A Bill of Sale is a legal document that records the transfer of private property; it is an official receipt usually placed upon expensive property. A bill of sale is often formulated between two parties; a seller and a buyer, where for an agreed upon price with or without certain conditions and obligations, the transfer or property will take place. It’s important to know, the seller(s) and/or buyer(s) can be an individual or a company; and a bill of sale can be constructed and finalized between the combination of sort (individual(s) and/or company(s). Some bill of sales require notarizations to make them valid. If your bill of sale requires notarization, Notary Glow offers notary public services for several types of bill of sales.

Types of Bill of Sale

Bill of sales vary; there isn’t a “one-size-fit-all” template for a bill of sale. The property being sold determines the information that must be present in the bill of sale in order for it to be valid. When you are creating a bill of sale you may need to add special information to satisfy the necessities of specific government agencies; failure to do so could invalidate a bill of sale.

Vehicle Bill of Sale

The bill of sale for a car, motorcycle, any other vehicle needs to have the buyer and seller’s name and address. The document should also state the agreed upon price and date the sale became effective. A detailed description of the vehicle should be clearly written or typed. The make, model, year, Vehicle Identification Number (VIN) and the odometer reading of the vehicle should also be noted on the bill of sale. Moreover, any warranties made on the vehicle should be listed explicitly to avoid any confusions.

Boat Bill of Sale

A boat bill of sale records the transaction of a watercraft. The name and address of buyer and seller should be stated on this document. This document should also list the price of the watercraft or boat; as well as the date the document will be signed and finalized. Details of the vessel, including its make, model, year, the Hull Identification Number (HIN), odometer and registration, should also be documented on the bill of sale too.

Trailer Bill of Sale

A trailer bill of sale is used to transfer the ownership of a trailer. Hauling trailers, vehicle carrying trailers, flatbed trailers, dry-van trailers, and recreational vehicles (RVs) are some of the common types of trailers that are being sold. The bill of sale for these type of vehicles must include the buyer and seller’s name and address. The description of the trailer (make, model, VIN and year) and the sale price must be listed. The document creation date and date the sale becomes effective should be noted. You must state any warranties on the bill of sale, if any. If the trailer is used, the seller has to clear and transfer the title before the buyer can register it. Check your state’s laws. Trailers must be registered within a certain period time, or they will be illegal to operate.

Livestock Bill of Sale

A livestock bill of sale is used to transfer the ownership of farm animals. This bill of sale should have the name and address of the buyer and seller. The date of the sale and agreed upon price should be noted on this document. Detailed information about the livestock such as the type, class, sex, age, weight, branding, and markings should be stated. This document should also contain the animal’s correct vaccinations.

Equine Bill of Sale

The bill of sale for a horse or Equine bill of sale is used to sell a horse or pony. It should state the name and address of the buyer and seller. If the horse/pony has a name, it should be stated on the bill of sale. The price of the horse/pony and the date the sale become effective, should be listed. A description of the horse/pony detailing its breed, gender, markings, date of birth, and registration number should be noted. Veterinarian checks should be stated, if any; and the bill of sale should also state if the original owner is to retain or relinquish breeding rights over the horse/pony.

ATV Bill of Sale

An ATV bill of sale is used to formalize the sale of an All-Terrain Vehicle (ATV). It should state the name and address of the buyer and seller. The price and any payments that have been made should be specified. The year, make, model, and VIN of the ATV should be listed. A detailed description of the ATV should be noted. The sale date and date that the sale becomes effective should be detailed. Make sure that any warranties made are also on the bill of sale. A bill of sale must also contain a section that details seller’s legal ability to make the sale and transfer of ownership to the buyer.

As-Is Bill of Sale

An As-Is bill of sale is used to sell any personal property without any warranties. These types of bill of sale are usually associated with vehicles in need of repairs and the sale prices are usually lower than dealership prices. The main objective of these kind of bill of sales is to protect the buyer by showing proof of purchase; and it protects the seller from being sued for many possible liabilities. Please consult with a professional before purchasing any as-is property.

Notary Glow and Your Bill of Sale

While notarizing a bill of sale isn’t legally required in some situations, for many states, there are certain states and situations that require a notarization of a bill of sale. For an example, the State of Louisiana, Maryland, Montana, Nebraska, West Virginia and Wyoming, all require a notarization on the sale of a vehicle. Whether it’s required or not, having a notary public validate the authenticity of the bill of sale with signature and stamp adds an extra layer of security to the transaction and can help ease potential legal conflicts. Notary Glow is here to provide that extra layer of protection for you. Our commission New York notary public offers remote online notary services and mobile notary services (travel to you notary) to clients in New York; as well as, remote online notary services to clients in all 50 U.S. states. Notary glow makes it really convenient for our clients; Click on Our Services to schedule a future appointment or get immediate service. Notary Glow is here!