What Is a Recreational Vehicle?
A recreational vehicle is a motor vehicle or trailer that has living quarters. Such a vehicle can serve as accommodation. There are various types of RVs, such as motorhomes, campervans, caravans, truck campers, and others.
This kind of vehicle may include special facilities to ensure comfortable living, including a kitchen and a bathroom. It usually comes with at least one sleeping place.
Recreational vehicles can be of the following two types:
The first ones are not self-propelled but towed by a motorized vehicle. Recreational vehicles of the second category are equipped with all the parts necessary for the movement independently from another motorized vehicle.
What Is a Bill of Sale that You Can Use to Sell or Buy an RV?
A bill of sale allows the seller and the buyer to complete the transfer of ownership in a legal and safe way. This document is essential not only for personal records that both parties should maintain but also for proper registration and title of a vehicle if it is required by state law.
It is usually a one-page document that contains all the essential information on the deal and allows determining the following:
- Who the seller is;
- Who the buyer is;
- What recreational vehicle has been sold;
- When the transaction took place;
- What the sale amount is.
Also, a bill of sale may be used for tax purchases if they are applicable in your state. While it is possible to add a few more details to the document, if you want to add lengthy terms for comprehensive legal protection, you should use a contract additionally.
Generally, a bill of sale serves as a receipt. Even if this document is not needed for registration or title of a vehicle by the relevant state bodies, both the seller and the buyer should prepare one for protection and warranties.