A Kentucky vehicle bill of sale is a personal property legal document that’s used during the transfer of ownership of a motor vehicle. It includes several key details related to the transaction which ensures a clear record of the purchase is kept.
A bill of sale provides protection to both the seller and the buyer, mitigating future disputes. The bill of sale officially transfers ownership from the seller to the new owner. Having a Kentucky bill of sale form can speed up the vehicle registration purposes at DMV.
Common types of a Kentucky vehicle bill of sale
Private sale
Used when an individual sells their personal property, a vehicle, to another individual without involving a dealership or third party.
As-is sale
If the vehicle is sold "as-is," without a warranty, the buyer assumes all risks and responsibilities for any defects or issues after the sale.
Trade-in sale
A bill of sale form documents the transaction when a vehicle is traded in at a dealership.
Having a Kentucky motor vehicle bill of sale isn’t legally required in the state of Kentucky. However, we highly recommend you create one as it protects both parties during the transfer of ownership.
Frequently asked questions
While not mandatory for all sales, we recommended you use a bill of sale to protect both the buyer and the seller in any vehicle transaction.
Absolutely. Our fillable Kentucky bill of sale template is fully customizable, allowing you to include all relevant details and terms.
Kentucky doesn't require a specific format. However, the bill of sale form must include the essential details such as vehicle information, buyer and seller details, and the agreed-upon terms, including the sales tax, if any.
Kentucky doesn't require you to notarize a vehicle bill of sale, but both parties may choose to have it notarized by a notary public for an extra layer of assurance.
Yes, other than the bill of sale, you may also need the vehicle's certificate of title. Additional documents might be necessary for a boat bill of sale or a firearm bill of sale.
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