Since a bill of sale is required in Connecticut, you should plan to get three copies, one each for the seller, the buyer, and the DMV. Description of the motor vehicle (VIN, make, model, year, color, body style, odometer reading).Whether you use the state’s form or create your own, the following information needs to appear on your vehicle bill of sale: You can complete a bill of sale in Connecticut in any language, but the forms available from the state are in English. Additional Considerations Language Requirements A bill of sale can help the seller prove that they are no longer the owner, and thus not responsible for fines or damages. A vehicle or some other item could be towed or involved in an accident. If the buyer fails to make a promised final payment or register a vehicle in their name, a bill of sale could give the seller protection and recourse. It is a legally binding document of the transaction proving that the purchase was valid. And the buyer will need a bill of sale to get a registration for most types of property in Connecticut.Ī bill of sale also protects both the buyer and seller from any future issues such as mistakes, theft, or fraud. A buyer or seller might need this information for insurance or tax purposes. It has contact information for both parties as well as a description of the item being sold, the date of the transaction, and the purchase price. Why Use a Bill of Sale?Ī bill of sale form contains information that is valuable to both the buyer and seller for record-keeping purposes. When you fill out a bill of sale, you’ll include information that identifies both the buyer and seller as well as the property being transferred. It is generally used for such things as vehicles, boats, trailers, livestock, and other personal property items of value.ĭepending on the type of property you are buying, a bill of sale might be required by law for you to legally transfer ownership and register the item in your name. Signature/Certification: The signature of the seller and/or buyer - in-person signatures are always valid, but you can use PandaDoc to obtain a legal digital signatureĪ bill of sale in Connecticut is used to prove the transfer of ownership of a piece of property from one person to another.As-is: Indicates that the item was sold as-is and without any warranties.Description: A description of the property being sold, including make, model, year, and VIN.Sales tax: Indicates whether or not sales tax was collected.Date of sale: The date that the sale took place.Buyer: the person or party that is taking possession of the property in exchange for consideration.Seller: The person or party that is releasing the property.
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