Arkansas Bill of Sale Forms
An Arkansas Bill of Sale is a template used to outline the specifics of a transaction between two (2) entities. The buyer and seller should be thorough by disclosing all details of the sale. Providing this information early on can protect both parties from legal action in the future. Through signing, the buyer and seller agree to all terms and conditions in the form and accept liability for the responses provided. While not required, notarization is beneficial as it makes the document more credible.
Boat Bill of Sale – This form provides proof that the owner legally possesses a boat. Arkansas only accepts the document if it includes the boat’s description (i.e. its HIN, year, make, horsepower, payment information, signatures from both parties, and the date of signing). If the buyer purchased a trailer in addition to the boat, the details must be listed. However, if this information is not in the original copy, a separate bill of sale for the trailer is also acceptable.
Firearm Bill of Sale – A document that can be used as a reference to prove ownership of a gun.
General Bill of Sale – Serves as a guide for how the transaction of a non-specific item transpired between two individuals.
Motor Vehicle Bill of Sale – Outlines the agreement of the buyer and seller when selling, gifting, or trading a vehicle.
Download: Adobe PDF
Sail and motorized boats require registration for use on lakes and rivers. An Arkansas Certification of Number and validation decals are considered proof of registration. Renewals are required every three (3) years. For more specifics regarding boat registration in Arkansas, reference §§ 27-101-301 to 27-101-313.
Non-residents who wish to use a watercraft in Arkansas are able to do so for up to ninety (90) continuous days (as long as they hold a valid registration from their legal state of residence). After that period of time, the individual must apply for a temporary or permanent registration through the state.
Residents who have recently purchased a water vessel must register it within the first thirty (30) days of ownership. They must visit their local state revenue office to submit the paperwork (see Revenue Offices).
Arkansas is a very gun-friendly state as they do not require residents to register guns or hold a permit. Private sellers do not have to report gun sales either, nor do they need to issue a background check on buyers. Gun holders over the age of eighteen (18) can also legally open or concealed carry in unrestricted areas (§ 5-73-120).
Gun holders may still decide to apply for a permit, nonetheless. When purchasing a firearm from a licensed dealer, background checks are required. However, buyers with a permit do not need to be screened. Licensing also gives them more leeway when visiting a state with different gun laws. Safety and training courses for the permit can also teach people how to use a gun.
Applications (and renewals) can be submitted in person or online. The following forms are required as part of the submission packet for first-time applicants:
Individuals driving an unregistered vehicle in the state of Arkansas can face various fines and offenses against their license. Their car is also subject to being impounded until motor vehicle registration has been completed (§ 27-14-314). To avoid penalties, both new and current residents must register their car, van, or truck within thirty (30) days of being a resident or purchasing the commercial vehicle.
The Arkansas Department of Finance and Administration (DFA) allows both in-person and online registration. To find a local office, visit the DFA Revenue Office website.
Prior to registration, Arkansas requests that the owner fulfill the two (2) steps as follows:
- Title Transfer – The state of residence on the title should be changed from the owner’s previous state to Arkansas.
- Insurance – The owner must have an insurance plan approved by the state. Minimum liability is:
- $25,000 for bodily injury;
- $50,000 for total bodily injury; and
- $25,000 for property damage.
In addition to the above-mentioned document, current residents must also submit copies of the:
- Current Registration – Unlike new residents, natives must submit their Arkansas registration for their current vehicle. This step is only applicable if the person plans to transfer their license plates from their old car onto their new one.
- Title Transfer – Only locals can use their Manufacturer’s Certificate of Origin (MCO) to prove their ownership. Similar to citizens new to the state, they can also show a copy of the signed title.
Individuals selling their vehicle in the state of Arkansas should fill out all of the recommended paperwork when transferring their vehicle. For best practice, they should complete these three (3) documents to the best of their ability:
- Bill of Sale – Confirms that the buyer and seller have agreed on the deal.
- Odometer Disclosure – Records the odometer at the time of the sale (see Form 10-313).
- Release of Liability – Protects the seller from responsibility for any damages or legal fees charged to the new owner (§27‐14‐911) (see Form).