How to Get a Bill of Sale in Connecticut
A Connecticut bill of sale is a legal document that records the ownership transfer of a motor vehicle between two parties. A vehicle bill of sale may be used for personal reasons or for tax purposes but not for completing a car title transfer procedure. However, individuals are recommended to complete a car bill of sale in addition to the paperwork needed when filling out a vehicle title transfer form or car registration.
The document should be filled out by sellers with information about themselves and about the motor vehicles they are selling. Although the form does not have to be completed by the buyer, he or she is encouraged to verify the accuracy of the information written on the form and provide his or her signature to authorize the purchase. For more detailed about the CT auto bill of sale, read the sections below.
When is a bill of sale necessary in Connecticut?
Although a bill of sale in Connecticut is not necessary for completing a title change, both buyers and sellers are recommended to print and complete a bill of sale PDF when engaging in a vehicle transaction. However, the form may be useful for both vehicle sellers and purchasers for tax purposes. In addition, keeping a copy may prove beneficial for both parties in case of any future legal disputes.
Who needs a Connecticut bill of sale?
A generic bill of sale is important for both parties engaged in a vehicle transaction. The CT bill of sale template is useful for vehicle sellers because it contains information about the buyer and a detailed description of the motor vehicle that is being sold. This helps the seller retain information about the car that he or she would otherwise not have access to.
A simple bill of sale may also release the seller from liability in case the vehicle in question is tied to a traffic violation. Vehicle buyers may need a copy for tax purposes or for personal reference. The document may thus prove beneficial if legal inconveniences occur in the future.
How to Complete a Bill of Sale Form in Connecticut
A bill of sale form in Connecticut is recommended in various situations when two parties are involved in the sale and purchase of a vehicle. The seller must obtain a bill of sale PDF and complete it before handing it over to the vehicle buyer.
Once sellers obtain a bill of sale template, they are required to complete it with the following information:
- Date of sale
- Vehicle selling price
- Vehicle information, including the make, year, color, model name, body style, odometer reading and vehicle identification number (VIN)
- Information about the vehicle seller (name, address and signature)
- Information about the vehicle buyer (name and address)
Once the CT bill of sale document is begun by the vehicle seller, it must be provided to the buyer in order to complete the procedure. The bill of sale agreement should be checked for accuracy of information. The document does not require the purchaser’s signature, but it may be of use in case potential legal issues occur in the future.
Therefore, the form should be carefully reviewed by both the buyer and the seller to ensure that the information it contains is correct. Neither party should sign the document before verifying the accuracy of the information.