
Mechanical history (receipts from work done on the vehicle, parts, aftermarket accessories, and other related costs). If the car doesn’t have an outstanding loan, the seller only needs to ensure they have the proper documentation, which includes the following vehicle forms: Because the lending institution typically holds the vehicle’s title until the loan is paid off, the seller should contact their loan provider to discuss their payment options. If there is a loan on the vehicle, the seller will have to sell it for enough to allow them to pay the loan off, or they’ll have the pay the remainder of the loan first.
To go about selling a car, the following steps should be followed:īefore creating ads and trying to find a buyer, it’s important that the owner understands the finances surrounding the vehicle and gathers the necessary documentation. Selling a vehicle can appear like a complicated process when viewed as a whole, but becomes far more manageable when broken down into smaller steps.
It proves ownership and prevents fraud. Allows the new owner to register the vehicle, and. Serves as a record/receipt of the transaction,. As an overview, a bill of sale does the following: It serves as a transfer of ownership, although motor vehicles (and other vehicle types) require the vehicle’s title to be signed to officially transfer ownership. It’s similar to a receipt, but differs in that it requires the signatures of the buyer and seller (and potentially notarization, too). Trailer – Details the transaction completed by a buyer and seller involving commercial or personal-use trailer.Ī bill of sale proves that a person or entity paid a specific amount of money in exchange for a physical good. Tractor – Contains the terms and conditions regarding the sale of a tractor to be used in agriculture, landscaping, construction, and other industrial and commercial uses. RV – Used by dealers and private sellers for stating another person paid a specific amount ($) of money for their motorhome or camper trailer. Notarized – Contains space for a Notary Public to sign their name. Used for selling personal and commercial cars and trucks. Motor Vehicle (most popular) – The most common type of bill of sale. Motorcycle – Confirms that the ownership of a motorcycle officially changed from one person to another. Moped / Scooter – For selling motorized two (2) wheeled vehicles, that typically do not exceed 100cc. Mobile Home – For selling new or used prefabricated structures. Livestock – Confirms that the ownership of livestock (chickens, cattle, goats, pigs, etc.) was transferred from a seller to a buyer. Jet Ski – A form specifically designed for selling high-speed personal watercraft, such as jet skis, sea-doos, etc. Horse – Includes information on the breed, sex, and DOB of the horse, in addition to the amount ($) it sold for. Golf Cart – Used specifically for recording the sale of a golf cart from a seller to a buyer.
General – A non-specific bill of sale that can be used for selling anything.
More involved than a standard bill of sale form, but less involved than a business purchase agreement.Ĭat / Kitten – Serves as a record that an individual purchased a pet cat or kitten from a breeder or owner.ĭog / Puppy – Used by breeders and owners to specify the terms and conditions for the sale of a dog or puppy.Įquipment – For selling tools, power machinery, construction vehicles, and other industrial items.įirearm / Gun – Records the sale of one (1) or more firearms between a buyer and a seller.įurniture – A proof of transaction detailing the sale of one (1) or more pieces of furniture. By StateĪircraft / Airplane – For selling a personally owned civilian aircraft.ĭownload: PDF, Word (.docx), OpenDocumentĪTV – Documents the sale of an ATV, also known as an “all-terrain vehicle” or “4-wheeler.”īicycle – For selling a manually- or electrically-powered bike.īoat (Vessel) – Provides proof that a person paid a specific amount of money in exchange for ownership of a watercraft.īusiness – This document briefly outlines the terms of the sale of a business.
#Texas auto notarized bill of sale full#
It must be signed by both parties after the seller has received full payment from the buyer. A bill of sale is a legal form used for documenting the transfer of ownership in personal property from one party to another.