A Vermont vehicle bill of sale is a legal document that records the transfer of ownership of a motor vehicle from one party to another. This document serves as proof of the transaction when interacting with the Vermont Department of Motor Vehicles (DMV).
For sellers, it provides a clear record of the sale, which is useful for tax purposes and liability protection. For buyers, it demonstrates proof of ownership. This is essential for registering the vehicle with the Vermont DMV or at the deputy registrar office, and for the title transfer process.
There are different types of Vermont vehicle bills of sale, depending on the nature of the vehicle transaction. Some common types include:
Used for transactions between private individuals for personal property, including watercraft.
Used when purchasing a vehicle from a licensed dealer. After the transaction, the new owner may have to report the odometer reading and register their vehicle with the Vermont DMV.
This states that the motor vehicle is sold without any warranty, and the buyer assumes all responsibility for the vehicle's condition after the sale.
Yes, you must create a vehicle bill of sale when buying or selling a motor vehicle in the state of Vermont. It officially records the transfer of ownership and plays a key role in the vehicle registration or titling processes.
While you can create your own bill of sale, we recommend you use a fillable bill of sale template. This will ensure you include all the necessary details for a valid document.
No, a bill of sale and a title transfer are separate legal documents. The bill of sale documents the transaction, while the vehicle title transfer is the legal process of transferring the certificate of title from the seller to the buyer. Both are necessary when selling or buying a vehicle.
A Vermont motor vehicle bill of sale should include the vehicle's description (make, model, year, VIN), sale price, date of sale, both parties’ full legal names, addresses, and the buyer’s and seller’s signatures.
No. In Vermont, there’s no legal requirement to have your vehicle bill of sale notarized by a notary public.
Yes, you can use a bill of sale form for various types of vehicles, including boats (using a boat bill of sale), motorcycles, and all-terrain vehicles.
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