Alabama Vehicle Bill of Sale Form
An Alabama Vehicle Bill of Sale Form is a legal document for cars. It's designed to record vehicle sales and transfer of ownership between a seller and a buyer in Alabama.
Why Do You Need An Alabama Vehicle Bill Of Sale?
An Alabama Bill of Sale is required during the purchase of a vehicle, boat, or gun. The form is also used to register the vehicle with the Alabama Department of Revenue. This can also be the Motor Vehicle Division in some places. You can do this via the county licensing official.
It should state the following details:
- The vehicle's VIN (identification number).
- The make, model and year.
- The vehicle mileage (this applies to vehicles under 1o years).
The document also clarifies the mutually agreed-upon purchase price that will be utilized to calculate sales tax. The form is invalid unless the seller and the buyer sign it.
Although the title doesn't need to be notarized, it's essential to a complete Alabama Vehicle Bill of Sale.
Common Uses Of An Alabama Vehicle Bill Of Sale
The Alabama Bill of Sale form signifies that the seller transfers all ownership and liability to the buyer. For the buyer, it is primary evidence of their new ownership. It is necessary for securing registration, insurance, and future resale.
A properly executed Alabama Bill of Sale Form:
- Ensures compliance with state regulations.
- Aids timely title transfer.
- It helps prevent future disputes.
- It brings peace of mind to both parties.
You need an Alabama Bill of Sale Form to transfer ownership and register it with the Alabama Department of Revenue.
Any Alabama bill of sale must contain the buyer's and seller's complete legal names and addresses. It must also include the date and year of the transaction. It should specify the mutual sale price and be signed by the seller and buyer.
An Alabama Bill of Sale typically does not require notarization for the title transfer. Some county licensing officials may recommend that for some situations.
You need the Alabama Bill of Sale and the seller's properly assigned car title. It must present evidence of Alabama liability insurance and be in possession of a current, valid identification.