Docstoc Legal Agreements
This Motor Vehicle Bill of Sale is a written acknowledgement of the transfer of ownership of
a motor vehicle. The document sets forth the terms and conditions of the sale including the
price, a description of the vehicle and the amount of the down payment. This bill of sale
warrants that the seller has full authority to transfer title, but contains no other warranties,
and the buyer agrees to take the vehicle "as is." It contains both standard clauses and
opportunities for the use of optional terms, and conditions making it fully customizable to fit
the needs of the contracting parties. This document should be used by individuals located
in South Dakota when buying or selling a motor vehicle without warranties.
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OTHERWISE, INCLUDING AS TO THEIR LEGAL EFFECT AND COMPLETENESS. They are for general guidance and should be modified by you or your
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MOTOR VEHICLE BILL OF SALE
BE IT KNOWN, that for payment in the sum of ________________($_____) [Instruction:
Insert the sale amount of the motor vehicle, e.g., ten thousand dollars ($10,000)], the full
receipt of which is acknowledged, the undersigned ________________________________
[Instruction: Insert the Seller name] (“Seller”), of ___________________________________
[Instruction: Insert the Seller's address] hereby sells and transfers to
________________________________ [Instruction: Insert the Buyer name] (“Buyer”), of
___________________________________ [Instruction: Insert the Buyer's address], (the
words “Seller” and “Buyer” include their respective heirs, successors, and assigns where the
context requires or permits), the following described motor vehicle (the “Vehicle”):
Model or series
Vehicle Identification Number (VIN)
The sale is subject to the following conditions and representations:
a. Seller acknowledges receipt of ________________($_____) [Instruction: Insert the down
payment amount of the purchase price, e.g., two thousand dollars ($2,000)] in down
payment for the Vehicle, full payment from Buyer and title transfer to take place within
___________ (___) [◊ Fourteen (14)] days.
b. Seller allows Buyer ___________ (___) [Four (4)] days to have the Vehicle inspected by an
independent mechanic, and agrees to cancel the sale if the inspection is reasonably
unsatisfactory to Buyer.
© Copyright 2011 Docstoc Inc. registered document proprietary, copy not 2
c. If the sale is not completed, Seller will retain ________________ ($_____) [◊ one thousand
dollars ($1,000)] of the down payment to cover costs and effort in re-advertising.
d. Seller certifies to the best of Seller's knowledge that the odometer reading listed in the
vehicle description above reflects the actual mileage of the Vehicle. The Vehicle's odometer
was not altered, set back, or disconnected while in Seller's possession, and Seller has no
knowledge of anyone doing so.
e. Seller warrants to Buyer that Seller has good and marketable title to said property, full
authority to sell and transfer the said property, and that said property is sold free of all liens,
encumbrances, liabilities, and adverse claims of every nature and description whatsoever.
f. DISCLAIMER OF ALL OTHER WARRANTIES. OTHER THAN SELLER'S
WARRANTY OF OWNERSHIP STATED ABOVE, BUYER TAKES THE VEHICLE
"AS-IS" WITHOUT ANY WARRANTIES, EXPRESS OR IMPLIED, AS TO ITS
CONDITION. BUYER HAS PERSONALLY INSPECTED THE VEHICLE AND
ACCEPTS IT "AS-IS" CONDITION.
g. Seller represents to Buyer that the Vehic