Article Guide
When buying or selling a vehicle in New York, a Motor Vehicle Bill of Sale form plays a crucial role in the transaction. This document serves as a receipt and proof of ownership transfer between the buyer and seller. It includes essential details such as the vehicle's make, model, year, and Vehicle Identification Number (VIN), ensuring both parties have a clear understanding of the transaction. Additionally, the form captures the purchase price and the date of sale, which are important for tax purposes and future registrations. Both the buyer and seller must sign the document, solidifying the agreement and protecting their interests. Having a properly completed Bill of Sale can help prevent disputes down the line and provides a valuable record for both parties involved.
Preview - New York Motor Vehicle Bill of Sale Form
New York Motor Vehicle Bill of Sale Template
This New York Motor Vehicle Bill of Sale serves as a legal document to document the sale and transfer of ownership of a motor vehicle from the seller to the buyer. This document complies with the New York State Vehicle and Traffic Law.
1. Seller Information:
- Name: ___________________________________
- Address: __________________________________
- City: __________________ State: NY Zip Code: _________
2. Buyer Information:
- Name: ___________________________________
- Address: __________________________________
- City: __________________ State: NY Zip Code: _________
3. Vehicle Information:
- Make: ___________________________________
- Model: __________________________________
- Year: ___________________________________
- VIN: ___________________________________
- Odometer Reading: _______________________ miles
- Color: __________________________________
4. Sale Information:
- Date of Sale: ___________________________
- Sale Price: $____________________________
5. Agreement:
By signing below, the Seller agrees to sell and the Buyer agrees to buy the motor vehicle described above, under the terms and conditions specified in this Bill of Sale. The Seller certifies that the information provided is true and accurate to the best of their knowledge. The Seller also certifies that the vehicle is free from all claims and offsets of any kind.
Seller's Signature: ___________________________ Date: ____________
Buyer's Signature: ____________________________ Date: ____________
This New York Motor Vehicle Bill of Sale is endorsed by both parties as a receipt and agreement of sale on the date specified above.
PDF Specifications
| Fact Name | Description |
|---|---|
| Purpose | The New York Motor Vehicle Bill of Sale serves as a legal document to transfer ownership of a vehicle from one party to another. |
| Governing Law | This form is governed by New York State Vehicle and Traffic Law, specifically Article 6, Section 415. |
| Required Information | Essential details include the names and addresses of both the buyer and seller, vehicle identification number (VIN), make, model, year, and sale price. |
| Signature Requirement | Both the buyer and seller must sign the Bill of Sale to validate the transaction. |
| Notarization | While notarization is not mandatory, it can provide additional legal protection and credibility to the transaction. |
| Record Keeping | It is advisable for both parties to keep a copy of the Bill of Sale for their records, as it may be needed for future reference or legal purposes. |
| Use in Registration | The Bill of Sale is often required when registering the vehicle with the New York Department of Motor Vehicles (DMV) to prove ownership. |
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