What Is a Bill of Sale in Louisiana?
In Louisiana, when an ownership transaction takes place between private parties, the Louisiana Bill of Sale form is often used. The private parties are the individual private seller and the purchaser. Treat a bill of sale as a binding contract between them.
The following information should always be included in the bill of sale:
- Seller’s and buyer’s details
- Their signatures
- Item description
- Selling price and date of sale
Remember to describe the item clearly and in detail so that it can be identified easily by other individuals and organizations.
Louisiana Bill of Sale Types
Many varieties of items can be sold privately. Most sellers and buyers want to protect their rights by filling out the Louisiana bill of sale form when making deals with expensive or potentially dangerous items. Continue reading this section to learn about the most commonly used types of this legal document. Note that some of them are required for the registering procedures in Louisiana.
Louisiana Vehicle Bill of Sale
You do not need a bill of sale when registering a vehicle in Louisiana. It is still good practice to obtain one because it will document the transaction clearly and concisely.
Louisiana Watercraft Bill of Sale
When registering a used watercraft in Louisiana from an individual seller, you will need a notarized bill of sale. It means that private sellers in Louisiana have to create a bill of sale to sell a watercraft, and the buyer should keep it for the registration.
Louisiana Firearm Bill of Sale
A bill of sale is not a legal requirement for purchasing or registering a firearm in Louisiana, but when it comes to dangerous items and weapons, it is always better to get a bill of sale and have copies for both parties.