In that case, the seller can use the bill of sale in any legal action to prove that they had sold the vehicle, hence avoiding criminal liability. Moreover, suppose a vehicle breaks traffic laws. If you purchased a secondhand vehicle, a duly drafted document proves that title transfer took place and that you’re the current legal owner of the car enjoying full ownership rights. It is not mandatory in most states, but it is prudent for the vehicle buyer and seller to fill out this form in personal motor vehicle contracts because it protects them should problems arise.įor example, if the vehicle is caught in a road accident, you won’t bear any liability. Why Do I Need a Bill of Sale for a Car Sale?Ī car bill of sale acts as a receipt proving that you sold the vehicle to the buyer.
What Requirements Should My Car Bill of Sale Meet?.Why Do I Need a Bill of Sale for a Car Sale?.
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