free bill of sale template for car michigan

For other items, this would include serial numbers and any other identifying numbers or marks. For a car or other vehicle, this would include the make, model, year, color, VIN number, and Odometer reading. Wording that states that the Seller is transferring title or ownership of the asset to the Buyer.Buyer's Name and Address and Signature.Seller's Name and Address and Signature.What you include in a bill of sale will normally depend on the type of asset that is being sold, but most forms will contain: It is especially useful for preventing disputes, but if a legal dispute does arise, the bill of sale can be used as evidence in court. It acts as a sales receipt and provides some legal protection for both the buyer and the seller. What is a Bill of Sale?Ī Bill of Sale form is a simple legal document that transfers ownership or title of an asset from a Seller to a Buyer 2. See your state's DMV site for information. Your state will likely have specific requirements for how to handle the license plates, transfer of the Title, and how to report the transfer to the state DMV and/or Tax Commission. In most cases, you need to do more than complete a car bill of sale to transfer ownership of a vehicle.

Vehicles, boats, planes, and other assets may involve the use of a Title: a formal legal document that is used to show evidence of ownership. If your state does not require the bill of sale to be notarized, you can remove the Notary section. Warning: Only use this bill of sale template if your state does not already provide or require the use of a specific Bill of Sale form (see below for State-specific forms). While we normally create spreadsheet templates, this bill of sale form contains blocks of text defining specific sale conditions that are more easily edited using Word. This free car Bill of Sale Template is a very simple form that may be used when you are selling or buying a vehicle.

Free bill of sale template for car michigan