![]() The Wisconsin Department of Transportation provides a sample bill of sale form in its official instructions for selling a vehicle, although it’s noted that the template is not valid and should be used for record-keeping purposes only. However, you can and should use one to have a written record of the deal in case any liabilities follow the transfer of ownership. When buying or selling a big-ticket item in Wisconsin, such as a vehicle or vessel, you are not required to sign a bill of sale to complete the transaction. In-person signatures are always valid, but you can also draft bills of sale online using tools like PandaDoc document templates to accommodate legal electronic signatures. Signature/Certification: The signature of the seller and/or buyer.As-is: Indicates that the item was sold without any warranties and with the buyer being aware that it was not in perfect condition.For example, vehicle bills of sale often include a car’s make, model, year, and Vehicle Identification Number (VIN). Description: Details of the property being sold.Sales tax: This indicates whether or not sales tax was collected, and may also indicate if said taxation is included in the purchase price or if it should be paid separately.Price: The amount paid by the buyer for the property.Date of sale: This notes when the transaction took place.Buyer: The person or party that is taking possession of the property in exchange for a consideration, such as a purchase price.Seller: The person or party that is releasing the property. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |