Wyoming Bill of Sale Forms

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A Wyoming bill of sale form is a synopsis of a financial arrangement between two (2) parties. The buyer vows to pay the owner upon finalizing and signing the document. In exchange, the seller agrees to give the personal property to the new owner. This person must include the necessary paperwork, accessories, or other accompanying items.

Summary

  • Sellers must sign boat bill of sale forms in front of a notary public.
  • Wyoming is one of the most lenient states for owning and selling guns.
  • Residents need to present a trailer bill of sale form when registering and titling it.

Types (5)

Boat Bill of Sale – A form signed and completed before the exchange of funds for vessel ownership.

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Firearm Bill of Sale – Serves as legal documentation of a gun transaction between two (2) law-abiding citizens.

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General Bill of Sale – Holds the purpose of recording the compromise that occurred for the repossession of personal property.

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Motor Vehicle Bill of Sale – A pledge between a buyer and seller stating that the new owner will receive ownership of the car as-is, and the previous owner will collect the agreed-upon funds in trade.

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Trailer Bill of Sale – Acts as official certification of the prearranged deal discussed between a merchant and purchaser to reassign ownership of a utility trailer.

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Signing Requirements

Bill of Sale TypeBuyer SignatureSeller SignatureNotarization
BoatNot requiredRequiredRequired
FirearmRequiredRequiredNot required
General (others)RequiredRequiredNot required
Motor VehicleRequiredRequiredNot required
TrailerRequired            RequiredNot required

What is a Wyoming Bill of Sale?

A Wyoming bill of sale is a document that often coexists with identifying paperwork, such as a certificate of title, registration, or affidavit. However, the bill of sale does not need supporting forms since it can be singular. In other words, it holds power on its own by authenticating the transfer of an item.

Bill of sale forms have two main categories: state and non-state. Individuals only use the document for the state in which they reside. For instance, a Wyoming resident buying a boat would use a Wyoming boat bill of sale. They would not use a generic form or a document for another state.

On the other hand, buyers and sellers can use non-state documents, regardless of their location. An example of this situation is if a buyer purchases a puppy from a seller. They would carry out the transaction using a puppy bill of sale rather than a state-specific form.

Registration Forms: Boats

  • Bill of Sale – For the lawful transaction of a ship or water vessel.
  • Watercraft Registration Application – Allows the owner to provide the information necessary for approval.
  • Application for Certificate of Title (Form MV 300A) – To verify the hull identification number (HIN) and apply for a title.
  • Inspection – The applicant must provide evidence of a passed boat inspection to check for the presence of invasive species. In-state decals are $10 and out-of-state decals are $30.
  • Proof of Paid Sales Tax – Applicants must refer to the most recent sales and use tax chart to ensure they have paid.
  • Payment – Fees depend on the county rates.

Additional (Optional) Documents

  • Manufacturer’s Statement of Origin (MSO) – A document that provides information about the construction of a new boat.

Registration Forms: Vehicles

  • Bill of Sale – To legally acquire an automobile from a private seller.
  • Application for Certificate of Title (Form MV 300A) – A notarized form that allows the registrar to provide facts to the office in exchange for a title.
  • Odometer Disclosure Statement – A federal form verifying the mileage.
  • Insurance (Minimum Liability) –
    • Bodily Injury (per person, per incident): $25,000
    • Bodily Injury (per incident): $50,000
    • Property Damage (per accident): $20,000
  • Proof of Paid Sales Tax – Confirms the applicant has paid their yearly car taxes.
  • Payment – Fees vary by county. Individuals can request a fee schedule from a nearby county treasurer’s office.
  • Identification (ID) – An unexpired Wyoming driver’s license or state ID card.

Additional (Optional) Documents

  • Dealer’s Invoice – Only if the owner bought the car from a dealership.
  • MSO – Applicable to new vehicles.
  • Title – For vehicles previously titled in Wyoming.
  • Wyoming Motor Vehicle Power of Attorney – For an agent to take care of automobile responsibilities for someone.

Registration Forms: Trailers

  • Bill of Sale – This form makes it possible for an individual to purchase a light trailer from another person.
  • Application for Certificate of Title (Form MV 300A) – To assign a vehicle identification number (VIN) to the trailer. Requires inspection and subsequent form completion by an approved agent.
  • Proof of Paid Sales Tax – Verification that the owner has paid excise tax on the trailer.

Additional (Optional) Documents

  • Dealer Purchase Agreement – For trailers purchased through a dealership.
  • Lien Release or Statement – Needed if the owner pays off the lien or has a current lien on the trailer.
  • Manufacturer’s Suggested Retail Price (MSRP) – Only needed for brand new trailers.