– The Buyer should be provided with the original document, and a copy should be made and provided to the Seller.A bill of sale comes in handy when selling items, such as a used car, to another party. Once signed, it will go into effect on the effective date specified in the document. – Make sure that this Bill of Sale document is completed and signed by both parties. IN WITNESS THEREOF, the parties executed this Bill of Sale on _, _The Seller furthermore affirms that the odometer reading is not the actual mileage. The Seller hereby certifies that, to the best of the Seller’s knowledge, the current reading of the vehicle’s odometer is _miles. Failure to comply may result in fines, imprisonment, or other penalties. The Buyer has been given the opportunity to inspect or has inspected, the vehicle described above and agrees to purchase it in its existing condition.įederal and State law mandate that upon transfer of ownership the Seller explicitly states the correct mileage of the motor vehicle being transferred. The sale and transfer of this motor vehicle is made on an “AS IS” basis, without any express or implied warranties, with no recourse to the Seller, provided that Seller can issue proof that it has title to the vehicle without any liens or encumbrances. The Seller hereby affirms that the above information about this vehicle is accurate to the best of his/her knowledge, and by his/her signature below certifies s/he is the lawful owner of the vehicle with the ability to sell it as s/he sees fit. Upon signing this Bill of Sale, the above-mentioned vehicle shall belong exclusively to the Buyer, and the Seller shall have no further responsibility for, liability towards or interest in, said vehicle.
The vehicle transfer shall take effect immediately upon execution of this Bill of Sale by both parties.
The form of payment used will be cash and sales tax is included in the purchase price of the vehicle. THIS BILL OF SALE is executed on _, by and between _, residing at _ (hereinafter referred to as the “Seller”) and _, residing at _ (hereinafter referred to as the “Buyer”).įOR AND IN CONSIDERATION of a total purchase price of $_ (_ Thousand Dollars), receipt of which is hereby acknowledged by Seller, Seller hereby agrees to transfer to Buyer all rights of Seller in the following motor vehicle: docx) Vehicle Bill of Sale by Owner Sample Document (PDF) Vehicle Bill of Sale by Owner Sample Document (word.
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