South Dakota Bill of Sale Forms (5)
A South Dakota bill of sale form becomes relevant when claiming ownership of an item or verifying that a negotiation involving funds, trading, or gifting ensued. A seller can use it for large, expensive personal property like boats, guns, or cars. They can also create one for other more minor but valuable commodities, such as earrings, dresses, or sewing machines. However, this list is not extensive, as individuals complete it for objects.
Summary
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Types (5)
Boat Bill of Sale – A legal document that substantiates the obtainment of a boat from a private seller.
Download: PDF
Firearm Bill of Sale – Records a firearm’s change in custody from one person to another.
General Bill of Sale – Used when selling, donating, or gifting a valuable article or thing to someone else.
Download: PDF |
Trailer Bill of Sale – Ascertains the change of possession between a buyer and seller regarding a utility trailer.
Signing Requirements
Bill of Sale Type | Buyer Signature | Seller Signature | Notarization |
Boat | Not required | Required | Not required |
Firearm | Required | Required | Not required |
General (others) | Required | Required | Not required |
Motor Vehicle | Not required | Required | Not required |
Trailer | Required | Required | Not required |
What is a South Dakota Bill of Sale?
A South Dakota bill of sale eradicates a seller’s accountabilities for an item and thereby transfers it to another person who paid for it or traded a price-matched object. The Department of Revenue (DOR) does not require notarization for the bill of sale. Still, it is encouraged, as it endorses the document and guarantees the legitimacy of the ownership swap.
The seller (owner) and the buyer (new owner) agree to the terminologies listed on the bill of sale, which delivers data about each party, a report of the item, and signatures.
The DOR orders a bill of sale to accompany the paperwork for titling and registering a car or boat. The document must have the vehicle or vessel year, make, model, automobile (or hull) identification number, and the title number. The appropriate parties must sign to show their approval.
In some cases, an individual donates or gifts an item to someone. Although payment is not involved (meaning the object is “free”), a bill of sale acts as a receipt and proof of possession, making it an essential addition to this type of transaction.
Registration Forms: Boats
Get in touch with a county treasurer to submit the required registration paperwork and fees.
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Registration Forms: Firearms
Firearm registration is not a requirement in South Dakota, although gun holders can decide to obtain a license to carry in additional areas. There are three (3) types of permits: regular, gold, and enhanced. Each kind has its own set of restrictions and guidelines, and therefore, the firearm owner must decide which one is best for their current situation. They must contact a nearby county sheriff’s office to drop off the necessary forms.
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Registration Forms: Vehicles
Residents must present the forms to their county treasurer’s office to receive a registration and/or title.
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Additional (Optional) Documents
- Affidavit of Vehicle Ownership by Succession (Form MV215) – For individuals inheriting or transferring car ownership from a deceased relative.
- Seller’s Report of Sale (Form MV2200) – Protects the seller by officially relinquishing ownership after the sale.
- South Dakota Motor Vehicle Power of Attorney – To appoint another person to operate or manage tasks relating to an owner’s vehicle.
Registration Forms: Trailers
Trailers in South Dakota require registration and title, which occurs through a county treasurer’s office.
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Additional (Optional) Documents
- Power of Attorney (Form 1023) – A trailer owner fills out this document to empower someone as their representative.
- Trailer License Plates – If the owner uses the trailer with a vehicle that weighs less than 6,000 pounds, they must apply for a trailer license plate using the application form.