![]() Why Is It Important to Notarize a Bill of Sale?Ī bill of sale document is used for all sorts of private purchases and transactions. A copy should be given to each party for their records. The form is complete when it has been filled in with a description of the property being sold and signed by the buyer and seller in the witness of the notary public. This designation is provided by every State and when a Notary signs a document, it becomes legally witnessed. Generally, the new owner should register the vehicle at their local DMV or county office.A notarized bill of sale form is a document that allows and records the legal transfer of any type of personal property (vehicle, boat, etc.). As a seller, you can either retain a copy or have all parties sign and complete two identical forms. Once notarized, the bill of sale offers stronger protection for both the previous and new owner, similar to purchase agreements.Ī bill of sale is required for a title change in many states, so the buyer should keep the original. If you decide to notarize the document, locate a local notary public. While notarization is usually not mandatory, it can provide extra legal security. Both parties may also choose a witness to attest to the transaction and sign the bill of sale. ![]() Though not always required, obtaining the buyer’s signature can offer additional legal protection. The “as-is” clause states that the seller offers no warranties and is not responsible for maintenance after the transfer. They also verify that the vehicle information provided is true, accurate, and complete to the best of their knowledge. The seller confirms their ownership of the vehicle, their right to sell it, and that there are no liens on it. ![]() Step 5: Review standard provisions and ensure both parties understand them
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