Notary public - a third party who notarized the bill of sale if it applies to a specific purchase and sale deal ħ. Payment - the fee details (e.g., the agreed price, payment deadlines, and payment methods) Ħ. VIN code - a Vehicle Identification Number of 17 digits and letters that ensures the vehicle validity if you work on a vehicle bill of sale ĥ. Item description - the complete information on the item: size, model, color, its current conditions Ĥ. Buyer or purchaser - the person who is going to buy the goods ģ. Seller - the person who is selling the item Ģ. In certain states, you should notarize the bill of sale.Īlthough proofs of purchase can be brief, they must include the following specific definitions and details:ġ. This ownership transfer procedure is necessary everywhere across the U.S. If you want to transfer ownership of the item to another person, you will need a well-prepared bill of sale printable to register the new title. When the notary witnesses the proof of sale, it will be easier to register a new owner with state authorities and protect both parties’ rights and interests. If you agree to buy or sell an item in its present condition, even with flaws, you should use an “as-is” proof of sale.Ī notarized bill of sale sample allows for legal ownership transfer under a notary’s control, so it is strongly recommended for items purchased or sold worth more than $500. Equipment - technical, medical, educational, sports, etc.īills of sale can be “as-is” or notarized. Animals - dogs, cats, horses, livestock, etc. Vehicle - a car, boat, trailer, motorcycle, bicycle, aircraft, moped or scooter, tractor, all-terrain vehicle (ATV), etc. Here is the list of common subjects of proof of sale: To regulate the buying and purchasing process, first, you need to know, “what is a bill of sale?” Here is a guide for how to make a bill of sale that you can rely on with peace of mind and use in your future deals. Plus, revenue agencies charge these objects with sales tax. vehicles, animals and pets, personal property like furniture or equipment, firearms, etc.). To establish the new rights legally, you will need this simple bill of sale to purchase or sell valuable items of more than $500 (e.g. The Colorado bill of sale form is a type of receipt used to transfer the ownership of an item in exchange for money or trade between a buyer and seller.
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