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Motor Vehicle Bill of Sale without Warranty

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Motor Vehicle Bill of Sale without Warranty Powered By Docstoc
					This is a document that is used to record the details of a motor vehicle sale. This
particular bill of sale does not provide the buyer with any warranties other than the
seller's good and marketable title. This bill of sale disclaims all other warranties other
than the seller's ownership and states that the buyer takes the vehicle on an "as is"
basis. This document should be used by individuals or entities that want an accurate
record of the sale of a motor vehicle without warranties.
                                 MOTOR VEHICLE BILL OF SALE

                                       WITHOUT WARRANTY


BE IT KNOWN, that for payment in the sum of ________________($_____) [Instruction:
Insert the sale amount of the motor vehicle E.g., ten thousand dollars only ($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 (Vehicle):


 Particulars                                     Description

 Make

 Model or series

 Vehicle Identification Number (VIN)

 Year

 Color:

 Style

 Odometer reading

 Title



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 only ($2,000)] in down
    payment for the Vehicle, full payment from the Buyer and title transfer to take place within
    ___________ (___) [◊ Fourteen (14)] days.


© Copyright 2012 Docstoc Inc.                                                         2
b. Seller allows the 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 the Buyer.
c. If the sale is not completed, the Seller will retain ________________ ($_____) [◊ one
    thousand dollars only ($1,000)] of the down payment to cover costs and effort in re-
    advertising.
d. Seller certifies to the best of the 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 the Seller's possession, and the 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 THE SELLER'S
    WARRANTY OF OWNERSHIP STATED ABOVE, THE BUYER TAKES THE VEHICLE
    "AS-IS" WITHOUT ANY WARRANTIES, EXPRESS OR IMPLIED, AS TO ITS
    CONDITION. THE BUYER HAS PERSONALLY INSPECTED THE VEHICLE AND
    ACCEPTS IT "AS-IS" CONDITION.
g. The Seller represents to the Buyer that the Vehicle is in good condition, except for the
    following defects, if any:
    ___________________________________________________________________________
    ______________________________________________________________.

    [Instruction: Mention any defect you know in the Vehicle in the above space]

h. ADDITIONAL TERMS OF SALE. The Seller and Buyer agree to the following additional
    terms in conjunction with this bill of sale:
    ___________________________________________________________________________
    ___________________________________________________________________________
    ________________________________________________________.

    [Instruction: Write any additional terms agreed with the Buyer in the above space]




© Copyright 2012 Docstoc Inc.                                                              3
                       Seller:                           Buyer:




          ________________________             ________________________
                     Signature                          Signature




  Printed Name: _______________________   Printed Name: _______________________




© Copyright 2012 Docstoc Inc.                                          4
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Description: This is a document that is used to record the details of a motor vehicle sale. This particular bill of sale does not provide the buyer with any warranties other than the seller's good and marketable title. This bill of sale disclaims all other warranties other than the seller's ownership and states that the buyer takes the vehicle on an "as is" basis. This document should be used by individuals or entities that want an accurate record of the sale of a motor vehicle without warranties.
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