Home » Articles » Titles » 9 Components of a Bill of Sale
One of the most important documents in vehicle ownership is often the one most overlooked. This significant document has many names: sales receipt, proof of purchase, statement, but most people will recognize this document to be the bill of sale. A bill of sale is a record of the transaction of a vehicle. This document proves that you actually purchased the vehicle from the seller or dealership. By itself, simply providing this document will not get you a title. However, it’s often the first step in transferring your title.
A bill of sale can be handwritten or typed. Some states require your bill of sale to be notarized before they accept it as proof of ownership. Be sure to check the requirements of your state DMV before submitting your documents. When written correctly, a bill of sale can be the first step in getting your vehicle title. If written incorrectly, the process to transfer your vehicle title will be difficult and could get you into trouble with the DMV.
Are you ready to transfer your title? If your vehicle is 15 years old or older, you may qualify for an out-of-state title transfer using the Vermont loophole. This title method is available for non-residents of Vermont and doesn’t require to you travel out of state. Get started with us here and let us professionally prepare your title documents.
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