Arizona DMV Bill of Sale Form 48-2004 records the transaction of sale of a motor vehicle between the two parties within Arizona State. This form 48-2004 carries important information like particulars of the motor vehicle, buyer, seller, and financial transactions. This document also serves as an important tool during the transfer of the title and computation of tax for the buyer of the motor vehicle in many states. DMV, Arizona does not require submission of this form during title transfer or any other transaction pertaining to the motor vehicle. However, preparing this form is very necessary to document the transaction from the legal perspectives.
It is always necessary to prepare two original and signed copies of this form and hand over a copy to each concerned party. In addition, the form proves buyer’s ownership of the motor vehicle. Arizona DMV Bill of Sale Form 48-2004 is legally binding on all involved parties upon signing and executing it. Any individual, association, or car dealer is authorized to use this form during the sale of a motor vehicle within the jurisdiction of Arizona State. MVD Arizona requires that the buyer must register the vehicle within 15 days of the date of sale.
4 Steps to Prepare Arizona DMV Bill of Sale Form
Step 1: Motor Vehicle Particulars
Enter the vehicle identification number, year of manufacturing, make of the vehicle, and body style in the respective spaces. Continue by entering the date of sale and the amount of sale in the respective spaces. Please provide accurate particulars of the motor vehicle and financial transaction in step 1.
Step 2: Particulars of the Buyer
Enter the first, middle, and last name of the buyer along with suffix if any. Then continue by providing driving license number and date of birth of the buyer. Use appropriate spaces to furnish these particulars. Complete Step 2 by providing buyer’s mailing address, city, state, and zip code.
Step 3: Particulars of the Seller and Acknowledgement
Please enter first, middle, and last name of the seller along with suffix if any. The seller must enter the business name and registration number in case the seller is a car dealer. Continue by providing driver license number and date of birth of the seller. Specify seller’s mailing address along with city, state, and zip. The seller must sign to complete step 3 of Arizona DMV Bill of Sale Form.
Step 4: Notarization
Notarization of the signature of the seller is necessary. Please complete notarization by a notary public of Arizona State to complete preparing Arizona DMV Bill of Sale Form.
Arizona DMV Bill of Sale Form 48-2004 serves as a tool to document a sale transaction of a motor vehicle between seller and buyer. This form also proves the ownership of the buyer. In addition, many DMVs in United States require duly prepared and signed bill of sale during the registration and title transfer. Please prepare this form carefully and accurately. Individuals, car dealers, and businesses are authorized to use form 48-2004 during the sale of a motor vehicle within the jurisdiction of Arizona State.