Georgia Bill of Sale Form
A Georgia Bill of Sale Form is a document used to legally record ownership transfers. It clearly shows that a property has changed hands between a buyer and a seller in Georgia.
Georgia Bill of Sale Types
As-Is
Vehicle
Why Do You Need a Georgia Bill of Sale Form?
A Bill of Sale is not a compulsory legal requirement for personal property transactions in Georgia. However, it is advisable to always have written evidence that can be legally enforced. This is very important when it comes to high-value items.
For motor vehicles, a Bill of Sale, Form T-7 from the Department of Revenue, is needed. Buyers use it to transfer the title and register the vehicle with the Georgia Department of Revenue (DOR). This can also be done with a County Tag Office.
It provides essential details such as the;
- Vehicle's identification number (VIN)
- Current odometer reading
- Agreed-upon sale price
According to the law in Georgia, the sale of goods above $500 must be followed up with a written agreement. This requirement makes a Bill of Sale necessary in Georgia before a property transfer can be enforced. Notarization is typically not required for a standard Georgia Bill of Sale or vehicle title transfers.
Common Uses of a Georgia Bill of Sale Form
The document can be useful in many ways:
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S/N |
Uses |
Description |
|
|
Liability Transfer |
Documents a complete handover of all liabilities to the buyer |
|
|
Proof of ownership |
Details the transfer of ownership of an item |
|
|
Records and documentation |
For title transfers, registrations, insurance, and future sales |
|
|
Legal Requirement |
Compliant with all state and federal regulations |
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|
Dispute settlement |
Prevents future disputes regarding the details of the sale |
A Bill of Sale is not a legal requirement in Georgia, especially for personal property sales. However, it is best to record the transfer with a written document when it comes to items of high value.
A Bill of Sale for a vehicle in Georgia, like Form T-7, must have identification details of all parties involved. These include full names and addresses. It must also have the vehicle's details, like the identification number, model, year, and make.
Generally, notarization of a Bill of Sale is not a legal requirement in Georgia. This applies to vehicles and general property transfer. The Georgia DOR does not require notarization for vehicle transfers. However, for high-value transactions or specific concerns, it brings legal assurance.
In Georgia, the buyer submits the Bill of Sale Form T-7 to the local county tag office. This is where they will transfer the title and register the vehicle.