Valid ATV Bill of Sale Template for Tennessee

The Tennessee ATV Bill of Sale form is a legal document used to record the sale and transfer of ownership of an all-terrain vehicle (ATV) in Tennessee. This form provides essential details about the transaction, including the buyer, seller, and vehicle information. Understanding this form is crucial for both parties to ensure a smooth transfer and to protect their rights.

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The Tennessee ATV Bill of Sale form serves as a crucial document for individuals engaging in the buying or selling of all-terrain vehicles (ATVs) within the state. This form not only provides essential information about the transaction but also protects the interests of both the buyer and the seller. Key components typically included in the form are the names and addresses of both parties, a detailed description of the ATV, including its make, model, year, and Vehicle Identification Number (VIN), as well as the sale price. Additionally, the form may contain sections for signatures and dates, ensuring that both parties acknowledge and agree to the terms of the sale. By documenting the transaction, the Bill of Sale serves as proof of ownership transfer, which can be essential for registration and future resale. Understanding the significance of this form can help streamline the buying or selling process, making it more transparent and legally sound.

Tennessee ATV Bill of Sale Sample

Tennessee ATV Bill of Sale

This Bill of Sale is a legally binding document used in the state of Tennessee for the sale of an All-Terrain Vehicle (ATV). It complies with Tennessee state laws regarding the transfer of ownership for motorized vehicles.

Seller Information:

Name: ______________________________
Address: ____________________________
City, State, Zip: ____________________
Phone Number: _______________________
Email: ______________________________

Buyer Information:

Name: ______________________________
Address: ____________________________
City, State, Zip: ____________________
Phone Number: _______________________
Email: ______________________________

ATV Information:

Make: _______________________________
Model: ______________________________
Year: _______________________________
VIN (Vehicle Identification Number): _______________
Mileage: _____________________________

Sale Details:

Sale Price: __________________________
Payment Method: ______________________
Sale Date: ____________________________

The undersigned seller confirms that the above information is accurate to the best of their knowledge and agrees to sell the ATV described above to the buyer. The buyer accepts the ATV in its present condition, understanding that it is sold “as-is” without warranties.

Seller Signature: ______________________________ Date: _______________

Buyer Signature: ______________________________ Date: _______________

This Bill of Sale shall serve as proof of the transaction and ownership transfer for the ATV listed above. Both parties should retain a signed copy for their records.

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Key takeaways

When filling out and using the Tennessee ATV Bill of Sale form, keep the following key takeaways in mind:

Accurate Information: Ensure all details about the ATV, including make, model, year, and VIN, are correct. Inaccurate information can lead to issues during registration.
Seller and Buyer Details: Both parties must provide their full names, addresses, and signatures. This establishes a clear record of the transaction.
Purchase Price: Clearly state the agreed-upon purchase price. This is important for tax purposes and future reference.
As-Is Condition: Include a statement that the ATV is sold "as-is." This protects the seller from future claims regarding the vehicle's condition.
Notarization: While not required, having the bill of sale notarized adds an extra layer of authenticity and can help prevent disputes.
Keep Copies: Both the buyer and seller should keep a copy of the signed bill of sale. This serves as proof of the transaction and can be useful for registration.
Registration: After completing the sale, the buyer must register the ATV with the Tennessee Department of Revenue. The bill of sale is often required for this process.