Vehicle Bill Of Sale – Why Do You Need One?

Vehicle Bill

A Vehicle Bill of Sale is an agreement documenting a vehicle’s ownership transfer to the buyer from its current owner. The seller is the one to generally complete it. The document consists of all the important details about the transaction for both parties, such as details about the car. This is regarded as a vital addition to the contract of title transfer, and serves as a receipt. Referred to otherwise as a Sales Slip, this document shows only the time and place when the sale was carried out, and is…

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