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What Are The Core Clauses Of An Automobile Bill Of Sale

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By Author: Carl Glendon
Total Articles: 190
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Creating a bill of sale for vehicles may be easy, but the effectiveness of the document depends upon the clauses included in the same. This is the reason why it is imperative for both sellers and buyers to understand the terms and conditions that are imperative to mention in a vehicle bill of sale which goes a long way in ensuring that the document validates the purchase faultlessly and can be produced in the court of law in case breaches are made by either party.

Here is a small list of core clauses that a strong bill of sale for automobiles must include...

• Complete details of the buyers and sellers – Here, the names, verified street addresses and contact information of the both involved parties must be mentioned clearly and comprehensively. As far as selling is concerned, it is importance to note that only the true owner of the vehicle is entitled to create and sign bill of sale for the same.

• Complete details of the vehicle to be sold – This includes everything from vehicle type, model, make, location and VIN to condition of the vehicle, repair / maintenance information, history of the vehicle in case it is pre used, Odometer reading etc.

• Warrantees – Warrantees are usually in 3 types; they are the seller warrantees, the buyer warrantees and ‘no more warrantees’. In the seller warrantee the seller guarantees that he / she is the rightful owner of the vehicle and no other party holds interest in it. In buyer guarantee, the buyer guarantees that he / she has the right to make the purchase legally. In ‘no other warrantees’ the seller offers the vehicle ‘as is’ and therefore, is free of liabilities after the purchase is complete.

• Odometer disclosure statement – This clause is extremely important as the state and federal laws require accurate mileage disclosure for the title to change hands. Improper or faulty information can land both parties into considerable hassles.

All thanks to pre designed auto bill of sale forms, filling the same with all core inclusions along with proper guidance has become very easy. The forms can also be downloaded from trusted online platforms for free. For more information about getting a bill of sale in Alabama, please visit this website.

Author Resource:-

Carl writes often about online legal drafting like affidavit, bill of sale and release/ waiver agreement to help the people. You can find his thoughts at free bill of sale template blog. Please visit this site to get a sample bill of sale in Florida.

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