A Vehicle Bill of Sale, however, only represents the transfer of the right to ownership. It includes the purchase price, the VIN, the model and year of the vehicle, the warranty, an odometer reading, the signed legal names and addresses of both the seller and the buyer, and sometimes a notarized signature. A Bill of Sale documents the terms and conditions of the exchange between two private people. Most states require a Vehicle Bill of Sale or some other documentation when buying or selling a car. How do I transfer vehicle ownership when buying or selling a car? Gifting, donating, or junking a vehicle.Here are the most common situations where a vehicle title transfer may be required: When a vehicle has, or is required to have a title, when ownership changes, a title transfer is typically required. When is a vehicle title transfer required?
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