guy purchase a bike and called back four hours later and said i dont want the bike i want my money back. we the selller used the money right away for two major bills. we give him bill of sale and title and keys. what laws cover the buyer and seller
No, it is not a requirement in Texas that the bill of sale be notarized. Both the buyer and seller do need to sign it.
In most states a person can cancel an auto bill of sale due to a few reasons. The first is called reverse buyer's remorse where the buyer has three business days to return the car. Other reasons are if the vehicle is unsafe or in poor condition.
no
Selling a car is pretty easy. One needs to advertise that the car is for sale in the newspaper or online. When someone has the money, exchange the money for the keys and sign the bill of sale.
Yes. Find out what car dealers don't want you to know at www.dealertricks.com
http://www.samples-help.org.uk/sample-letters/car-bill-of-sale.htm Contains a printable template for a bill of sale for a car, as well as telling you the information that the bill will need to contain.
When selling a car in Georgia to a private party, there is a few things you will need. You will need the title of the car, this will be used to sign over the car to the new owner so they will then have ownership of the car. You do not want to sign it over until all payment is accumulated. Once the title is signed over, the buyer has new ownership, and they wouldn't have to finish paying the balance. The second thing you would need is to a bill of sale. You can create one on your own or you can get one from the Georgia Department of Revenue, Motor Vehicle Division that is already drafted. The bill of sale will have the information, (Full name and address) of the buyer and seller, the car details, such as condition and price. The date of sale, and any liens will also be listed on the bill of sale. Both seller and buyer will sign the bill of sale. Make a copy of the bill of sale for the buyer, they will use this to get the new registration.
No. You must prove ownership, therefore need to have the title to the car with the details of the sale completed. A bill of sale is worthless for registering a car.
I believe you are allowed 7 days on your bill of sale to get the car registered.
Give the buyer a notarized bill of sale and state on the bill of sale that the title will be forwarded when received from the issueing entity (the state)
No. Once you make the deal and sign the title and bill of sale, then you are legally obligated to stick to the deal.
It depends where you bought your car.