West Virginia Simple Receipt to Seller from Buyer

State:
Multi-State
Control #:
US-134052BG
Format:
Word; 
Rich Text
Instant download

Description

A receipt is a written acknowledgment by the recipient of payment for goods, payment of a debt or receiving property from another.

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FAQ

In order to properly complete a West Virginia title upon sale, follow these instructions: SELLER / REGISTERED OWNER TITLE TRANSFER: If there is a lien on the front of the title, it must be completely released and notarized.

All West Virginia bills of sale should include:A description of the item.The legal name and physical address of the buyer and the seller.The date of the sale.The selling price.A seller's and buyer's certification that the information included is true to their knowledge.More items...

All West Virginia bills of sale should include:A description of the item.The legal name and physical address of the buyer and the seller.The date of the sale.The selling price.A seller's and buyer's certification that the information included is true to their knowledge.More items...

SELLER AND BUYER MUST COMPLETE THE ENTIRE DOCUMENT, SIGN, AND HAVE IT NOTARIZED. THE OWNERSHIP STATUS OF THE VEHICLE, TRAILER, OR BOAT NAMED HEREIN, WILL NOT CHANGE UNTIL THE BUYER APPLIES FOR AND IS ISSUED A CERTIFICATE OF TITLE.

SELLER AND BUYER MUST COMPLETE THE ENTIRE DOCUMENT, SIGN, AND HAVE IT NOTARIZED. THE OWNERSHIP STATUS OF THE VEHICLE, TRAILER, OR BOAT NAMED HEREIN, WILL NOT CHANGE UNTIL THE BUYER APPLIES FOR AND IS ISSUED A CERTIFICATE OF TITLE.

In order to properly complete a West Virginia title upon sale, follow these instructions: SELLER / REGISTERED OWNER TITLE TRANSFER: If there is a lien on the front of the title, it must be completely released and notarized.

Does a bill of sale have to be notarized in West Virginia? Yes. The seller and buyer need to complete and sign the West Virginia's official bill of sale, form DMV-7-TR, in front of a notary.

The state of West Virginia requires a bill of sale for private cars if the vehicle is purchased from an individual and the purchase price is below 50% of the current NADA Clean Loan Book value. If this is the case and you do not complete a bill of sale, you'll be taxed at the vehicle's full NADA Clean Loan Book rate.

A Bill of Sale typically includes: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"The item's price (including sales tax)More items...

Selling a car in West Virginia is straightforward. You will need the certificate of title and Bill of Sale, at minimum. Some buyers will ask to see maintenance records, a vehicle history report, and the owner's manual. Note that safety inspections are not required but can help attract buyers.

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West Virginia Simple Receipt to Seller from Buyer