- #DOES A BILL OF SALE NEED TO BE NOTARIZED SERIAL#
- #DOES A BILL OF SALE NEED TO BE NOTARIZED REGISTRATION#
#DOES A BILL OF SALE NEED TO BE NOTARIZED SERIAL#
The seller should also include specific item information, such as a description of the item, the serial or VIN, any identifying marks, and any defects. The purchase details typically begin with the date of the purchase and the total price. Generally, it will be the same information as that of the seller. The buyer’s information is also required. This typically includes the name and address, though some forms may also require a phone number. Seller’s informationĪ notarized bill of sale requires the seller’s personal information. However, all notarized bill of sale requires the same basic information.
There are several different forms that are available for use, and they vary to some degree. It is a wiser move to have notarization and not need it than to need it and not have it.Įlements of the Notarized Bill of Sale Form When in doubt about whether a form should be notarized, it’s best to err on the side of caution. But, again, a notary can ensure that the document is appropriately handled, including any particular circumstances or additional requirements. A notary ensures that this is the case for all parties involved.Įqually important is filling out the document completely and correctly, which is not always easy. When someone signs a binding document, it is imperative that they understand what they are signing and not be forced or coerced in any way. Assures understanding and completion of forms Therefore, it is much better to have the document notarized to prevent such unjust consequences. While this might sound like an extreme example, it can happen. Jones might not be able to prove the car belongs to him. Jones? In addition to not being able to get the necessary paperwork for the car, it could lead to the seller taking the car back. Unfortunately, he can no longer reach the seller to get the document handled properly.
#DOES A BILL OF SALE NEED TO BE NOTARIZED REGISTRATION#
He finds out later he cannot put it in his name as the registration office requires the notarized bill of sale. Jones buys a car and receives only a bill of sale. Otherwise, the buyer might not be able to legally have that item put into their name even after money has changed hands. When buying an item that requires such paperwork, it’s important to check with registration offices about requirements. It is also required to finish out related paperwork, such as title and registration transfers. In some cases, requiring a notarization goes beyond the sale. It provides a legal means to ensure all parties get and give what they have agreed upon. The notary adds their seal – a sign that there was an official witness to the agreement. Once the information is verified, the document is notarized, and it becomes legally binding. All parties involved must show valid identification, ensuring that the item is being sold by the rightful owner. With a notarized bill of sale, these problems are eradicated. In such a case, the sale could be nullified if the rightful owner speaks up. Unfortunately, when a private sale takes place with no one to witness it, there is often little to no defense against fraudulent sales.Īdditionally, one party might attempt to sell an item that doesn’t legally belong to them. Protects against fraudulent salesĪs unpleasant as it may be, there are people who attempt to get over others. However, even if it’s not required, a notarized bill of sale is a smart move. It’s important to check your local laws for details prior to the sale of items. Some state laws may also require a notarized document for the sale of items, such as firearms, aircraft, and heavy machinery or equipment. While not always the case, some states require a notarized document for sale.įor example, the following states require a notarized bill of sale for vehicles: The following are some of the most important reasons you should have a notarized bill of sale: Required for some sales Even in the event that it’s not necessary, you should always consider notarization as it provides benefits and protection.Īnd as the fee to have a document notarized is relatively small, you tend to gain more than you lose. Not every document requires notarization, but there are some that do. Why Is a Notarized Bill of Sale Important?
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