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Arkansas Firearm Bill of Sale is an important document to record a sale and declare the new ownership of a firearm or a concealed gun. Refer to Arkansas Statutes 5-73-301 to 5-73-321 for information about the specific requirements for ownership of a gun. The state law does not require any special permission for possession of a firearm. However, the gun owner must be over 18 years of age and any minor requires endorsement by the legal parent or guardian.
Why Do You Need A Firearm Bill Of Sale In Arkansans State?
Arkansas Statutes do not mandate a specific procedure for ownership or registration of a firearm. However, preparing a bill of sale during a trade or a sale of the firearm is very necessary due to the following reasons.
- The seller legally transfers the ownership to the buyer
- The document affirms a mutual sale or trade of a firearm or concealed handgun
- The buyer can establish the ownership of the firearm legally
- This document serves as a receipt for the payment made by the buyer to the seller
Therefore, prepare this four-page document accurately and in its entirety. Obtain acknowledgment from witnesses and a notary public of Arkansas State for signatures on this form.
How To Write: Arkansas Firearm Bill of Sale
You can prepare this form online. Therefore, download the form, enter the requested information, verify, print, and take it to notary and witnesses for signatures. Complete these steps to prepare the form.
- Enter date of preparing bill of sale
- Write buyer’s name and the mailing address
- Write seller’s name and the mailing address
- Enter description of the firearm like caliber, model, make, serial number, and any other description
- Provide information about the purchase price like total amount in words and figure. Then specify the mode of payment and particulars of the down payment as well as the due date for paying the balance. However, you must enclose a promissory note in case you select option three.
- Specify any known defects in the firearm
- Then provide information about other terms or the conditions necessary to complete the sale
- The buyer must date and sign the form
- The seller must date and sign the form
- Obtain acknowledgment from the witnesses
- Obtain acknowledgment from a notary public of Arkansas State
Free Arkansas Firearm Bill of Sale - PDF Download
Prepare Arkansas Firearm Bill of Sale to protect the vested interest of the seller and buyer. Signing a bill of sale is important for both parties although Arkansas Statutes do not mandate preparing the same. Refer to Arkansas Statutes 5-73-301 to 5-73-321 for more information. Ensure that both parties sign before witnesses and a notary public of Arkansas State and obtain acknowledgment of signatures on the form.