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California Bill of Sale Form

California Bill of Sale is an official legal paper that a business entity, a group of residents or entities, or an individual may need to legalize a deal aimed at purchasing or selling an item of property. In California, one needs the document if the amount of money paid for the item is over $500.00. Both parties included in the form will be able to prove the operation of sale or purchase if they need to register a car, a boat, or even a firearm.

Most often, the making of the document is initiated by the buyer to minimize the possibility of fraud on the part of the seller. Otherwise, the Bill of Sale is often used to keep all the documents just in case, for the ends of record storage. If one wants to have the document completed, one should check with the currently imposed regulations and laws in force in the state to ensure the correct completion of the bill. Be it an individual buyer and seller, or an enterprise or several of them, the completion of the Bill of Sale is a must when a valuable item’s transfer is concerned. There are three types of the Bill of Sale in California: Firearm Bill of Sale, General Bill of Sale, Motor Vehicle Bill of Sale, and Boat Bill of Sale.


Bill of sale form
Bill of sale form

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Sample CA Bill of Sale

 

FOR GOOD AND VALUABLE CONSIDERATION, the receipt of which is hereby acknowledged, ______________ (hereinafter referred to as "Seller") do(es) hereby GRANT, BARGAIN, SELL AND CONVEY unto __________ (hereinafter referred to as "Buyer"), its successors and assigns,

the following:

HEREIN AFORESAID VEHICLE: __________________________________ (Make, Year, Model) ______________________________ (VIN or Vehicle Identification Number) _____________________________________ (Year, Make and Model of Trailer if included)

Odometer reading: ______________________________

TO HAVE AND TO HOLD the same unto Buyer, its successors and assigns, unto the day of ___________________.

WITNESSETH THAT:

1. Seller is the lawful owner of said Vehicle, with full right, power, and authority to sell said Vehicle; and has the good right, full title, property interest, and lawful possession of said Vehicle free from any liens or encumbrances;

2. Said Vehicle is in good operating condition except as follows: ______________________________________________ ___________________________________________________________________ _______________________________________________________________________ ;

3. Buyer may take immediate possession of said Vehicle upon signing this Bill of Sale unless otherwise specified herein. If Title for Vehicle is being held by a financial institution or lending agency, Buyer shall have ten days to satisfy a lien on Vehicle before being entitled to take possession of Vehicle. Within said ten days, Buyer shall furnish to Seller a release of lien on Vehicle in the form of a promissory note for the amount owed on loan, assignment of the lease or other undamaged paid-off financial instrument sufficient to clear any outstanding liens on said Vehicle;

4. There are no other vehicles titled in Seller's name or co-owned with any other party;

5. Buyer is qualified and eligible to receive title insurance from California Department of Insurance upon final transfer of ownership;

6. This Bill of Sale takes no security interest in favor of Seller in the Vehicle nor in personal property placed in Vehicle by the owner if any; and

7. The sale price of Vehicle is $_______________ (sellers signature)

Seller: __________________________________ (SELLERS SIGNATURE)

Buyer: ____________________________________ (BUYERS SIGNATURE)

Witnesses:

______________________________________________________________________ ______________________________________________________________________ ;

State of California )

City, County } SS.

Before me, the undersigned authority, on this day personally appeared _________________________ and ___________________ known to me to be the persons whose names are subscribed to this instrument, and acknowledged that they executed it as their act and deed; and I certify under PENALTY OF PERJURY under the laws of the State of California that they appeared before me together and that such person who signed first did so willingly, and the other person acknowledged to me that he/she had willingly signed as an act and deed for the person who signed it first.

Date: ___________________________ (SEAL)

Signature of Notary Public: _________________ (PRINT NAME CLEARLY)

My Commission Expires: ______________________

Printed Name of Notary Public: _______________ (PRINT FULL LEGAL NAME CLEARLY)

Registration No.: ____________________

 

Bills of Sale for Other States: Texas, Colorado, Indiana, Florida, Missouri, Mississippi, Georgia, Tennessee, New Mexico

 

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