ATV Bill of Sale Form is a generic template intended to record a sale / purchase transaction of all terrain vehicle or ATV. This form registers the particulars of the transactions like payment made by the buyer to the seller, particulars of the all terrain vehicle, and particulars of the buyer and seller. This form is appropriate for using in all states of the United States. In addition, the seller must carefully declare the conditions, representations, and warranties if any. Otherwise, the form offers the sale of the ATV as is without any warranty of whatsoever manner. Duly filled ATV Bill of Sale Form must contain
- Seller’s name and address
- Buyer’s name and address
- Detailed description of all terrain vehicle
- Date of sale
- Amount of sale
- Representations and Conditions
- Financial transaction particulars pertaining to down payment
- Other terms and conditions pertaining to ATV inspection for forfeiting of down payment upon the buyer’s failure to complete the sale terms
Individuals, businesses, and dealers of ATVs can use this generic template during the sale of an ATV. However, please review the rules and regulations pertaining to registration of ATV and transfer of title with the DMV of the respective state to avoid penalty.
Steps to Prepare ATV Bill of Sale Form
Step 1: Enter amount of sale
Step 2: Enter seller’s name in the required format
Step 3: Specify seller’s address
Step 4: Enter buyer’s legal name in the required format
Step 5: Enter buyer’s location or address on the next line
Step 6: Enter make of the ATV
Step 7: Specify ATV’s model
Step 8: Specify year of manufacturing
Step 9: Describe color of the ATV
Step 10: Specify total number of cylinders
Step 11: Enter title number if applicable
Step 12: Specify the odometer or hours reading at the time of the sale
Step 13: Specify vehicle identification number
Step 14: Specify representations and conditions
Step 15: Specify down payment amount if any
Step 16: Enter the date to complete the sale
Step 17: Enter the amount retained from the down payment by the seller in case the buyer fails to meet mutually agreed sale terms
Step 18: Space for seller’s print name, signature, and date
Step 19: Space for buyer’s print name, signature, and date
Summary
ATV Bill of Sale Form is a legal template intended to record a sale / purchase transaction of all terrain vehicle or ATV. This generic form also serves as a receipt for the payment made by the buyer to the seller. The seller must prepare this document in entirety, prepare two copies, and hand over one copy to the buyer once the buyer meets the terms of the sale. Notarization of this form is not necessary unless the buyer or the seller insists the same. The buyer must submit this ATV Bill of Sale Form along with the title during the registration of the ATV.
