After completing the form, give the buyer one copy and keep a copy for your own records too. Note the payment price on the bill of sale near the intention to sell. Therefore, it should be inspected by a licensed mechanic and touched up with any visible rust being painted over or sanded off. Sign and date the bill of sale. Continue by writing buyer’s name, address, and phone numbers on the respective lines. It transfers ownership of personal property from one person to another. Most of the information that you need to include in your bill of sale is already on the vehicles title. Bill of Sale (Motorcycle) Instructions The following provision-by-provision instructions will help you understand the terms of your bill of sale. Registering the vehicle, or titling it if no title exists, rests upon having a clean bill of sale. Until the new owner registers the motorcycle with the Department of Motor Vehicles in your state, this document acts as the registration and title. 3. Make sure to include apartment numbers and ZIP codes. This document comes in handy when disposing of a motorcycle or selling it to another. Contact Us. Make sure to check your local state laws so that no necessary information is left out. Questions? Type above and press Enter to search. A vehicle bill of sale in Rhode Island is a legal document that represents the transfer of ownership rights from one legal party to another. The printed name of the buyer and their signature. This sample form contains the details of the buyer and seller, transaction date, price and other such relevant information. If this is the case, make sure to explicitly state that there is no warranty. Parties: Seller (please print): Buyer (please print): Purchase Price: The buyer agrees to pay $ to the seller in exchange for the possession and ownership of the following described motor vehicle: Year Make Model Vehicle Identification Number Body Type Color You can write it on any paper you have lying around. Briefly note that the full payment has been made or whatever subsequent payments are necessary. You cannot use a bill of sale to transfer ownership of real estate or a house. A Bill of Sale is strongly recommended in most provinces when buying or selling a new or used vehicle in a private sale. Post office boxes are not preferred. A Motorcycle bill of sale form is a paper transcript that catalogs the material facts surrounding the sale of a motorcycle in exchange for financial consideration.It generally includes the vital informational elements on the buyer and seller, motorcycle, and selling to … 30 Membership Application Form Templates [Word, Excel, PDF], 30 Effective Employee Write-Up Forms (Free Download), 30 Free Profit and Loss Templates (Monthly / Yearly / YTD), 30 FREE Gap Analysis Templates & Examples, 30 Great Project Plan Examples & Templates. It is used during the transfer of the ownership period of time. How do you write a bill of sale for a motorcycle? Note whether or not the motorcycle has been looked at by a mechanic, and any defects the motorcycle may have. Bill of Sale Information. The Seller shall ensure that the Motorcycle is delivered in the same condition as the Buyer's last inspection (or, if no inspection was conducted, as of the effective date of this bill of sale). Whether you plan to accept cash or other methods of payment from a buyer, it’s recommended to know all about this document. Once you have completed the bill of sale you will be able to file for a title transfer with the your state's department of motor vehicles. Our free motorcycle installment sale, also termed a hire purchase agreement can be used when the seller accepts payment terms when selling a motorcycle.. If possible, have a witness sign and date as well, although this isn't necessary. Most importantly, a bill of sale proves a lawful transfer of ownership. If a motorcycle that you own or recently purchased does not have a title, you’ll need to go to your local DMV and fill out the lost title documents they provide. Registering the vehicle, or titling it if no title exists, rests upon having a clean bill of sale. MENU. Public Records A motorcycle bill of sale plays a major role when it comes to transferring the ownership of a vehicle from the seller to the buyer. You should also include the apartment number and zip code as part of … In some states, you might have to notarize this document first before you can start processing the paperwork for the title transfer. Massachusetts does not require a bill of sale for vehicle sales transaction if a title is available.However, if the transaction involves a car that is exempt from titling, a bill of sale (along with the previous registration) must be presented in order for the new owner to register the vehicle. 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