Georgia General Bill of Sale Form
A Georgia general bill of sale form reveals the facts about an item’s relocation. The personal property changes hands from a seller to a buyer in the process. Each party completes the application sections of the document before sealing the deal with their signature. Most importantly, the bill of sale should contain the names and signatures of the buyer and seller. Plus, it should include a brief overview of the object and its cost.
|Signing Requirements: The buyer and seller must indicate their approval with a signature.
What is a Georgia General Bill of Sale?
A Georgia general bill of sale constitutes a compromise where a buyer pays a seller for goods. Both individuals work in unison to finalize the form so the deal can occur. The document allows the transaction to happen as an exchange for cash or trade. It can also transpire by gift, where the buyer does not pay for it.
The document verifies each person’s role in the sale, thereby proving the buyer did not steal the item. Subsequently, the original owner removes their legal control of the property. They cannot claim ownership or request additional cash after the transfer happens. Likewise, the purchaser cannot ask for a refund or reimbursement.
Frequently Asked Questions (FAQ)
View the answers to everyday bill of sale questions in Georgia.
1. How to Write a Bill of Sale in Georgia
First, enter the buyer and seller’s name, home location, phone number, and email address. Next, describe the property by providing a summary. If applicable, list its serial number, color, brand, and year.
Refer to section four (4) to write down the transaction details, like the selling price, tax amount, payment method, sale date, and additional terms. As the last step, the buyer and seller must enter their full name, signature, and date of signing on the lines provided.
2. Is a Bill of Sale Required in Georgia?
Yes, Georgia requires private sellers and buyers to complete a bill of sale for motorized items. Boats, cars, off-highway vehicles, motor homes, and other similar property need the document to prove ownership. The form holds greater importance because the new owner must use it to register and/or title the equipment.
Other belongings that do not need registration and title do not require a bill of sale form. Residents should consider completing the document, however. It verifies the change in ownership and acts as a sales receipt.
3. Should I Have the Bill of Sale Notarized or Witnessed?
No, a Georgia bill of sale form does not need notarization or witnesses. The state highly recommends that buyers and sellers have the document notarized. A notary seal authenticates the signing and ensures that the deal occurred. Essentially, it decreases the chance of scams or fake sales.