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Car Bill Of Sale Template Word Document Doc Download Microsoft Trailer Boat

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Topic : Bill of sale word template trailer.

Category : Bill Of Sale.

Author : Gabrielle Glassop.

Published : Wed, Sep 12 2018 :10 AM.

Format : jpg/jpeg.

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A bill of sale is an important part of any vehicle sale; however, it is not the only thing you will need to consider. No sale is final until you complete a title transfer. Without this step finalized, the seller may be liable for fines and violations associated with the car. As a buyer, BE SMART. Do not get saddled with a lemon. Order a vehicle history report to know for certain you are buying a gem.

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A bill of sale is an important part of any vehicle sale; however, it is not the only thing you will need to consider. No sale is final until you complete a title transfer. Without this step finalized, the seller may be liable for fines and violations associated with the car. As a buyer, BE SMART. Do not get saddled with a lemon. Order a vehicle history report to know for certain you are buying a gem.

As-is or Warranty: Selling an item “as-is” means the buyer accepts the item in its current state, including any defects that might not be immediately apparent. This type of sale protects the seller from having to refund the buyer or repair the item if issues arise after the sale. When selling something as-is, it’s important to state so clearly on the bill of sale. In some cases, a seller may choose to offer a warranty as an incentive to buyers. In this instance, sellers should explain on the bill of sale what will and will not be provided or covered under the warranty, and for what period of time.

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At its most basic, a bill of sale should include the transaction date, the item sold and its cost, and details about the seller and buyer, along with signatures. A document with that information is acceptable as a sales slip and proof of purchase, but other information may be needed, including whether the item is being sold as-is or with a warranty, the location of the property, or plans for delivery.

It is not recommended that you use a Bill of Sale in instances where there is not a transfer of ownership since a Bill of Sale is best used for the sale and purchase of physical goods. When providing or hiring services, it is more appropriate to use a document like a Service Agreement or an Independent Contractor Agreement. It should also be noted that you ca not use a Bill of Sale to transfer the ownership of or the title to a piece of real estate. In such instances, you will likely need a Quitclaim Deed or a similar document.

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