Tennessee ATV Bill of Sale Template

Use our ATV Bill of Sale form to record the sale of an All-Terrain Vehicle (ATV) and protect both buyer and seller.

An all-terrain vehicle (ATV) bill of sale form is a legal document to help you purchase or sell an ATV. This downloadable template will help you create and customize your bill of sale with the information you need, such as price, seller and buyer information, legal provisions, and more. Legal Templates can help you create a customizable document for your ATV sale.

Table of Contents

What Is an ATV Bill of Sale?

An ATV (All-Terrain Vehicle) Bill of Sale is a legal document used to record the sale or transfer of an ATV from one party to another. It serves as proof of ownership and outlines the terms and conditions of the sale. The Bill of Sale typically includes information such as the ATV's description (make, model, year, and vehicle identification number), the purchase price, the date of the sale, the names and contact information of both the buyer and the seller, any warranties or representations made about the ATV, and any conditions or disclosures related to the sale.

This document is important for both the buyer and the seller, as it provides a record of the transaction and can help resolve disputes or legal issues that may arise in the future. It's also often required by state authorities when registering the ATV or transferring the title. While an ATV Bill of Sale is not a title transfer document, it plays a crucial role in documenting the sale and protecting the interests of both parties.

What To Include in an ATV Bill of Sale?

An ATV (All-Terrain Vehicle) Bill of Sale should include essential information to document the sale and protect the interests of both the buyer and the seller. Here's what to include:

  1. Parties' Information:
    • Full legal names and addresses of both the buyer and the seller.
  1. ATV Description:
    • Detailed description of the ATV, including the make, model, year, and vehicle identification number (VIN).
    • Any additional information, such as the color or features, that uniquely identifies the ATV.
  1. Purchase Price:
    • The agreed-upon purchase price for the ATV is expressed in both numerals and words.
  1. Date of Sale:
    • The date when the sale took place.
  1. Payment Details:
    • How the buyer paid for the ATV (e.g., cash, check, money order, or online payment method).
  1. Warranty and Representations:
    • Any warranties or representations made by the seller regarding the condition of the ATV. For example, if the seller guarantees that the ATV is in good working order, this should be specified.
  1. "As-Is" Statement:
    • A statement indicating whether the ATV is sold "as-is" without any warranties or guarantees. This is common in private sales to protect the seller from future claims.
  1. Odometer Disclosure Statement:
    • If applicable, an odometer disclosure statement that complies with federal and state regulations regarding mileage disclosure.
  1. Signatures:
    • Signatures of both the buyer and the seller. Some states may require notarization.
  1. Witnesses (if necessary):
    • Witnesses' signatures, if required by state law.
  1. Notary Acknowledgment (if required):
    • A notary acknowledgment, if your state requires notarization of the Bill of Sale.
  1. Additional Provisions:
    • Any additional terms or conditions agreed upon by both parties, such as a payment plan or delivery arrangements.

How To Sell an ATV?

Selling an ATV (All-Terrain Vehicle) involves several steps to ensure a successful and legal transaction. Here's a guide on how to sell an ATV:

  1. Prepare the ATV:
    • Clean the ATV thoroughly, making it visually appealing to potential buyers.
    • Gather all relevant documents, including the title, maintenance records, and any warranties, if applicable.
  1. Determine the Value:
    • Research the market value of your ATV. Websites like Kelley Blue Book or NADA Guides can provide pricing information.
    • Consider the ATV's age, condition, mileage, and any upgrades or modifications when setting the price.
  1. Create an Advertisement:
    • Take high-quality photos of the ATV from multiple angles.
    • Write a detailed and honest description of the ATV, highlighting its features, condition, and any recent maintenance or upgrades.
    • Include the price, contact information, and location in your ad.
  1. Advertise the ATV:
    • Post your ATV for sale on online platforms such as Craigslist, Facebook Marketplace, ATV-specific forums, and classified ad websites.
    • Consider using social media to reach a wider audience.
    • Place "For Sale" signs on community bulletin boards or local ATV dealerships.
  1. Respond to Inquiries:
    • Promptly respond to potential buyers' inquiries and provide additional information if requested.
    • Schedule appointments for interested buyers to view and test drive the ATV.
  1. Negotiate the Sale:
    • Be prepared to negotiate the price with buyers. Be flexible, but also have a minimum price in mind that you're willing to accept.
  1. Complete the Sale:
    • Once you and the buyer agree on a price, draft a Bill of Sale. Include all relevant details and both parties' contact information.
    • Make sure the buyer understands the terms of the sale, including any "as-is" condition.
    • Collect payment in a secure manner, such as cash, cashier's check, or a secure online payment method.
    • Provide a signed title and any necessary paperwork to the buyer.
  1. Transfer Ownership:
    • Remove your license plate and registration from the ATV.
    • Complete any necessary paperwork for transferring ownership with your state's motor vehicle department.
    • Make a copy of the Bill of Sale for your records.
  1. Cancel Insurance:
    • Contact your insurance provider to cancel your ATV insurance policy or transfer it to your new vehicle, if applicable.
  1. Follow Up:
    • After the sale, keep a record of the buyer's contact information and the sale date for your records.

