Carl Glendon
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What Should Be Included in a Motor Vehicle Bill of Sale?
A motor vehicle bill of sale form can be used to prove to the local DMV (Department of Motor Vehicles) that the sale of a vehicle has taken place. This new form will be required by the new owner for the purpose of registration. It is also called a receipt of purchase, and can include various details about the vehicle that is being transacted and the entire transaction process as well. Find out what should be included in such a bill of sale form, in order to make it proper and ideal for reference purposes - if need be.
VIN (Vehicle Identification Number)
It is a unique number that is used to identify a vehicle and find out specific information about the same from the DMV records available about it. This number can aid in accurate identification of the motor vehicle in question, and find out whether it is the same that is being transacted.
Buyer / Seller information
It must also include the names and addresses of both the buyer and the seller, as well as the signatures of the same. The signatures help identify both parties, and prove that both of them gave their consent to the transaction and the change of ownership. For more information about getting a sample bill of sale, please visit this website.
Vehicle information
The make, model and year of manufacturing of the car should be mentioned in the vehicle bill of sale document. These are important details that have to be included in the bill of sale for the purpose of reference for the future owners of the same vehicle.
Sale information
The bill of sale for the motor vehicle must also have the sales details for the car, such as on which date the sale is being made or Date of Transaction (Sale Date), the amount of money for which the car is changing hands etc.
Author Resource:-
Carl writes often about online legal drafting like affidavit, bill of sale and release/ waiver agreement to help the people. You can find his thoughts at free legal contracts blog. Please visit this site to get a sample bill of sale in California.
