Are you planning to sell a car? You need a bill of sale template for car to draft and create a proper bill of sale document. Here are the details to include:
1. Give vehicle information
Give information about the vehicle. You will need the following details, for instance, if you are selling a Ford vehicle:
Year
Make
Model
Type of body
Reading from the vehicle's odometer (VIN)
2. Provide information of both parties
Include the buyer's and the seller's names and addresses. You can amend your Bill of Sale to include additional sellers or buyers as necessary. If the seller is a business, you ought to refer to it by its legal name rather than by its trade or company name.
3. Specify the cost
Mention the cost of the vehicle in the Nebraska bill of sale. If there are any applicable sales taxes, you can decide whether to add them to the price or not. Include the payment method. The following methods of payment are usually available to a buyer:
Promissory Note - A Promissory Note refers to a legal document that certifies the borrower's promise to pay back a loan to the lender in accordance with the terms of the contract.
Online banking
Demand draft - Demand Drafts happen to be certified checks that a bank writes on a different bank's account. It is an incredibly safe way to transfer money.
Cash
Other methods
Use a small sum as the price if you want to give the vehicle as a gift.
List any liens / loans
Be sure to list any liens or loans that the property may have. Specify the lender's name, the amount owed, and the conditions, including payment schedules and interest rates.
Include more clauses
If there are any conditions or problems specific to your situation that are not covered by the questionnaire, you should include a separate clause in the TN bill of sale.
Sign the contract
Indicate the day that both parties will sign the contract. Select "unsure" in the questionnaire if you're unsure of when the buyer or the seller will sign.
If you answer "unsure," you will receive a blank line to complete with the right date once the document has been printed.
Author Bio
Carl writes often about legal drafting, rental & commercial lease agreements, power of attorney, Bill of Sale and help the people in such document needs.