Alaska General Bill of Sale Form
An Alaska general bill of sale form is utilized by two (2) individuals to conduct the private sale of personal property. It signifies that a buyer and seller communicated and mutually agreed on specific terms concerning an item.
| Signing Requirements: Seller signature needed. |
What is an Alaska General Bill of Sale?
Both parties should only use a general bill of sale document if another form type does not represent the item. For instance, residents would use a horse bill of sale form for the transfer of an equine. However, they would complete a general template for the sale of a ferret or another animal that does not fall under a particular category.
Once the buyer pays for the item and the seller transfers possession, both individuals complete a bill of sale form. It legally binds one another to the listed conditions, removes liability from the owner, and gives the buyer responsibility. Alaska law does not require notarization, but it helps to certify the form.
Most often, Alaska residents use a general bill of sale form for the sale of:
Frequently Asked Questions (FAQ)
Review the questions and answers below to learn more about Alaska bill of sale forms.
1. How to Write a Bill of Sale in Alaska
An Alaska bill of sale has six (6) sections for the buyer and seller to complete. Both individuals must state their full name, address, phone number, and email in the first part. Next, they must describe the item, its serial number, color, brand, and year.
If the buyer purchases the personal property from the seller, the form must contain the date of the sale, the selling price, the taxes paid (if applicable), and the payment method.
Transactions that occur by trade or gift must include more information in the “additional terms” section. In this case, the buyer and seller must provide the item’s value and how the exchange happened. After finalizing the form, they must sign as an acknowledgment of the deal.
2. Is a Bill of Sale Required in Alaska?
The state does not require residents to complete an Alaska bill of sale form. However, they recommend it, especially when selling expensive items, such as a car or boat. It protects the seller from accruing debts or tickets since they can prove the release of ownership with this document. In addition, it provides the buyer with evidence that they upheld their end of the transaction.
3. Does an Alaska Bill of Sale Have to Be Notarized?
No, Alaska bill of sales do not require notarization. While not mandated, the state suggests that buyers and sellers notarize the document. This step makes the form more credible, especially if legal concerns arise post-sale.
4. How Many Witnesses are Needed on an Alaska Bill of Sale?
Witnesses do not have to observe or sign Alaska bill of sale forms. However, the buyer and seller can have a third party witness the signing. They should ensure that this person includes their full name, address, phone number, and signature to formally identify themselves.