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INSTRUCTIONS: 1. Complete in blue or black ink or print form. VEHICLE OR WATERCRAFT INFORMATION. Vehicle or Hull Identification Number. Year. Make.
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How to fill out bill of sale
How to fill out a bill of sale:
01
Start by including the date of the transaction at the top of the document.
02
Identify the parties involved in the sale – the seller and the buyer. Include their full names, addresses, and contact details.
03
Describe the item or property being sold. Provide as much detail as possible, including make, model, year, color, VIN or serial number, and any distinguishing features.
04
State the agreed-upon purchase price in both numerical and written form, ensuring accuracy and clarity.
05
Specify the payment method and terms, such as if it is a full payment upfront or if installment payments will be made.
06
Include any warranties or guarantees that are applicable to the item being sold.
07
Indicate whether the item is being sold "as-is" or if any conditions or contingencies apply.
08
Determine the agreed-upon date of transfer and make sure both parties sign and date the bill of sale.
09
Keep a copy of the completed bill of sale for your records.
Who needs a bill of sale:
01
Anyone involved in selling or purchasing a valuable item, such as a car, boat, or motorcycle, may need a bill of sale to establish legal ownership and protect both parties involved.
02
It is commonly used in private transactions where no dealership or professional seller is involved.
03
Both the seller and buyer should have a copy of the bill of sale as proof of the transaction and to resolve any potential disputes in the future.
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