Unless you need to file a copy of the bill of sale with the state, only the buyer and seller need copies of the bill of sale. When a bill of sale is required to transfer property, it should include the name of the buyer and seller, their contact information, what is being transferred, and specifics about the transaction, such as the date and amount paid. You can draft an Arizona bill of sale in any language you choose, but the state’s form is only available in English. Additional Considerations Language Requirements

With a bill of sale, you can show that the transfer of ownership took place. If the vehicle is in an accident or later abandoned before it is properly titled and registered in the new owner’s name, an insurance company or the state might pursue you for financial compensation. If you’re the seller, a bill of sale can help protect your interests. A bill of sale helps prove that you’re now the rightful owner of the property. This includes the name, address, and driver’s license # of the seller, when the purchase occurred, and how much was paid for the item. Why Use One?Īs a buyer, a bill of sale can help you keep track of important information for your files.

While a bill of sale isn’t a requirement to transfer the ownership of most property in Arizona, it can help protect both buyers and sellers during high-value transactions. It also lists important information about the sale and property, such as a vehicle identification number (VIN), sales price, and transaction date. When you buy or sell a vehicle, trailer, boat, gun, or even livestock in Arizona, the state’s form ( 48-2004) confirms that personal property is being transferred from one party to another. In-person signatures are always valid, but you can also use PandaDoc to obtain a legal digital signature.īills of sale are commonly used to transfer ownership of high-value goods.

Signature/Certification: The signature of the seller and/or buyer.As-is: Indicates that the item was sold in its existing state at the time of sale, and without any warranties.Description: A description of the property being sold, including make, model, year, and VIN# for vehicles.Sales tax: Indicates whether or not sales tax was collected.Price: The amount paid for the property.Date of sale: The date that the sale took place.Buyers: The person or party that is taking possession of the property.Seller: The person or party that is releasing the property.

Bill of sale horse trailer template