Alabama General Bill of Sale Form
An Alabama general bill of sale form outlines the arrangement between two parties to change ownership of a valuable asset. The document summarizes the complexities of the sale, such as the amount the seller sold the item for and the transfer type (i.e., by cash, trade, or gift).
|Signing Requirements: Signatures of buyer and seller are needed.|
What is an Alabama General Bill of Sale?
An Alabama general bill of sale form makes the trade of an item possible by representing the transmission of ownership from a seller to a buyer.
Each participant involved in the deal must disclose their private information. This step is of interest to the buyer and seller because, after the purchase, they can communicate. Conversing allows them to ask questions, resolve differences, or clarify ambiguities.
Alabama only recognizes endorsed forms, although most items transferred with a general bill of sale do not require the state’s approval. However, the buyer may have to register the personal property. In this case, it is best to use an item-specific form (e.g., bill of sales for snowmobiles, ATVs, or bicycles).
When selling unspecific items (or items not better represented by another type), it is advisable to download this document. For example, an individual uses a generic form to sell personal property, such as custom jewelry or ceramics. They don’t use it for furniture or kitten sales.
Frequently Asked Questions (FAQ)
Learn more about Alabama bill of sale requirements by reading the questions below.
1. How to Write a Bill of Sale in Alabama
Completing each field thoroughly and honestly is crucial when writing an Alabama bill of sale. The buyer and seller must follow all instructions for filling out the form, primarily if registering or titling the item. The Department of Revenue (DOR) will not accept false or incorrect paperwork.
The first step to writing the bill of sale is to enter information about the buyer, seller, and the item. Providing these details identifies both parties and the personal property if there are any questions about the sale. Next, the document’s writer must include the cost of the good(s) and the payment type.
After completing the above sections, have the form notarized or witnessed, as needed. In most cases, the document does not require a witness or notary public, although it helps to confirm that the signing took place.
2. Is a Bill of Sale Required in Alabama?
Buyers and sellers do not need to use a bill of sale unless the county requires it for registration purposes. For example, owners must have a valid bill of sale to register their boat, firearm, or motor vehicle. Other items, like lawnmowers, do not require a formal document when selling, but it helps record the transaction.
Even in cases where the form is not required, having the signed bill of sale verifies the transfer of ownership. It also confirms the personal property’s year, make, or model and other item-specific information. Likewise, buyers trust sellers who can provide documentation, such as a bill of sale or title.
3. Does an Alabama Bill of Sale Have to Be Notarized?
Alabama boat bill of sale forms require notarization. Otherwise, a notary public does not need to witness the signatures of the buyer or seller. Nonetheless, a notarized bill of sale proves that the deal occurred, thus making it beneficial to have.
4. How Many Witnesses are Needed on an Alabama Bill of Sale?
Witness requirements vary by county and jurisdiction. In most cases, the owner does not need to sign in front of a witness. However, like notarization, signing in front of bystanders (who then sign the form) makes the document more genuine.