Like any other sale, the bill of sale of an RV is equally important. For the layman, a bill of sale is a legal document mde between a seller and a purchaser. This document states that on a specific date, a sale or transfer of ownership transpired between a seller and buyer.
- An RV bill of sale clearly transfers ownership of the vehivle from the owner to the buyer. The document is so specific that it doesn’t leave any scope for ambiguity. It opens with the seller transferring his ownership to the buyer in no uncertain terms. The details that are included are
- Body Style
The next section ideally quotes the price at which the sale has taken place. Since its a typical bill of sale, the document also proclaims that the price was mutually agreed upon by both parties. Since it is expected that the RV would have covered a certain distance before being sold, the odometer reading at the time of selling is also mentioned. The date the reading was recorded is clearly mentioned to avoid disputes and discrepancies later on.
Whether the RV was sold with any remaining factory warranty is also mentioned to facilitate the maintenance of the vehicle for its future owner. Last but not the least, a paragraph detailing the notarized sale is added to keep both parties apprised of consequences should any of the details prove false. The concluding section of the bill of sale contains the seller’s and buyer’s details. Since it is mandatory to draft a bill of sale while selling vehicles, especially an RV, it is a good idea for sellers to consult RV bill of sale formats available on the internet to get the most comprehensive samples.