Simple free bill of sale9/14/2023 In some states, you may need to add an odometer disclosure statement or a separate form on the bill of sale. Depending on your state, you may also need to file an Affidavit of Motor Vehicle Gift Transfer or similar document.įor a vehicle purchase, buyers should keep an original copy of the document for registration. If the asset is transferred as a gift, this can be recorded on the bill of sale, and the purchase price can be set to $0. Not all states or counties require a bill of sale, but it is generally recommended to sign one to add an extra layer of protection in case of future disputes. Once signed, both the buyer and the seller should keep a copy of the bill of sale to prove that the transaction occurred. A bill of sale is a document that details a sales transaction or transfer of ownership between two parties.
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