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Both the buyer and seller should receive copies of the bill of sale form. It's important for the buyer to keep the bill of sale with the title of the vehicle for registration and licensing purposes, if necessary. However, all parties should keep them for their own personal records.

A bill of sale has been defined as a legal document made by the seller to a purchaser, reporting that on a specific date at a specific locality and for a particular sum of money or other value received, the seller sold to the purchaser a specific item of personal property, or parcel of real property of which he had

Does a bill of sale need to be witnessed and notarized? Most states do not require a notary to witness the signing of a bill of sale.If the buyer and seller are in different locations and want to have the document notarized, they will each need to have it notarized separately.

Date of vehicle sale. The seller's full name and address. The buyer's full name and address. Purchase amount. The vehicle's year, make and model. The vehicle identification number (VIN).

Check Date of purchase and/or agreement. check Buyer's name and signature. check Sellers's name and signature. check Vehicle description (including make, model, VIN and year)

If you are gifting the car to a relative or a friend, you are likely to be required to write a bill of sale for gifting a car.You'll need to make sure you have no outstanding liens on your car. If you owe money on your car, you'll have to pay off that money before you can transfer the title and write the bill of sale.

A bill of sale should, at a minimum, include information identifying the parties to the transaction (the buyer and seller), the total purchase price, and a specific description of the item that was sold.Sales of motor vehicles should also include the odometer reading at the time of the transfer between parties.