How to Write a Bill of Sale



How to Write a Bill of Sale for an RV

Three Parts:

A bill of sale documents the paid transfer of goods from one individual to another. It is usually required to transfer a title when selling personal property, such as a car or recreational vehicle (RV). The bill of sale is almost always drawn up by the seller of the vehicle. Learn more about how to write a bill of sale for an RV by using templates and adjusting it according to state laws.


Steps

Sample Bill of Sale

  1. Download a sample bill of sale at rvt.com/forms/BillofSale.pdf.
  2. Notice the general details you will need to gather in order to transfer ownership.These may include the following:
    • The make, model and vehicle identification number of the RV. In most states, the odometer reading must be included as well.
    • The purchase price.
    • The seller's name and signature.
    • The buyer's name and signature.
    • Lines for witness and notary public signatures. You will need to leave space for the notary to place his or her seal on the bottom of the page. It may also require a notary oath.
  3. Consider contacting a lawyer if the RV sale is worth a lot of money.
    • Always contact a lawyer if the purchase of the RV requires a loan or lien. You want to be sure you are protecting yourself from default.

State Specific Rules

  1. Research your state's requirements for a bill of sale.Do 2 of the following research methods to ensure proper due diligence:
    • Go to DMV.org. Type in your state's name and the words "Bill of Sale" in the search bar. It should provide you with general guidelines for making your bill of sale.
    • Contact your county's Department of Motor Vehicles and/or county registrar. The registrar can usually tell you what is required in the bill of sale in order to transfer ownership.
    • Check your state's Department of Transportation website.
  2. Ensure you have the title of the vehicle in your possession.If you do not, then you will need to request additional copies.

Edit Bill of Sale

  1. Adjust the sample bill of sale to include any state requirements or restrictions.
  2. Ensure that the details on the title match the details on the bill of sale.VIN, make and model must be the same.
  3. Insert odometer information and seller information on a copy of the title, if this is required by law.Most titles come with a section to write in information when selling the vehicle.
  4. Proof your bill of sale.Ask someone else to look for errors as well. Print 3 copies when it is completed.
    • This includes a copy for you, the buyer and a copy to file.
  5. Submit the bill of sale to the buyer in advance, so that they can check it for accuracy.
  6. Invite a notary public to attend the exchange of funds and sale of the vehicle.You will need your photo ID and money to pay the notary public.





Video: The 5 most important items needed on a Bill of Sale

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Date: 07.12.2018, 03:12 / Views: 65383