![]() ![]() If you're providing or obtaining a service such as business consulting or babysitting, you should instead use a general contract for these services. (a legal instrument used to transfer interest in real property) when you're dealing with a real estate transaction.Ī bill of sale transfers ownership, not services. You can't use a bill of sale to transfer real estate between owners because real estate transactions are more complicated than the types of transactions listed above. You will need additional forms from your state or local government, or a Some transactions involve an exchange of property but do not require a bill of sale, including the following: ![]() Many states will require a signed bill of sale in cases when you are transferring a title with a state's department of motor vehicles (DMV) or buying and selling branded livestock. You plan to purchase a motor vehicle or other property from a private seller, and you want to record the proof of purchase and the details of your agreement in writing.Ī proof of purchase is required. Examples of property include a motor vehicle (such as a car) or other personal property, but not real estate. You own property you would like to sell and need to have a record of the purchase detail for accounting records. You should use a bill of sale for the following circumstances: Since a bill of sale will include details about the condition of the item sold and any warranties, as well as terms of payment, this document acts as legal proof of the agreement. A bill of sale should include all details of the transaction as a way to protect both parties if a disagreement about the condition of the item or terms of the sale occurs. This legal document records a transfer of ownership of an asset from one party to another. As a rule, the seller will draft the document. A bill of sale is also useful for transfer of other personal property such as a bicycle, furniture, a laptop, or an animal such as a horse or other livestock. You can also use a bill of sale to record the transfer of personal property, such as purchasing or selling a used car. You'll typically see a bill of sale used to record the sale of automobiles, motorcycles, watercrafts, or other objects associated with transportation. This type of document serves as legal evidence that the seller transferred his or her rights to the assets described in the bill of sale.Ī bill of sale must include key information such as the following: This document becomes important when you need to buy or sell personal property. You may associate bills of sale with used vehicles, but you can use this document for a variety of items.Ī bill of sale will detail a transfer of property or sale of items between a seller and buyer. A bill of sale, proof of purchase, proof of payment, As Is Bill of Sale, Proof of Sale, Sales Slip, or Sales Receipt, is a document or receipt used to transfer the ownership of an object such as a vehicle. Check with your local store if you wish to inquire as to the availability of signature witnesses, if such a requirement is mandated by the laws of your state. ![]() Accordingly, not all locations are staffed to provide additional signature witnessing services. In some cases, a notary public might not be legally allowed to also, simultaneously, act as a signature witness. Laws vary by state and some documents may require witnesses in addition to the notarization.Bring a valid, government issued photo ID with you when you visit your local The UPS Store center for notary services.If you need an I-9 Employment Eligibility form or Will notarized, please contact the store first before visiting the store for notary service Be Prepared for Your Notary Visit * Many The UPS Store locations do not notarize I-9 Employment Eligibility Verification forms or Wills. Types of documents that may require notarization*: A "notary public," following his or her official appointment, a notary public performs as a quasi-public officer to attest to the proper execution of these important documents. Given the inherent formal and corresponding significance of this subject of legal documents that must be notarized, state governments have deemed it necessary to enlist a trained individual to assist with their execution. Once your documents are notarized, the center will help you make any necessary copies and ship them where they need to go.Ĭertain documents must be notarized in order to have legal effect. The UPS Store locations offer notary services to help make life easier. ![]()
0 Comments
Leave a Reply. |