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Rhode Island Promissory Note in Connection with Sale of Vehicle or Automobile

State:
Rhode Island
Control #:
RI-00431-D
Format:
Word; 
Rich Text
Instant download

Description Ri Sale Automobile

This form is a Promissory Note in connection with the sale of a vehicle where the Buyer is to pay a portion of the purchase price over time.

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Ri Note Sale Other Form Names

Note Sale Vehicle   Rhode Island Promissory Note   Promissory With Automobile   Note With Vehicle   Promissory Sale Vehicle   Promissory Connection Vehicle   Note Vehicle Automobile  

Rhode Island Promissory FAQ

The date of the sale. A description of the car, including its: Year, make and model. The selling price of the car. If the car is a gift or partial gift, you should still create a bill of sale. Warranty information. The full names, addresses and signatures of the buyer and seller.

Write the title "Bill of Sale" at the top of the paper. Write the buyer's full name and address under the title of "Buyer." Write the seller's full name and address under the title of "Seller." Write down the year, make, model, color, current odometer reading, and Vehicle Identification Number from the vehicle.

The Bill of Sale should include all the basic information about the car, such as year, make, model, VIN number, color; it must also include the purchase price.

Vehicle title: In Rhode Island, you'll need to fill out a title transfer if you are selling a car of model year 2001 or newer. Bill of sale: As the seller, you will need to furnish the buyer with a Rhode Island bill of sale.

The full names and contact information of the buyer and seller. A statement that transfers ownership of the item from the seller to the buyer. A complete description of the item being purchased. A clause indicating the item is sold "as-is"

A Rhode Island bill of sale for a motor vehicle doesn't need to be notarized, but you can have it notarized if you'd like to do so.

After the transfer is done, the number of days the plates can be used prior to registration is as follows: RI Dealer: 20 calendar days from date on bill of sale. Out-of-state Dealer: 72 hours from date on bill of sale. Private Party: 48 hours from date on bill of sale.

The date the Rhode Island bill of sale is created should be at the top of the page. You'll need the legal name and physical address for both the buyer and the seller. Next, you'll insert the description of the item. The next provision is the terms of sale.

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Rhode Island Promissory Note in Connection with Sale of Vehicle or Automobile