Table of Contents
The ATV Bill of Sale is a legal document that is used to give legal effect to the sale of an All-Terrain Vehicle. All-Terrain Vehicles are those vehicles which are designed with tramps and wheels to enable them travel on both rough and even terrains. The ATV bill of sale grants legal guarantees to the buyer from the seller for the transfer of ownership of the ATV so named in the document. The ATV bill of sale contract form usually contain all detailed information as well as the terms and conditions of purchase.
The information contained in the form include:
- purchase price,
- names of seller and buyer,
- address of seller and buyer,
- make and model of the ATV,
- odometer reading,
- VIN,
- number of cylinders of the vehicle and others.
The form protects both parties from any possible negative outcome and ensures that both the seller and the buyer gets what they expect from the transaction. Once the sales price has been reached and the ATV is available for transfer, the parties concerned can go ahead to fill in the form to conclude the transaction.
How to Write : ATV Bill of Sale Form
Step 1: Enter the purchase price in the space provided on the form
Step 2: Enter the seller’s name in the next space
Step 3: Enter the seller’s address in the next space
Step 4: Enter the buyer’s name in the space provided
Step 5: Enter the buyer’s address in the next space provided
Step 6: Enter the make (that is, the manufacturer) of the ATV
Step 7: Enter the model of the ATV (the model is the specific name, number or initial given to each product in a series or line of products manufactured by a company)
Step 8: Enter the year of manufacture of the ATV, followed by the color and then the number of cylinders
Step 9: Enter title number (if applicable)
Step 10: Enter the odometer reading
Step 11: Enter the vehicle identification (VIN) number
Step 12: Spell out the exact and detailed conditions you expect to find in the ATV for the transaction to be completed
Step 13: Enter the amount paid as down payment
Step 14: Enter the last possible date in which the remaining amount would be paid and during which the transfer of title will be executed
Step 15: Enter the last possible date in which the buyer can have an independent mechanic inspect the ATV
Step 16: Enter the amount the seller will retain out of the down payment to cover advertising and other costs in the event the sales transaction is ultimately not completed
Step 17: Seller should enter his name, append his signature and enter the day’s date
Step 18: Buyer should enter his name, append his signature and enter the day’s date
