A bill of sale is a deed that proves you’ve sold your vehicle and tells the necessary information about the car and the particulars of the transaction. It’s not required in all states, but it’s a worthy undertaking to write one and protect you from any confusions and dispute that may arise in the future.
[b]Auto bill of sale form and state laws![/b]
As stated before, a bill of sale is not a requirement in some states like California and Tennessee to name a few, these states doesn’t require an auto bill of sale form, but it is encouraged otherwise for record purposes.
If a bill of sale comprises a limited guarantee provision, the seller has to explain in detail exactly what issue is covered in the warranty and the labor or parts included throughout the indicated guarantee period.
In cases where seller refuses to give information to the buyer, or falsifies details that over-value an item might result in a void or nulled bill of sale, as the seller was dishonest, the buyer might withdraw from the transaction. It is imperative that both seller and buyer agree on the specifics of the transaction, and to the conditions and terms of the bill of sale before finalizing and signing the agreement.