Step 2: Locating a local notary public, licensed to practice in your state.Step 1: Printing a true copy of the Bill of Sale.Once your Bill of Sale is complete, you can notarize it by: You must also describe the conditions of sale, selling price, and payment methods. For example, when selling a car, you will indicate its make, model, year, color, body type, and VIN. The latter refers to data about the property being sold. In the bill, indicate the buyer and seller information (names and mailing addresses) and the property details. Notarizing a Bill of Sale begins by preparing the Bill of Sale itself. This practice ensures that no party is being taken advantage of by the other and that the transfer is mutual. In some situations, ownership of property can only be transferred with a document containing an official seal from a notary public. Once the Bill of Sale is signed, the notary’s office will also maintain a copy for record-keeping. The notary confirms that only the parties mentioned in the agreement have signed the document and that they have done so willingly, without duress or threat.
Even in states where notarization is not a legal requirement, you might be required to do it when buying or selling certain properties such as heavy machinery, aeroplanes, and firearms. As mentioned, some states require that a Bill of Sale be notarized for a transaction to be considered complete. Why Is It Important?Īlthough not every State legally requires buyers and sellers to have a Bill of Sale notarized, it is highly advised that you do so.
Unlike the others, however, it must also be signed by a notary public. The notarized Bill of Sale, like other Bills of Sale, is complete when it includes the seller, buyer, and property details and is signed by both parties.
#Notarized bill of sale sample free#
Currently, only 6 states in the US require that a Bill of Sale be notarized but parties are free to involve a notary public if they so wish. A Notarized Bill of Sale Form is a formal document witnessed by a notary public that summarizes a financial transaction between a buyer and seller and involves personal property such as a horse, motorcycle, or tractor.
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