Carl Glendon

How To Write A Vehicle Bill Of Sale?

Vehicle Bill of Sale Templates are needed for all kinds of vehicle sale transactions. It may be regarded as a written agreement between a buyer and an owner for vehicle sale and transfer of ownership by accepting specific compensation for the same. The owner has to prove the ownership of the vehicle during sale and bears complete responsibility for any dispute related to the ownership at a specific date in the future. While writing such a document, you have to include all these pieces of information.

Contact information

Make sure that you include the contact details of the buyer as well as the seller.

Time and date

Unless you write down the date of writing the contract, and the exact time for it as well, it will be regarded as invalid.

Vehicle information

Next, you have to include various details about the vehicle - such as mileage, model, make and color, as well as its identification and registration numbers, its location etc. This is possibly the most important section of any auto bill of sale form.

Equipments

You should also write down about the types of equipments that are transferred at the time of selling the car.

Ownership information

If you are the original owner of the vehicle, you have to write down that you are its actual owner and have to submit information that proves your true ownership. For more information about getting a free bill of sale, please visit this website.

Payment information

It is necessary to write down about the mode of payment, so that it can easily be known how to pay for the vehicle.

Warranty

You also need to offer guarantee and warranty on the vehicle that is being transacted.

Signature

Finally, you have to sign the document. This type of document has to include the signature of both parties, that of the seller as well as of the buyer. To learn more about drafting a bill of sale for car in TN online, visit this website.

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 legal documents news blog. Please visit this site to get a sample bill of sale in Arkansas.