Bill Of Sale Save JPG For Free

If your state doesn't provide a bill of sale, you can write one with key information about the vehicle and sale.

A bill of sale is more akin to a receipt rather than a contract. Since it is such a simple document, there is no way to truly enforce it.

Sellers can draft a bill of sale on their own, but it's often helpful to use a template. While there are no universal formats or rules for what a bill of sale should look like, the document should include the names of the seller and buyer, a description of the item being sold, and the date of the sale.

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.

"For and in consideration of the sum of vehicle sale price U.S. dollars, paid by form of payment, the receipt and sufficiency of which is hereby acknowledged, seller's name, presently of seller's full current address, does hereby sell, assign and transfer to buyer's name, presently of buyer's full current

The bill of sale, as a rule, is drafted by the seller and includes the details of the transaction. It protects both the buyer and the seller, should disagreements arise in the future.

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.