As-Is Sale: While not a specific type of bill of sale, an "as-is" sale refers to the condition of the vehicle. If a seller is selling a vehicle without any warranties as to its condition, they must explicitly state this in the bill of sale. In such cases, the buyer accepts that they are purchasing the vehicle without any guarantee from the seller regarding its condition or future repairs. The Nebraska Bill of Sale of Automobile or Car with Warranty of Title serves as a legally binding agreement between the buyer and the seller, protecting both parties during the vehicle sale process. It is crucial for both the buyer and the seller to retain a copy of the signed bill of sale as proof of the transaction.