A Nebraska bill of sale form is used by two parties to record information about a transaction. The seller can request money from the buyer for the item or gift it. A willing buyer and seller can also trade personal property of equal or similar value. For example, the individuals might exchange a boat and a car that each have a value of $2,000. Regardless of the transfer method, the parties involved must state the details in the form to have an official record.
Car sellers must use the state bill of sale form for vehicle transactions.
Notaries must witness the signing of buyers and sellers for car transactions.
Residents must be at least twenty-one and have a permit to purchase a gun.
Boat Bill of Sale – Provides the buyer and seller with a method of documenting the exchange of watercraft.
A Nebraska bill of sale form lists information about a transaction between a transferor and transferee. Comparable to a receipt, the document defines the following:
Date of the sale;
Both parties’ full names;
The sale price and taxes (if applicable); and
However, a bill of sale differs from a receipt because it describes the item in greater depth and may require notarization. In addition, the buyer cannot make a return (as standard retail stores allow) or make unwarranted claims against the seller.
This “receipt” allows the buyer to prove their ownership and the seller to prove their release of ownership. Both purposes are important, especially if the buyer and seller have to visit a government official office, such as the Department of Motor Vehicles (DMV). Furthermore, the buyer needs the form to register a vehicle or boat. Understanding state requirements before the sale help both parties to complete the necessary tasks.
Title Application – Original title. Complete an Application for bonded certificate of title (Boat) for boats without a title, homemade vessels, or watercraft with a bonded title in another state. The owner must also submit this form if their title or MSO is incorrect.
Hull Identification Number (HIN) – Proof of number provided by the manufacturer. If the boat does not have a HIN, the owner must complete an application for the state to assign one.
ID – A valid ID with a photograph to prove identity.
Additional (Optional) Documents
Manufacturer’s Statement of Origin (MSO) – The manufacturer provides this form to describe the boat’s identifying information.
Insurance – Nebraska does not require boat insurance, but they highly recommend it to protect the owner.
Registration Forms: Firearms
Nebraska residents can have a gun without registering it unless they reside in the City of Omaha, which requires citizens within that jurisdiction to register with the state. Regardless of the location in which they live, all firearm holders must have a permit to purchase and own. Private sellers have to check the buyer’s history to see if they are a felon or mentally unhealthy. If they do not pass the test, they cannot make the purchase. Concealed carry permit holders are exempt from needing a license to purchase or own. The Nebraska State Patrol handles all firearm-related applications and matters.
Payment – Fees owed by the vehicle owner to cover registration.
Proof of Minimum Insurance Requirements (§ 44-6408) –
Bodily Injury or Death: $25,000 per person
Property Damage: $25,000 per incident
Total Bodily Injury or Death: $50,000
Title: Original, signed title. If the title has been lost or stolen, request a new one by completing a Duplicate Title Application (Form RV-707a). Vehicles that do not have a title, have an incorrect title or Manufacturer’s Statement of Origin (MSO), or have a bonded title from another state require the completion of a Bonded Certificate of Title (Vehicle).
Proof of Tax Payment – The owner must present a receipt that confirms they paid for their motor vehicle taxes.
Identification (ID) – The state requires an official photo ID that proves the owner’s name, address, and date of birth.
Utility trailers in Nebraska require registration but do not need a title unless the gross weight equals 9,001 pounds or more. All paperwork and fees must go to the resident’s nearest county treasurer’s office.
Bill of Sale – This document acts as a business contract between two (2) people involving the exchange of a trailer.