Louisiana Vehicle Bill of Sale Form
The Louisiana Vehicle Bill of Sale Form is a legal document used to register the sale of a motor vehicle in Louisiana. It also records the transfer of ownership from a seller to a buyer.
Why Do You Need a Louisiana Vehicle Bill of Sale?
A Bill of Sale is an important document when transferring a title to a vehicle in Louisiana. This document is important for registering with the Louisiana Office of Motor Vehicles (OMV).
A Louisiana Bill of Sale should include the full legal name and addresses of the buyer and seller. It should also have important details about the vehicle. These include:
- Vehicle identification number (VIN)
- Make
- Model
- Year
- Current odometer reading (for a car under 10 years old).
The document also clearly states the agreed-upon purchase price, which is used for calculating sales tax. Both the buyer and seller must sign the form for it to be accepted by the OMV.
Normally, the Bill of Sale itself does not typically require notarization. However, the OMV may request it in certain circumstances to verify authenticity.
Common Uses of a Louisiana Vehicle Bill of Sale
This document has several uses, including:
- Transfer of Liability
This document formally shows that the seller no longer owns the vehicle. It completely transfers all the liabilities that come with the vehicle to the buyer.
- Evidence of Ownership
For the buyer, it is the main evidence of ownership of their new vehicle. This is what they’ll need to register, insure, and resell in the future.
- Fulfills State Requirements
A correctly executed form ensures that the sale complies with state requirements. This, in turn, helps with the easy transfer of titles.
- Gives Peace of Mind
This document helps prevent any future disputes. Thus, it brings peace to both parties.
Frequently Asked Questions
Is a Louisiana Bill of Sale required to sell a car?
Yes, to sell a car in Louisiana, you need this form. The buyer needs it to get the title transferred and register the vehicle with the Louisiana OMV. The form proves the purchase and is also essential to process the efficient and accurate ownership transfer of a vehicle.
Does a Louisiana Bill of Sale need to be notarized?
Louisiana Bill of Sale normally does not need notarization to be legally valid. However, the Louisiana Office of Motor Vehicles (OMV) has the right to demand notarization in certain situations. This is done to clear doubts and ensure the authenticity of the signatures. Always check directly with the OMV to know what you need to do.
How do I transfer a car title in Louisiana with a Vehicle Bill of Sale?
To transfer title, the buyer needs the Louisiana Bill of Sale and the properly signed-over vehicle title from the seller.
They also need a finalized Vehicle Application (Form DPSMV 1799). These documents must be submitted to a local Louisiana OMV office or Public Tag Agent. The proof of payment for sales tax, the title transfer and registration fees must also be included.