States that require a notarized bill of sale

#STATES THAT REQUIRE A NOTARIZED BILL OF SALE HOW TO#

This gives them proof of ownership as well as a record of their payment. This means they arenвЂ™t extending a warranty that everything on the car works perfectly since the vehicleвЂ™s used condition could mean there is an unknown underlying problem with a component of the car.Д«y contrast, if they sell it with a warranty, the bill of sale should spell out what theyвЂ™re guaranteeing.ДЇor the buyer, the bill of sale is a record of the transaction. ItвЂ™s a legal document that gives protection to both parties by proving the sale was completed and that property and payment changed hands.ДЇor the seller, a bill of sale is proof that the item being transferred was accepted by the buyer in the condition described.ДЇor example, if someone is selling their used car, they may wish to sell it in вЂњas-isвЂќ condition. You can think of a bill of sale as being similar to a receipt. The point of a bill of sale is to document that the sale happened and to afford protection to both sides in the event of a future dispute.

Generally, the seller writes up the bill of sale which should spell out all the details of the exchange. However, you can also issue a bill of sale when you sell personal property like clothes, furniture, or even a puppy. You can use a bill of sale to document a variety of purchases, with most people using them for cars, motorcycles, or boats.

#STATES THAT REQUIRE A NOTARIZED BILL OF SALE HOW TO#

In this post weвЂ™ll show you how to write a bill of sale. Basically, a bill of sale confirms that ownership has changed.

States that require a notarized bill of sale