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All-terrain Vehicle (Atv) Bill of Sale Form
An ATV Bill of Sale is a legally enforceable document that outlines the particulars of an all-terrain vehicle (ATV) transfer from one party to the other. Both the seller and the purchaser must be protected by a contract that determines the conditions of their agreement, so even if you are transferring the ATV to your relative or close friend, you need to draft a simple ATV Bill of Sale and avoid issues and misunderstandings in the future. Only after you sign the agreement and submit a copy of it for registration at the local DMV you will legally own the vehicle and will be able to drive the ATV in question or transfer it yourself.
You can download an ATV Bill of Sale template through the link below.
How to Write a Bill of Sale for an ATV?
Here is how you should compose a Bill of Sale for an ATV:
- Identify the parties to the contract . While most documents of this kind simply name the seller and the purchaser, you can add an extra level of protection to the deal if you add addresses and driver's license numbers especially if one of the counterparts or both of them have common names.
- Indicate the value of the ATM and the payment method you have used for the sale . If there are additional provisions such as payment in installments, ensure it is mentioned in the text of the contract.
- Describe the ATV . It is necessary for proper identification and confirmation the purchaser is aware of all the essential characteristics of the vehicle and potential flaws that exist at the time of the deal. You need to state the identification number, make, model, year, color of the ATV and modifications and customizations used to upgrade the vehicle. Enter the odometer reading of the ATV - the buyer can put their signature right next to it to show the seller informed them of the mileage and distance traveled by the ATV. Note the defects of the vehicle if there are any after the buyer performs their inspection of the ATV and checks there are no other malfunctions or problems the seller has chosen to conceal.
- Sign and date the agreement . Note that the date indicated on the bill of sale should be the actual date of the purchase - do not put an earlier or later date in case you encounter difficulties along the way: it will be harder to prove you got rid of the ATV or bought it at a different time than the one recorded in writing. Alternatively, you may ask your legal representative to sign the bill of sale instead of you provided that he presents a copy of the authorization to the other party.
- Notarize the ATV Bill of Sale if you want to safeguard your interests even further . A notary seal will certify the parties to the agreement were identified and that they have signed the papers without any duress.
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Download All-terrain Vehicle (Atv) Bill of Sale Form
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