What must a bill of sale include?
A bill of sale should, at a minimum, include information identifying the parties to the transaction (the buyer and seller), the total purchase price, and a specific description of the item that was sold.
How do you handwrite a bill of sale?
When writing a bill of sale, make sure it contains: the seller's name and address, the buyer's name and address, a description of the item being sold and if it's for a vehicle make sure to include, the vehicle identification number, the date of transaction, the previous owner, the amount paid, the method of payment and
What does Curbstoning mean?
Curbstoning is when a dealer poses as a private seller to sell a car. By curbstoning, an unethical dealer can avoid having to comply with the regulations that apply to dealers. To a buyer, this could mean buying a car that has a salvaged title (a car that's been declared a total loss by an insurance company).
Related Question how to do a bill of sale for a vehicle
Does a bill of sale have to be notarized in Mississippi?
A Mississippi motor vehicle bill of sale is a document that proves the legal sale of a motor vehicle and the change of its ownership. The bill of sale is often needed for vehicle registration. It does require notarization.