Tuesday, October 17, 2017

What is an Automobile bill of sale?

This document is generally used to make the purchase legal.  It is relevant for exchanging of a car, motorcycle or any other vehicle. The agreement is concluded between two parties: a seller and a purchaser. The second one gets the car in exchange of a certain amount of money. It necessary to fill out the form which you can find here http://www.find-forms.com/ in order to present it to the state or to keep for your own records. No matter you are buyer or a seller, don’t sign the agreement without a copy of the bill. In other case, you leave yourself open to legal issues or other problems down in line. The document should be completed according to the requirements of the state. However, even if you live in the country, where this document is not necessary, it’s advisable to prepare it for international exchange.

What to include in Automobile bill of sale?

Write down all the general information about the transaction, including:

  • Seller’s and buyer’s contacts. This section includes full names of the both parties. It should mentioned if any third parties are involved.
  • Location. The country and state in which the car was sold.
  • A description of the vehicle and its identification number (VIN).
  • Warranty. Any warranty that may have been agreed upon.
  • The final sale price of the automobile.
  • Price. Accurately specify the final price of the vehicle, all the expenses connected to the deal and total costs.
  • Form of payment. It may be cash, personal check, certified check, money order, etc


source https://medicalreleaseform.tumblr.com/post/166497547361

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