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01-03-2010, 12:56 PM | #1 |
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Selling a car - bill of sale and liablity release?
Does anyone know of somewhere I can get a generic Bill of Sale and Release of Liability for selling a car?
Anything else I should be thinking about? I've never sold a a car to private party before...
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01-03-2010, 01:39 PM | #2 | |
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Re: Selling a car - bill of sale and liablity release?
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Are you trying to sell a car "as is"? These things are going to be governed by your particular state. |
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01-03-2010, 01:42 PM | #3 |
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Re: Selling a car - bill of sale and liablity release?
Not an attorney as Vic is but agree with him totally.
All you need is a signed title, dated to complete the transaction. In most states, unless otherwise specified in a contract, the sale is acknowledged as an "as is".
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01-03-2010, 01:58 PM | #4 |
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Re: Selling a car - bill of sale and liablity release?
Maybe you can use this.
http://www.autocrisis.com/billofsale.phtml I meant to use this link. http://www.autocrisis.com/print_billofsale.html
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01-03-2010, 02:02 PM | #5 |
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Re: Selling a car - bill of sale and liablity release?
Again, check the laws of YOUR state.
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01-03-2010, 02:06 PM | #6 |
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Re: Selling a car - bill of sale and liablity release?
California has a PDF form for each.
http://dmv.ca.gov/forms/formsreg_alpha.htm Form REG 135 Bill of Sale Form REG 138 Notice of Transfer and Release of Liability In California, the two forms protect the seller. First if the buyer gets into an accident and the seller hasn't filed the forms, the car will show up as belonging to the seller and they can be held liable for damages, claims etc. Second if the buyer does not register the car, and the seller doesn't file the forms, the seller is still on the hook for DMV fees and any traffic or parking tickets. In California if you do not pay your tickets, they are deducted from your tax refund plus penalties. Good Luck! |
01-03-2010, 02:11 PM | #7 | |
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Re: Selling a car - bill of sale and liablity release?
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There are laws there for the laws. Hard to believe that if I sell my car and surrender my plates, I am not seen as no longer having that car. The buyer is sure as heck not going to be driving away with my plates on the car.
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01-03-2010, 02:23 PM | #8 | |
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Re: Selling a car - bill of sale and liablity release?
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01-03-2010, 03:43 PM | #9 | |
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Re: Selling a car - bill of sale and liablity release?
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Thanks for all the info guys. Vic - I believe that in PA I do retain the tags. I'm just not sure about the assumed "as-is" so I would like to get something, in addition to the state mandated paper work, that absolves me of any liability regarding the condition of the car (ie, we sign the paperwork, shake hands and as the other party is driving away the check engine light turns on or the wheels all fall off).
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01-03-2010, 04:07 PM | #10 | |
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Re: Selling a car - bill of sale and liablity release?
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All my years of being a frustrated attorney want to be (I am involved in litigation constantly and instruct counsel how to defend our cases) coupled with my years of "People's Court" have taught me one thing about selling cars, it is an "as is" transaction unless you have specifically detailed an expressed warranty. I don't think there is a court that will invoke a mandated warranty from you if you did not detail that one would be provided, what it would cover and how long the coverage would be afforded. I am certain PA will follow that school of thought but if you are concerned to cover yourself, why don't you write out a Bill of Sale and express NO WARRANTY/SOLD AS IS on it?
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01-03-2010, 04:10 PM | #11 | |
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Re: Selling a car - bill of sale and liablity release?
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