Carl Glendon

3 Mistakes That You Should Avoid While Preparing a Car Bill Of Sale

A bill of sale is an important document that shows that a transaction has occurred and there has been a change of ownership related to an item or asset, which could be a car, a boat, a horse etc.

It is very essential to take care of many important things while preparing a car bill of sale in Oklahoma. These are three important mistakes that you should avoid while preparing such a document.

Don't forget to give a date to the document

Unless you give a proper date, the document will not be regarded as a valid in a court of law. It shows that the transaction occurred on a specific day, at a specific time. Many people who prepare a car bill of sale document forget to include this important thing, even when they put in all the other information properly. So this is one area that you should always be concerned about.

Don't forget the important sections

These include sections like names, signatures, description of the item or asset that is the subject of transaction etc. You can find car bill of sale free template online that can be customized for your specific requirements, so as to make it full proof and fit to be used for establishing the legality of the transaction.

Generally, these include all the important sections without missing out key details. The legal terms used in these templates are also accurate. It is important for you to find a document specific to your County or state.

Don't forget witnesses

In many states, it is necessary to have people serve as witnesses to the transaction. In others, it is not necessary. In any case it is a good idea for you to have at least two people act as witnesses to the transaction and put in their own signatures to the document, in order to make it absolutely watertight and legally valid.

You can be assured that the validity of such kind of a document will not be questioned in a court of law at a later time. Whether you are the seller or the buyer of a car, you can breathe easy.

About Author

Carl writes often about legal drafting, rental & commercial lease agreements, power of attorney, Bill of Sale and help the people in such document needs. Please visit this site to ??get a sample car bill of sale free template.