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Motor Vehicle Bill of Sale
IN CONSIDERATION of ___________________ of ____________________ (the 'Purchaser') providing $____________ CAD (the "Purchase Price"), the receipt and sufficiency of which consideration is hereby acknowledged to ______________________ of ____________________ (the 'Seller'), the Seller SELLS AND DELIVERS the Motor Vehicle to the Purchaser.PAYMENT METHOD: The Purchaser will pay the Purchase Price to the Seller by cash.
MOTOR VEHICLE: The Seller will sell and deliver to the Purchaser the following motor vehicle (the 'Motor Vehicle'):
WARRANTIES: The Seller warrants that the Motor Vehicle is free of any liens and encumbrances and that the Seller is the legal owner of the Motor Vehicle. The Seller also warrants that the Seller has the full right and authority to sell and deliver the Motor Vehicle and that the Seller will defend the title of the Motor Vehicle against any and all claims and demands.
'AS IS' CONDITION: The Purchaser acknowledges that the Motor Vehicle is sold 'as is'. The Seller expressly disclaims any implied warranty as to fitness for a particular purpose and any implied warranty as to merchantability. The Seller expressly disclaims any expressed or other implied warranties.WORKING ORDER: Any warranty as to the condition or working order of the Motor Vehicle is expressly disclaimed by the Seller.MANUFACTURER'S WARRANTY: Any disclaimer of warranties by the Seller in this Bill of Sale will not in any way affect the terms of any applicable warranties from the manufacturer of the Motor Vehicle.LIABILITIES: The Seller does not assume, nor does the Seller authorize any other person on the behalf of the Seller to assume, any liability in connection with the sale or delivery of the Motor Vehicle.
INSPECTION: The Purchaser accepts the Motor Vehicle in its existing condition given that the Purchaser has either inspected the Motor Vehicle or was given the opportunity to inspect the Motor Vehicle but chose to not inspect it.
GOVERNING LAW: This Bill of Sale will be construed in accordance with and governed by the laws of the Province of Alberta.
SIGNED, SEALED, AND DELIVERED this ________ day of ________________, ________ in the presence of:
___________________________________________________(Seller)
________________________________________________(Purchaser)
Most legal jurisdictions require that the Seller state the Mileage upon transfer of ownership. Failure to complete or providing a false statement may result in fines and/or imprisonment.
Odometer Disclosure Statement
I, ______________________ of ____________________ (the 'Seller'), STATE AND DECLARE that the odometer of the following vehicle (the 'Motor Vehicle') reads as follows:
I CERTIFY that to the best of my knowledge the odometer reading as stated above reflects the actual mileage of the Motor Vehicle. I CERTIFY that the odometer of the Motor Vehicle was not altered, set back, or disconnected while in my possession, and I have no knowledge of anyone else doing so.
___________________________Seller: ______________________Address: ____________________
Receipt of original copyis hereby acknowledged by___________________.
___________________________Purchaser: ___________________Address: ____________________
A Bill of Sale is also known as a:
A Bill of Sale is a sales receipt used to document a transaction between a seller and a buyer. It provides proof that the ownership of an item was transferred from one party to another. With a Bill of Sale, the item is generally sold "as is".
To sell an item "as is" means that the item is typically past or ineligible for the manufacturer's warranty, and the seller does not guarantee the quality of the item and will not be liable for any of its imperfections.
In other words, when a transaction occurs "as is", the buyer has agreed to purchase the item in its current condition with the understanding that the seller is not responsible if the item stops working or malfunctions.
A Bill of Sale typically includes:
A Bill of Sale is commonly used for:
A Bill of Sale is generally used for private sales between two parties where the transaction is relatively straightforward: money is exchanged, and the ownership of the item transfers from the original owner to a new owner.
A Sales Agreement is used for more complex transactions where more details about the sale are required, such as information about any warranties on the item. A Sales Agreement can also be used to cover any services relating to the item, such as installation fees. For instance, if a small business that sells and repairs electronics offers computers for sale and they want to give the customer more options with their purchase, such as installations, then a Sales Agreement could be used to outline the cost of the installation, as well as information about any warranties that may be available on the computers.
However, if services are the only thing being exchanged for compensation in the transaction, it is recommended that you use LawDepot's Service Agreement instead.
A Bill of Sale is strongly recommended in most provinces when buying or selling a new or used vehicle in a private sale. Without a Bill of Sale, it might be difficult to prove that the vehicle changed ownership, so some provinces require a Bill of Sale in order for the new owner to register the vehicle and obtain insurance.
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