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Most American’s understand the importance of protecting themselves when buying or selling a car. Using a bill of sale is the easiest way to do this. There are however 3 key points that need to be addressed when creating your bill of sale template and this article will discuss each of them.

No one wants to end up in possession of a stolen car. So to protect yourself, it is important to include a statement by the seller that the vehicle is not stolen and is legally theirs to sell. This is something that many people miss when creating their own bill of sale form. Below is an example of how this could be worded within your bill of sale template;

“I certify that this vehicle is not stolen or fraudulently acquired.”

Secondly when purchasing an automobile privately it is recommended to include a statement by the seller that says that there are no debts outstanding against the vehicle. Every year there are unsuspecting car buyers caught out when they discover that the car they have just bought has a lien against it and the debt is now theirs. An example of how to include this in your template is given below;

“The Seller(s) affirm that they are the true and lawful owner(s) of the above described vehicle, and that the same is free of all encumbrances.”

The third and final important point to include in your bill of sale template is not just the name, address and licence numbers of both the buyer and the seller but also their signatures. Having them sign the completed bill of sale form will show that they agree that the information it contains is correct. This will avoid any problems after the sale has occurred if either party claims to have not received what was agreed upon.
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