Set terms for the sale or purchase of a trailer: Trailer Bill of Sale
What is a Trailer Bill of Sale?
A Trailer Bill of Sale is a legal document that allows a buyer or seller to set terms for the sale or purchase of a trailer. Trailer Bills of Sale typically include important information about the transaction, such as the names of the buyer and seller, contact information, trailer description, sale price, payment methods, and warranty details.
If you are selling a trailer, you can use this document to record the details of the purchase for your accounting records. On the other hand, if you are buying a trailer from a private seller, a Trailer Bill of Sale serves as proof of purchase and a record of the trailer's expected condition. It is important that this document contain the exact make, model, color, and VIN number of the trailer being sold so that everyone is on the same page about the purchase in question.
Get started on your own Trailer Bill of Sale – with Rocket Lawyer, it can be as simple as answering a few questions. We will build the document for you.
When to use a Trailer Bill of Sale:
- You own a trailer that you would like to sell and want to record the details of the purchase for your accounting records.
- You plan to buy a trailer from a private seller and want to have proof of purchase and a record of the agreement in writing.
Sample Trailer Bill of Sale
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| County of |
FOR AND IN CONSIDERATION OF the sum of U.S. Dollars, paid by , the receipt and sufficiency of which is hereby acknowledged, and (the "Seller"), presently of , , DOES HEREBY SELL, ASSIGN, AND TRANSFER to (the "Buyer"), presently of , , , the following described trailer (the "Trailer"):
Make:
Model:
Year:
Color:
Vehicle Identification Number (VIN):
The Buyer has been given the opportunity to inspect the Trailer, or alternatively, have the Trailer inspected. Additionally, the Buyer has accepted the Trailer in its existing condition.
The Seller certifies under penalty of perjury that the statements made in this Bill of Sale are true and correct to the best knowledge of the Seller.
| By: | Date: |
| By: | Date: |
| By: | Date: |
This Bill of Sale was acknowledged before me on this _____ day of ____________________, _____ by ______________________________, who, being first duly sworn on oath according to law, deposes and says that he/she has read the foregoing Bill of Sale subscribed by him/her, and that the matters stated herein are true to the best of his/her information, knowledge and belief.
On this _____ day of ____________________, _____, before me personally appeared ______________________________, to me known to be the person described in and who executed the foregoing Bill of Sale, and, being first duly sworn on oath according to law, deposes and says that he/she has read the foregoing Bill of Sale subscribed by him/her, and that the matters stated herein are true to the best of his/her information, knowledge and belief.
On this _____ day of ____________________, _____, before me, ________________________________, personally appeared ______________________________, known to me (or satisfactorily proven) to be the persons whose names are subscribed to the within Bill of Sale, and, being first duly sworn on oath according to law, deposes and says that he/she has read the foregoing Bill of Sale subscribed by him/her, and that the matters stated herein are true to the best of his/her information, knowledge and belief.
In witness whereof I hereunto set my hand and official seal.
Notary Address:
_________________________________
_________________________________
_________________________________
_________________________________
The Bill of Sale can be signed online. It becomes effective as of the date specified in the document.
Your state requires this document to be notarized.
If you sign this Bill of Sale online a copy will be securely stored in your account.Trailer Bill of Sale FAQs
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How do I write a Trailer Bill of Sale?
It's simple and easy to get what you need with a free Trailer Bill of Sale template from Rocket Lawyer:
- Make the document - Provide a few simple details, and we will do the rest.
- Send and share it - Look over the document with an attorney, if desired.
- Sign it - Sign your Bill of Sale online and make it legal.
Once your Trailer Bill of Sale is made, you can edit, download, sign, or share it. Make sure you keep a copy for your records.
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Why is a Trailer Bill of Sale important? Is it legally required?
A Trailer Bill of Sale is important because it serves as proof of ownership transfer and helps protect both the buyer and seller in the transaction. It provides documentation of the sale price, condition of the trailer, and any warranties or disclosures made by the seller.
While it is not always required by law, it is highly recommended for all trailer sales to document the transfer of ownership and protect the interests of both parties. Some states may require a Bill of Sale for certain types of trailers or transactions.
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Do I need to hire an attorney to review my Trailer Sale Agreement?
Writing a Trailer Sale Agreement is generally simple, but you could still have questions. Locating someone to proofread your Bill of Sale may take a long time if you do it yourself. Another approach worth considering is to request help from Rocket Lawyer Legal Pros. Rocket Lawyer members can request a document review from an experienced lawyer or get answers to additional legal questions. As always, you can be confident that Rocket Lawyer is by your side.
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On average, how much would I traditionally have to pay to make a Trailer Bill of Sale?
The cost of hiring and working with the average attorney to produce a Trailer Bill of Sale might add up to anywhere between two hundred and one thousand dollars, depending on where you are located and how complex the matter may be. When using Rocket Lawyer, you aren't just filling out a Bill of Sale template. In case you ever need support from a lawyer, your Premium membership offers up to 40% in savings when you hire an attorney.
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Can I use a generic Bill of Sale for a trailer?
While a generic Bill of Sale form may be used for a trailer sale, it is advisable to use a specialized Trailer Bill of Sale form that includes specific details relevant to trailers, such as VIN, make, model, and trailer type. This helps ensure the accuracy and completeness of the document.
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Am I required to do anything else after drafting my Trailer Bill of Sale?
After creating a customized Bill of Sale with the help of Rocket Lawyer, you'll have the ability to open it wherever and whenever you choose. With a Rocket Lawyer membership, you may make edits, print it, or sign it with RocketSign®. Alongside your Trailer Bill of Sale form, you will also find a checklist of instructions for what to do next after the document is completed.
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What should I do after completing a Trailer Bill of Sale?
After creating your Bill of Sale, you must register the trailer with the state. Many states require that you register the trailer anywhere between 5 to 30 days. If the trailer is left unregistered, it will be considered illegal to operate on the streets.
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Does a Trailer Bill of Sale form need to be notarized or witnessed?
Witnesses and notarization are not legally required for your Trailer Bill of Sale form.
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What should I do after completing a Trailer Bill of Sale?
After creating your Bill of Sale, you must register the trailer with the state. Many states require that you register the trailer within 5 to 30 days. If the trailer is left unregistered, it will be considered illegal to operate on the streets.
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