Carl Glendon

How to Create the Perfect Vehicle Motor Bill Of Sale

If you are planning to resell your vehicle and expecting to earn anywhere around or over 500$ from the sale, it is imperative that you create a vehicle bill of sale to protect your interests and the interest of the buyer as well. Bill of sale is nothing but a legal document that verifies...

• Transfer of ownership of the vehicle from the seller to the buyer
• The cost of the vehicle at the time of sale
• Complete and verified true information about the vehicle

A motor vehicle bill of sale has innumerable uses and benefits to sellers and buyers alike. As far as the sellers are concerned, the bill of sale can help in determining tax that needs to be paid following the sale, offering as-is protection and relieving sellers from all liabilities. In the part of buyers, the bill of sale verifies and establishes their ownership while offering legal protection against possible fraud and implied warrantees.

Given the importance of a vehicle bill of sale per se, it is imperative that it is drafted the right way so that both buyers and sellers can benefit from the same as intended. Here are a few effective tips that can help in this direction...

• Start with downloading proper legal bill of sale forms from dependable legal sites. Legal forms from online sites are often available for free and contain all necessary sections that are mandatory for the sellers to fill. With these forms, you will never forget to add essential details that may otherwise render the bill null and void.
• After filling the bill of sale with all necessary inputs, you will have to ensure signature of both parties on the same. Motor vehicle bill of sale may not be recognized in certain states if the document does not bear attestation from both parties.
• Never forget to include witnesses to the deal. The witness can be a trusted individual chosen by the buyer or a notary. A vehicle / car bill of sale that does not bear the signature of a witness may be considered incomplete depending upon applicable state laws. Please visit this site to get a sample property bill of sale.

Author Resource:-

Carl writes often about legal drafting, rental lease agreement, marital separation agreement and help the people in such needs. You can find his thoughts at online free bill of sale template blog. To learn more about drafting a Louisiana bill of sale form online, visit this website.