It depends on whether it is purchased from a dealer or from a private individual.
ask your state insurance commission in a letter if there is a dealer liability clause appended to the dealer's liability policy that addresses vehicle accidents caused by undiscovered defects or material failures that existed prior to point of sale. The dealer is requred by law to furnish you with his insurance policy number.
Better business bureau can interpret your state's Lemon Law for you with respect to Minimum Vehicle Safety Requirements a car must meet before the dealer can release it, and any recalls under the Magnuson Act that the dealer had an obligation under law to address before releasing the car for sale. Also, if the car has an emissions-related problem, federally mandated warranties may cover the repair of the vehicle by the manufacturer (done at a Chevy dealership if it were a Chevy, etc..).
AS-IS, no warranty means that if it fails after the point of sale, you are stuck with it. but if you can prove the problem existed before the point of sale, you have a case for small claims court. and if it violates safety requirements, such as worn out brake pads down to the metal, or non-functioning driving lights, you can SUE for having your life endangered by an unsafe business practice. They have to inspect these cars before they sell them, and alot of used car dealers do not.AnswerWhen a private seller says, "as-is" it means: "feel free to examine the goods and only purchase them if you determine that they meets your needs. I am not responsible for anything you don't find." It does not matter whether a defect existed before, at, or after the time of sale, because it was up to the purchaser to discover it (by questions, testing and inspection) and accept the risk that there are hidden problems.
However, the "as-is" disclaimer does not excuse any misrepresentations that were made to induce someone to purchase the car. For example, untrue claims of "no rust, new A/C, no rain leaks" would allow cancellation of the contract, if detected within a reasonable time. These are "express warranties" and cannot be disclaimed with "as-is", which only apply to implied warranties. "Great mileage, fun car, best ride in town" are not warranties; merely opinions.
Any other fraud or undue influence can void the sale. The sale is void if the car was stolen (warranty of title) before you received it. If the purchaser is a minor, the contract of sale can also be voidable at the minor's discretion, regardless of the condition of the vehicle or reason for not wanting it.
Yes it is okay to make a carbon copy of a bill of sale. You should make a carbon copy of the bill just to have more then one form of documentation of the bill.
The plural of 'bill of sale' is 'bills of sale.'
you cant register it.
A bill of sale should have the signatures of both parties in the transaction. It should also have the date of the transaction and a liability clause.
Yes, it is a legal document when signed by both parties. It is the terms and conditions of the sale transaction, as well as the delivery and the delivery date on items.
if you did not make a copy of the bill of sale, you will have to wait until the title is re-assigned by application. If you have a copy of the bill of sale, and it was notarized, the tax office will aceept this for tax-roll deletion
You can sell your vehicle with a bill of sale. The title office will except a bill of sale as proof of ownership and payment.
go to the mva and show them the bill of sale
Answeryou will pay more tax if someone gives you a can them if you make out a bill for 100.00 if you do not have a sale bill then you are going to pay taxes on the current value of that vehicle. so if the book says is wot=rth 3000.00 with no bill of sale you will pay taxes on 3000.00. so make out sale bill for the amount that is fair
bill of sale
A bill of sale is a formal instrument for the conveyance or transfer of goods and chattels.
You can get various types of free Bill Of Sale at FreeLegalFormsLibrary.com