By Simon Uzoma
These car bill of sale printable templates are available for all states including Kansas, Texas, Georgia, Alabama, Florida, Missouri, Louisiana, Illinois, Colorado, Tennessee, Arkansas, California and Utah etc. Having this contract in writing may allow you to avoid a potential lawsuit for breach of an oral agreement, as long as all the terms between the Seller and the Buyer are written down and signed by both parties.
Well, if any problem arises later, the document will help the seller or the buyer to prove their case. In addition, a car bill of sale printable serves as proof the buyer really bought the car and owns it. the document is what you need for accounting and tax purposes.
Sample examples of assets for which the bill of sale document can be used include the sale of automotive assets such as a used car, motor vehicle and motorcycle. This bill of sale is needed to complete the buy and sale transactions at the DMV. As well, it can be used for a mobile home, trailer, horse, watercraft, firearm and any general business sale. The bill of sale is binding written contract needed for a sale transaction. It is in a simple format that is user friendly.
When could a bill of sale be useful for you?
If you want to sell your personal property (e.g. vehicle, jet ski, bike, furniture, jewelry) to another person;
If you need a sales receipt for such a transaction;
If you want to minimize your liability risks in connection with this sale and prevent a buyer's remorse.
Presently, the Bill of Sale serves as evidence of the existence of a transaction between the Buyer and the Seller
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