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South Dakota Bill of Sale of Automobile and Odometer Statement

State:
South Dakota
Control #:
SD-00431
Format:
Word; 
Rich Text
Instant download

Description South Dakota Odometer Disclosure Statement

This Bill of Sale of Automobile contains the following information: the make/model of the car, VIN number and other information. Seller guarantees that the property is his/her own and is free of all claims and offsets of any kind. The form also contains the Odometer Disclosure Statement required by Federal Law and State Law, where applicable, which must be signed in the presence of a notary public.

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FAQ

A bill of sale does not serve as proof of ownership. Only a title has that legal authority. Bills of sale serve as proof of title transfer, which buyers and sellers need for personal financial and tax records.

No, a South Dakota bill of sale is not required to register a vehicle. However, South Dakota does provide a Bill of Sale (Form MV-16) for your personal use for motor vehicle sales. You should also complete a South Dakota Application for Motor Vehicle Title & Registration (Form-0864 V 21).

Alabama. Arkansas. Colorado. Connecticut. Hawaii. Idaho. Maine. Nebraska.

Can a bill of sale be handwritten? If your state does not provide a bill of sale form, yes, you can handwrite one yourself. As long as the document includes all of the necessary parts of a bill of sale and is signed by both parties and a notary, it is valid. Some states require a bill of sale while others don't.

Most states do not require a notary to witness the signing of a bill of sale. However, by law, a notary public must witness both parties signing the document in Louisiana, Nebraska, Maryland, New Hampshire, West Virginia, and Montana. Notaries are optional in other states.

Obtain a seller's permit, at no cost, from a county treasurer or online. Remove the current license plates when your vehicle is sold. Complete a Report the Sale. The removed plates may be transferred to a newly acquired vehicle once an application is made for the title at your County Treasurer's office.

In simple terms, a bill of sale agreement is nothing more than a contract for the purchase of a vehicle between a buyer and a seller.In most cases, the contract is legally binding between buyer and seller as long as the bill of sale follows guidelines required in the state where the sale or transfer takes place.

In simple terms, a bill of sale agreement is nothing more than a contract for the purchase of a vehicle between a buyer and a seller.In most cases, the contract is legally binding between buyer and seller as long as the bill of sale follows guidelines required in the state where the sale or transfer takes place.

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.

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South Dakota Bill of Sale of Automobile and Odometer Statement