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Generic Bill of Sale Form - Tennessee
What Is a Tennessee Generic Bill of Sale?
A Tennessee Generic Bill of Sale is a document completed as legal evidence of a property transfer from one party to another. Properly drafted, it will release a seller from liability for the item and prove a buyer is the new owner of the property. This document is normally used in private sales between individuals and entities to record the transfer of all kinds of items that do not require filling out specific forms, for instance, electronics, jewelry, furniture.
Alternate Name:
- Tennessee Bill of Sale.
There is no Tennessee-specific form to complete when selling or buying these goods. Instead, you may download and use the Tennessee Bill of Sale form via the link below , or you can compose a more personalized document with the help of our form builder . The state does not have any mandatory requirements with regard to the content of the generic template; however, you should state the names and addresses of the parties, describe the property in full detail, indicate the date and location of the deal, mention the payment details, and sign the form. Prepare the document in two original copies for each party of the transaction.
How to Apply for a Bonded Title with a Bill of Sale in Tennessee?
If the sold item is a car, a bonded title, also known as a title surety bond, is typically required to transfer ownership and register the vehicle. It is a legal certificate that serves as legal proof of your ownership of a vehicle. It is issued for three years, and the bond amount stated on the title must be 1,5 times the determined value of the vehicle.
If you bought a motor vehicle and only received a bill of sale or the title was improperly assigned to you, you may obtain a bonded title if you follow these steps:
- Contact the Special Investigations Unit of the Tennessee Department of Revenue to find out if you are eligible for a bonded title by calling (888) 871-3171;
- Complete a Surety Bond Application and submit it to the Vehicle Services Division, 44 Vantage Way, Suite 160, Nashville TN 37243-8050 ;
- Wait for the Department approval and calculate the bond amount;
- Purchase a bond from a surety bond company of your choice;
- Submit the paperwork to the local county clerk's office to apply for the Tennessee bonded title.
Does a Bill of Sale Have to Be Notarized in Tennessee?
Tennessee does not require a notary for a Generic Bill of Sale but it is generally a good idea to have notarization or witness to a sale in order to confirm the transaction has taken place. This can save any possible trouble that might occur if the seller or buyer contest the transaction at a later date.
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Download Generic Bill of Sale Form - Tennessee
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