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Use Johnson County Vehicle Bill of Sale to record a sale /purchase transaction of a motor vehicle. An auctioneer or a transferor requires preparing this form. The seller / current owner of the motor vehicle requires signing this document. Give a duly signed copy to the buyer. Notarize signatures on the form. Making a bill of sale is not mandatory in some states. However, this document serves various purposes for a seller and the buyer.
For A Buyer
Bill of sale is a receipt for payment made to the seller. In addition, it can record a sale against trade too. In certain cases, the buyer receives the vehicle as a gift. Therefore, this document serves as proof of ownership and authentic source for computation of taxes for the buyer.
Bill of sale declares the transfer of the ownership from the seller to the buyer. Therefore, it serves as proof of the ownership for a buyer.
Office of the DMV requires the bill of sale during registration and title transfer to identify the owner and calculate taxes.
For A Seller
The seller’s name on the title changes only when the buyer requests the title transfer and registration at the office of the DMV. The seller is liable to pay dues due to an accident or any other dues arriving out of careless behavior of the buyer. Bill of sale declares that the seller has transferred the ownership of said vehicle to the buyer.
However, remember that a seller needs to file a notice of transfer with the DMV along with a copy of bill of sale immediately after the sale is final and settled.
How To Write: Johnson County Vehicle Bill of Sale
Preparing the bill of sale is simple. Enter the requested information on the interactive fields. Then, verify the content and print the form. You need to contact a notary public in Johnson County to obtain the acknowledgment.
- Enter the name of the auctioneer or a transferor on the first line.
- Then enter the date of the sale.
- Continue by entering the name of the current vehicle owner.
- You need to provide a vehicle description like color, year of manufacturing, make, model, and VIN.
- Enter the name of the buyer on the next line.
- Specify the final sale price in US dollars.
- The auctioneer or a transferor and the current owner must date and sign the form before a notary public in Johnson County.
- Obtain notary acknowledgment in the space reserved for the same.
Free Johnson County Vehicle Bill of Sale - PDF Download
Prepare Johnson County Vehicle Bill of Sale to record a sale / purchase transaction for cash or trade. This form has a provision to record important aspects of the transaction like detailed information about the vehicle, sale amount, date of sale and delivery. An auctioneer or a transferor can prepare this bill of sale on behalf of the current vehicle owner using a power of attorney.