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What should be included in an automobile bill of sale?
What does "as-is" mean?
The term "as-is" when used in the automobile bill of sale means that the seller does not guarantee the condifion of the vehicle that is being sold to the buyer.
FAQ for Automobile Bill of Sale
What is an automobile bill of sale?
- A document that attests to the transfer of ownership of an automobile
- Serves as a receipt for the buyer
What should be included in an automobile bill of sale?
- Amount of consideration paid for the transfer of title
- Date of purchase
- Name and address of seller and buyer
- Guarantee from the seller that the vehicle is free from all claims and offsets, if applicable
- Representations or warranties if any
- Signature of the seller and buyer
- Odometer Disclosure Statement
What does "as-is" mean?
The term "as-is" when used in the automobile bill of sale means that the seller does not guarantee the condifion of the vehicle that is being sold to the buyer.
Please be aware that these sample letters and forms may have legal and financial implications. Please consult with your own legal advisor if you have any questions or concerns regarding the use of any of these letters and forms.