In Louisiana, Nebraska, Maryland, New Hampshire, West Virginia, and Montana, buyers and the sellers are required by law to sign the bill of sale in the presence of a notary public. In some cases, local municipalities such as counties and cities might have their own stipulated legal requirements. It’s Required by Law for Many Sales Transactionsīecause the transfer of personal property is legally governed at the state level, the government standards that regulate these transfers can differ significantly from state to state.
#BASIC NOTARIZED BILL OF SALE HOW TO#
An experienced notary can answer any questions a seller or buyer might have about how to fill a form out and generally walk both seller and buyer through the entire process of finalizing a sale.Īfter both seller and buyer have signed with confidence, the notary will give the bill of sale a final inspection before endorsing it by attaching an official stamp at the bottom of the document. When you work with a licensed notary public, you can have confidence in properly completing your bill of sale with all relevant details in place. It Assures that All Information Is Present, All Fields Are Filled, and All Endorsements Are Made
#BASIC NOTARIZED BILL OF SALE FREE#
In addition to confirming that both seller and buyer have the mental capacity to finalize a legally binding deal, a notary will evaluate the situation for any signs of coercion to ensure that all parties sign according to their own free will. While executing a bill of sale, notaries ensure that all parties fully understand what they agree to and testify to. It Assures that Both Parties Understand the Terms and Agree to Them It Protects Both Seller and Buyer Against Fraudulent SalesĪ well-established and time-honored practice to ensure the authenticity of documents, notarization prevents someone from using a fake bill of sale with forged signatures to steal someone else’s property and present it as their own.Īfter witnessing a sales transaction by signing a bill of sale, a notary will place an official seal on this document, signifying that the deal is finalized, official, and kept on permanent record at a local notary’s office. Why Notarize a Bill of Sale?īelow are reasons why you should notarize a bill of sale: 1. Of course, there are blanks for the handwritten signatures of both the buyer and the seller and areas dedicated to notary authentication and accreditation. The seller, the buyer, and the notary must complete different areas of the form. By reviewing relevant documentation and witnessing the signing, the notary public can substantiate the personal information on the bill of sale and ensure that the signees present are exactly who they say they are.Ī typical notarized bill of sale document contains many fillable fields. To become notarized, a bill of sale must be signed by both the selling and purchasing parties under the direct supervision of an official notary public. The stipulated parties on these documents can be either individuals or organizations.
Regardless of your previous experience with the bill of sale document and the notarization process, you might be left with important questions about both.
If you have ever bought or sold a vehicle in a private transaction, you are likely familiar with a notarized bill of sale.
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