I, [Sender.FirstName] [Sender.LastName] (Seller) of [Seller Address] certify that I am the legal owner of the following car or vehicle:
and that I have full authority to sell it to [Client.FirstName] [Client.LastName] (Purchaser) of [Purchaser Address] in the form of [Dollar Amount]. I hereby grant, sell, and transfer full ownership of this automobile to the Purchaser.
The Seller warrants that the vehicle is sold in "AS IS" condition and is free of all liens, encumbrances, fees, taxes, and liabilities except those listed on the Title.
The Purchaser acknowledges receipt of the following items, as indicated by checkmark:
The Purchaser has paid, and the seller confirms receipt of [Dollar Amount] as payment toward the car or vehicle described above. There is a balance of[Balance Dollar Amount] remaining to complete the purchase. [Remaining Dollar Amount] is due and payable to the Seller on or before[Due Date].
The Purchaser and Seller both acknowledge receipt of the deposit being paid toward the automobile as described herein and acknowledge that, as of the date indicated, the entirety of the above is accurate. In signing below, both parties agree to the sale of the vehicle and the terms listed above.
[Client.Company]
[Client.FirstName] [Client.LastName]
Signature
MM / DD / YYYY
[Sender.Company]
[Sender.FirstName] [Sender.LastName]
Signature
MM / DD / YYYY
A vehicle or car bill of sale acts as proof of purchase for the sale of a vehicle and in lots of jurisdictions, it is a required legal document.
A bill of sale is essentially a receipt, and protects both the buyer and the seller if any problems arise at a later stage.
In the vast majority of cases, a seller must provide you with a bill of sale. A transaction will likely be invalid if both parties do not sign one.
If you are purchasing or selling a vehicle, you should always use a bill of sale. If any issues arise at a later date, a bill of sale will act as legal confirmation of the transaction.
A bill of sale should include the names of the seller and buyer, vehicle details, a statement of agreement between both parties regarding the sale, and the amount paid.
A bill of sale should also be signed by both parties and each should have a copy of the document.
In some circumstances, a bill of sale needs to be registered with the appropriate authority. In others (and depending on local regulations), only a title of ownership is required.
A bill of sale does not usually require notarization or the presence of a witness. Jurisdictions have different laws, so it’s important to check and adhere to local regulations.
A small handful of US states, including Louisiana and New Hampshire, require vehicle bills of sale to be notarized.
A vehicle bill of sale is a straightforward document and a template is usually sufficient. A template written by an expert is preferable to a document written from scratch.
If you are selling or buying a car independently, rather than through a dealership, using a template will ensure that you cover all the legal necessities.
You will usually receive several other documents when purchasing a vehicle. These may include a service package, warranty, and any paperwork related to the vehicle itself, like the title.
This depends on the state you're residing in. For example, some states in the U.S. require a bill of state as part of your other documents. Some do not. A bill of sale in itself is not a document through which a sale is completed, it is merely an added proof of the sale.
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This Vehicle Bill of Sale template acts a sample receipt and sets out the payment information and method of a vehicle being sold as well as descriptive information of the vehicle.
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