Download vehicle bill of sale as per Arkansas state laws. May also include conditions of the sale for the buyer and the seller. It is a simple form of insurance. If lost, you won’t be able to apply for registration, won’t be able to prove ownership if someone claims the vehicle is theirs, and you may have some difficulty selling. ), and any other specific… The form will need to be filled in by the parties entering the following; Buyer’s ËvyR½ä™ð´Óž¥BÛ¨Ç&N8.ÖV=ùý÷‰rÞ¶äf#nØ7N9ABŶ*ÿê .-Ò⻩¯å³B±h¹¸Á¹B¿ 0. An Exchange of Funds – In exchange for the Trailer, money is typically given to the seller. You want a UTV Bill of Sale that clearly spells out the year, make, model, mileage, condition and description of the vehicle. Each state has different rules for what they consider a valid bill of sale, but a contract itself must abide by the following rules: Offer: The agreement to exchange the vehicle for an amount of money. If a trailer is included it must be itemized on the bill of sale for sales tax purposes or be on a separate bill of sale. In short, a properly executed Bill of Sale will protect you from future liabilities and allow you to register the vehicle. Double-Drop Dry-Van (Enclosed) Trailers 1. The Preparer must Your email address will not be published. 0. A bill of sale is a document recording transaction details; generally, these transactions involve the transfer of personal property. Stretch 2. This bill of sale form can be completely customized using an appropriate document However, many trailer sales take place between private parties. The form can be used for utility trailers, horse trailers, snowmobile trailers, etc. The Arkansas vehicle tax credit bill of sale is in accordance with Act 1232 of 1997 which allows a seller who sells a motor vehicle, trailer, or semi-trailer forty-five (45) days before or after the purchase date to be treated as a trade-in. Trailers can range from a few hundred to thousands of dollars depending on the type. Kayaks 3. A bill of sale acts as a contract between the buyer and seller of a Trailer. When the purchase is atypical or from a private seller, a receipt may not be available so you must look to a Arkansas Bill of Sale in order to document the transaction. An Exchange of Funds – In exchange for the UTV, money is typically given to the seller. If applying for vehicle registration, most states now have an online registration portal you can use in which case you will need an electronic copy of the document. The trailer, if applicable, must be itemized on the bill of sale or listed on a separate bill of sale if the document is to be used for sales tax credit purposes Many Arkansas OMV documents contain an official penalty of perjury statement, though the bill of sale does not, per se. This will ensure the seller can document the sale of their vehicle if property is damaged or someone is injured during its use. The most common items which require a bill of sale are cars, boats, motorcycles, and trailers however the list is virtually endless when you consider all of the items that we buy and sell everyday. The contract is also valid only if it is lawful. We also suggest securing a valid Arkansas bill of sale to properly document the sale including the sales price, condition of the trailer, and hold harmless language to protect the buyer and seller. A proper bill of sale will be necessary when applying for registration as you will need to show ownership of the trailer. arkansas bill of sale for utility trailer - Fully editable photoshop template.High quality. These vehicles can be very expensive. The Arkansas boat bill of sale form is for a buyer and a seller of a vessel seeking to transfer the ownership in exchange for cash or other assets. Enclosed / Open 3. not qualify as a sale for this credit. I registered a homemade boat trailer in Arkansas recently. Refrigerated 2. A bill of sale in writing is typically the best type of bill of sale due to the fact that it can be drafted easily, and clearly made to confirm that the person is truly the owner or the purchaser of the said item, which in this case, is a trailer.. Trailer Bill of Sale ARKANSAS TRAILER BILL OF SALE This bill of sale can be used to transfer ownership of a used trailer from one party to another. Are you looking for a free Arkansas Car Bill of Sale template?You might have a car that you want to sell or are planning to buy a new one in Arkansas. The Arkansas boat bill of sale form creates a detailed account of the essential components constituting the sale of a vessel and the individuals involved in the transaction.The form generally entails an agreement on a determined purchase price, along with the buyer, seller, and watercraft specifics. Whether you giving or receiving cash for an item, you want proof of the transaction in the event someone makes a claim against ownership (if you are the buyer) or if someone is injured by or on the trailer (if you are the seller). ATV 2. DMV: Arkansas Bill of Sale ; Arkansas: Notice of Ownership Transfer (Vehicles) Writer Bio. If the sale does not include the motor or trailer, you should cross out the unnecessary sections. Your state may require the trailer be registered with the department of motor vehicles. There are many types of choose from the list below: Hauling Trailers 1. 0. Single / Multi-Vehicle Once you know the type of trailer it’s best to get the number (#) of axels, length, year, maximum weight (lb. We also suggest both the seller keep a copy of the Bill of Sale, and the buyer keep the original. qj{ q‹Ü7L2ëlLpšf»ìÙ×ْ#;ßú Free Arkansas Trailer Bill of Sale Template Posted on June 29, 2018 October 12, 2020 by Tom Scarn When purchasing or selling a Trailer in Arkansas you always want to document the transfer of vehicle from the seller to the buyer. After you have made your purchase and received an executed bill of sale the first thing you should do is put it in a secured location. Misinterpretation or falsification of information using this form is a punishable offence under the provision in Arkansas law. An Arkansas bill of sale for motor vehicles must include a warning about what happens if the buyer or seller attempt to avoid paying the proper tax on the vehicle. Canoes 4. You want a Trailer Bill of Sale that clearly spells out the year, make, model, mileage, condition and description of the trailer. 0. There are two general reasons why you want to get a Bill of Sale in Arkansas when purchasing or selling a Trailer: 1. Consideration: The amount of money being exchanged. Acceptance: Signatures of both parties on the bill of sale. Download Arkansas Bill of Sale Form for Free FormTemplate offers you hundreds of resume templates that you can choose the one that suits your work experience and sense of design. A trailer bill of sale is a documented agreement for the sale and purchase of any structure that can be towed by large transport vehicles. Competant Parties and Legal Intent: Both parties entering the contract must be competant (age, mental capacity, and not impaired or forced). Not Refrigerated Vehicle Carrying Trailers 1. 2. Free auto bill of sale example form is available for ready use while selling watercraft, vessel, used car or motorcycle. If you buy your trailer from a dealership, you will automatically receive a bill of sale. 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