Delaware Motor Vehicle Bill of Sale is an important legal document required during every sale/purchase type of the transaction pertaining to a motor vehicle. Submitting this document along with the title of the vehicle is necessary during the transfer of the vehicle from the seller to the buyer in concerned Department of Motor Vehicle of the State.
Motor Vehicle Bill of Sale also serves as documentary evidence that the buyer has paid the price of the motor vehicle mutually agreed with the seller. Furthermore, this document is a proof for establishing the rightful ownership of the motor vehicle. Furnishing the details pertaining to the vehicle along with the odometer reading is of utmost necessity. This document is legally binding on both the concerned parties.
Begin by entering the date of sale/delivery. Type the details of the seller like legal name, driving license number, address, city, state, and zip code. Continue by furnishing the information like buyer’s legal name, driving license number, address, city, state, and zip code.
The next section requires input of vehicle details like year, make, model, engine size, color, vehicle identification number, state title number, and odometer reading. Be sure to mark the appropriate choice from options miles, kilometers, or hours to quantify odometer reading.
Furnish defects and/or required repairs if any, on the lines provided in Damage Disclosure and Warranty section. The seller undertakes no responsibility of payment towards the repairs and/or defects mentioned in these lines.
Enter the mutually agreed price of the vehicle in the box provided for the same. Entering the price in this box provided in the Motor Vehicle Bill of Sale document serves it as a receipt for the payment made by the buyer to the seller of the motor vehicle.
Signatures section of the Motor Vehicle Bill of Sale document has spaces for signatures of the buyer and seller along with the printed names. Mention the date in front of the signature of the buyer and seller in the spaces provided for the same. The concluding portion of the document has space for the acknowledgement by the Notary Public of the State. However, certain states do not require acknowledgement of the Notary Public for the transfer of the aforementioned motor vehicle.
Before You Proceed
- Motor Vehicle Bill of Sale document has a space for notarization. However, DMVs of certain state do not require notarization.
- The document also serves as a receipt for the payment made by the buyer to the seller when the price of the vehicle is mentioned in the space provided for the same.
- Signing the Motor Vehicle Bill of Sale by seller and buyer makes it legally binding for both parties including undertaking mentioned here within.