Idaho General Bill of Sale Form
An Idaho general bill of sale form acts as a reference to identify a buyer, seller, and the item they transferred. It lets others know how much the new owner paid for the goods and when the exchange happened. If the deal involved other arrangements, then both parties must list other conditions in the “additional terms” section. Otherwise, each person must list their credentials, describe the sale item, and declare the amount paid.
| Signing Requirements: The purchaser and merchant must enter their signatures. |
What is an Idaho General Bill of Sale?
An Idaho general bill of sale transmits the data of an exchange between two (2) parties. After striking a deal, the buyer and seller download or print the document to complete it. When filling it out, they must closely follow the outline to include the required information. As soon as each person supplies the necessary details, they sign to verify their approval.
Frequently Asked Questions (FAQ)
Discover more about bill of sale forms in Idaho by reading the following list.
1. How to Write a Bill of Sale in Idaho
An Idaho bill of sale form generally contains five (5) sections. It provides the identifying information of the buyer and seller and the item sold. The buyer also explains how they paid the seller and the property’s value at that time.
Each bill of sale can provide varying amounts of detail depending on the item. For example, a vehicle bill of sale can also include an odometer disclosure statement, where the seller writes down the mileage reading of the car.
2. Is a Bill of Sale Required in Idaho?
Yes, the Idaho Transportation Department requires a bill of sale form for vehicle and vessel sales. It officially reassigns the title and signifies that both parties agreed to the exchange. Other deals, such as animal or equipment transfers, do not need a bill of sale. However, buyers and sellers should still fill out the form as proof of the sale and acquisition.
3. Do You Need to Notarize a Bill of Sale in Idaho?
No, you do not need to notarize a bill of sale in Idaho. Nonetheless, individuals involved in a transaction can have a notary public witness the signing. Buyers and sellers can also have a trusty witness (not a notary public) sign as a testament.