Alaska Vehicle Bill of Sale Form
An Alaska Vehicle Bill of Sale Form is an official document that primarily records the transfer of vehicle ownership. It details the sale and purchase of a vehicle between a seller and a buyer in Alaska.
Why Do You Need an Alaska Vehicle Bill of Sale?
A Vehicle Bill of Sale is vital in Alaska when transferring and registering a vehicle title with the Alaska Division of Motor Vehicles (DMV). It should include key info like:
- The vehicle identification number (VIN).
- The make and model of the car.
- The year and the odometer reading for cars under 10 years old.
- The purchase price.
The buyer and seller must sign the agreement form for the DMV to accept it. Although an Alaska Bill of Sale form does not have to be notarized, the document has to be signed. This should be done in the presence of a notary public or state-certified agent.
Common Uses of an Alaska Vehicle Bill of Sale
This form formally signifies that the seller no longer owns the vehicle. It transfers all associated 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 Alaska Bill of Sale Form:
- Ensures compliance with state regulations.
- Aids timely title transfer
- It helps prevent future disputes.
Yes, the Alaska Bill of Sale Form is essential for selling a car legally in Alaska. The buyer is required to complete the transfer of title and the vehicle registration with the Alaska Division of Motor Vehicles (DMV). You will need this form to finalize this process correctly and promptly.
An Alaska Bill of Sale should include the buyer's and seller's full legal names and addresses. The date of the transfer, the vehicle's year, make, model, VIN, and current odometer reading. It should also specify the sale price that the buyer has agreed to pay.
In most cases, the Alaska Bill of Sale is not required to be notarized, but this can vary. The separate written odometer statement needs notarization for 10-year-old and newer vehicles. The Form VTR-100 is a part of the title transfer procedure and generally requires both the buyer's and seller's signatures. A notary public or DMV staff will verify the signatures.
The buyer needs the Alaska Bill of Sale to transfer a car title to Alaska. It must be submitted to a local Alaska DMV office within 30 days of the sale.