Remember that selling a vehicle, including an ATV, typically involves legal requirements and potential tax implications. Be sure to follow your state's laws and regulations regarding vehicle sales, and consult with your local motor vehicle department if you have any questions or concerns. Additionally, it's wise to meet potential buyers in a safe and public location for test drives and transactions.

How To Write a Bill of Sale for an ATV

Writing a Bill of Sale for an ATV (All-Terrain Vehicle) is a straightforward process that helps document the sale and transfer of ownership. Here are the steps to create one:

  1. Start with a Header:
    • Begin by creating a header that includes the title "Bill of Sale" at the top of the document.
  1. Seller's Information:
    • Include the seller's full legal name and complete address. This should be the person or entity selling the ATV.
  1. Buyer's Information:
    • Include the buyer's full legal name and complete address. This should be the person or entity purchasing the ATV.
  1. Description of ATV:
    • Provide detailed information about the ATV, including:
      • Make, model, and year of the ATV.
      • Vehicle identification number (VIN) or serial number.
      • Odometer reading (if applicable).
      • Color, style, and any unique features.
      • Include a statement indicating whether the ATV is being sold "as-is" or with any warranties. If it's "as-is," make it clear that the buyer understands and accepts the condition of the ATV.
  1. Sale Details:
    • Specify the sale details, including:
      • Purchase price in both numerical and written forms.
      • Date of the sale.
      • Payment method (e.g., cash, check, money order, etc.).
  1. Witnesses and Signatures:
    • Provide space for both the seller and the buyer to sign and date the Bill of Sale.
    • Consider including a space for witnesses' signatures, although this is not always required.
  1. Notarization (Optional):
    • Depending on your state's laws, you may want to include a section for notarization. Having the document notarized can add an extra layer of authenticity to the transaction.
  1. Acknowledgment of Receipt:
    • Include a statement where the buyer acknowledges that they have received the ATV and all related documents, including the title and any maintenance records.
  1. Terms and Conditions (Optional):
    • If there are any specific terms and conditions related to the sale that both parties agree to, include them in this section.
  1. Finalize the Document:
    • Review the document for accuracy and completeness.
    • Print multiple copies—one for the seller, one for the buyer, and any additional copies for witnesses or notaries if necessary.
  1. Sign and Exchange Copies:
    • All parties involved should sign the Bill of Sale, and each party should keep a copy for their records.
  1. Submit Documents to Appropriate Authorities:
    • Depending on your location, you may need to submit a copy of the Bill of Sale and other required documents to your state's motor vehicle department to complete the transfer of ownership.

FAQs

What information should be included about the ATV in the Bill of Sale?

The Bill of Sale should include detailed information about the ATV, such as the make, model, year, VIN or serial number, color, style, and any unique features. You should also specify whether the ATV is being sold "as-is" or with any warranties.

Do I need a notary public to witness the Bill of Sale?

Notarization of the Bill of Sale is not always required, but it can add an extra layer of authenticity and may be necessary in some states. Check your state's regulations to determine if notarization is needed.

What is the importance of an odometer reading on an ATV Bill of Sale?

Including the odometer reading is important when selling an ATV to provide an accurate record of its mileage. This can be especially important in states where odometer disclosure is required to prevent fraud.

Is an ATV Bill of Sale legally required?

While an ATV Bill of Sale is not always legally required in every state, it is highly recommended as it provides a clear record of the sale, protecting both the buyer and the seller in case of disputes.

Should I keep a copy of the Bill of Sale after the sale is complete?

Yes, both the buyer and the seller should keep a copy of the Bill of Sale for their records. It serves as proof of the transaction and can be useful if issues arise in the future.

ATV Bill of Sale Sample

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