How to Get a Bill of Sale in South Dakota
Completing a vehicle bill of sale in South Dakota is an important step during a vehicle sale transaction between a buyer and a seller. The car bill of sale form is an affidavit that contains important information regarding the vehicle in question and the legal entities involved in the sale. Since a signed SD auto bill of sale contains the transferor’s signature, it can be used for several general purposes.
A legally-binding DMV bill of sale may be required for certain vehicle-related transactions through the state’s Division of Motor Vehicles (DMV) of the Department of Revenue. Therefore, the DMV offers an official bill of sale template that buyers and sellers may be able to utilize. To learn more about the sample bill of sale forms available in South Dakota, as well as how to complete these documents and when they are necessary, read the following sections.
When is a bill of sale necessary in South Dakota?
A South Dakota bill of sale form is not typically mandated when titling and registering a newly-purchased vehicle. However, a completed SD bill of sale PDF or printout may be required by the state DMV in several special circumstances.
To successfully title and register an out-of-state vehicle, for instance, applicants will have to submit proof of purchase in addition to meeting the standard DMV requirements. A fully completed sample bill of sale template can be utilized as proof of purchase in such cases.
Submitting this credential is also a requirement when registering rebuilt vehicles constructed using old and new vehicle parts. In such cases, DMV customers will be required to furnish the corresponding ownership documentation of every major component used in the construction process.
A vehicle bill of sale receipt serves as evidence of ownership, along with titles, invoices, receipts and certificates of origin. Another instance when this document may be required is during the vehicle registration procedure regarding different types of cars. For example, a bill of sale agreement may be needed at different stages of the titling and registration processes of all-terrain vehicles, off-road vehicles, snowmobiles, manufactured homes, boats and recreational vehicles.
Who needs a South Dakota bill of sale?
Saving a copy of the South Dakota DMV bill of sale after selling or purchasing a vehicle is important, regardless of whether or not you need this document straight away. In addition to the added protection of a signed bill of sale form against future disputes regarding a vehicle sale, this document may prove useful for other general purposes, as well.
For example, the details contained on an auto bill of sale can be utilized to fill out a seller’s report of sale notice before submitting it to the state DMV. Moreover, a bill of sell document may help you avoid liabilities resulting from traffic infractions committed by the buyer, since this credential releases you from responsibility after you sell a vehicle.
You can use a bill of sale for car or other vehicle purchases as a reliable proof that you are the new owner of a vehicle. Furthermore, this document can be useful after the process of buying a car because it can also be used to calculate the due excise tax, as it contains sale price information from the vehicle purchase. Since a generic bill of sale may prove beneficial in numerous situations to both the parties in a vehicle ownership transfer, keeping a copy after the sale transaction is a step that must not be avoided.
How to Complete a Bill of Sale Form in South Dakota
When filling out a vehicle bill of sale contract in South Dakota during the procedure of buying or purchasing a motor vehicle, car owners will be required to include data about the vehicle and the parties involved in the sale. However, prior to completing a template for this credential, you have the option of obtaining a vehicle history report in order to get all the facts about the vehicle in question. An SD DMV bill of sale must contain the following information:
- The date of sale and the sale price.
- The vehicle make, model, year and title number.
- The vehicle serial number.
- The name of the purchaser and the seller’s signature and address.
- The date the bill of sale form was filled out.
If you are submitting a bill of sell to the state DMV in order to finalize a vehicle-related transaction, you will generally be required to also provide additional paperwork in person through a county treasurer’s office. Find out whether or not other methods of delivering this documentation is available by contacting the DMV. Additionally, prior to submitting a DMV bill of sale for official purposes, ensure that the provided information is correct to avoid delivering a fraudulent document.