![]() ![]() To correctly complete the Virginia bill of sale template, the legal entities involved in the vehicle sale must ensure they provide several types of information, such as their personal data and specifics about the vehicle that is being sold. How to Complete a Bill of Sale Form in Virginia For instance, a fully completed bill of sale form can be used as an additional level of protection against liability issues regarding the vehicle, even if transferors are required to notify the state DMV when they sell, trade or donate the motor vehicle.ĭue to these various uses of a simple bill of sale contract in VA, retain a copy after the conclusion of a vehicle sale, regardless of whether you are the buyer or the seller. The receipt of a bill of sell may prove useful to the seller, as well, since it contains the personal data and signature of the buyer and details about the sold vehicle. Buyers can also use the vehicle price information listed on this credential when calculating the sales and use tax that must typically be paid after the process of buying a car. Therefore, purchasers can utilize the DMV bill of sale document signed by the seller to resolve any issues regarding the vehicle ownership. Buyers and sellers who retain this document on their records will have a reliable credential at their disposal that proves the sale transaction took place and the identity of the involved parties. An auto bill of sale agreement has many other official uses, depending on the situation you may find yourself in.Ī printable bill of sale PDF can prove useful for many general uses in addition to those mentioned above. Bills of sale, receipts, titles and certificates of origin can be used for this purpose.Īnother situation that may entail submitting this credential is the titling process for certain special vehicle types, such as all-terrain vehicles or off-road motorcycles. ![]() In such cases, applicants will be required to provide information about the origin of the parts used in the vehicle construction. For instance, a bill of sell may be necessary when titling specially constructed, reconstructed or replica vehicles. Vehicle owners may have to provide a sample bill of sale in other circumstances, as well. An official template for this document exists and can be obtained by the state DMV. You will also be required to submit a used car bill of sale if you are titling a vehicle older than five model years that was purchased in a private sale. This signed credential can serve as adequate evidence of the sale price, apart from a buyer’s order or the seller’s declaration included on the title. ![]()
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