A trailer bill of sale is an important legal document that proves ownership transfer. If you are about to sell or buy a trailer, you need to find out whether this document is required for the registration of this vehicle in the state. It is essential that a bill of sale is written and signed according to the requirements valid in a certain state. Read this article to find out comprehensive information on a bill of sale form used for selling or buying a trailer, how to prepare such a document, and how to comply with the requirements of your state after ownership transfer of this unpowered vehicle.
Trailer Bill of Sale Templates By States:
What Is a Bill of Sale?
A bill of sale is a legal document that can be used to prove ownership transfer of different types of property. It contains all the essential information to identify the parties of the deal (such as their names) and the property (such as an identification number). You may find a free PDF template in a printable format on the Internet. You can fill it out and print it before selling or buying a trailer. Such a form may be available on our website and the website of the Department of Motor Vehicles (DMV) operating in your state; so, you can download it from there.
When Can a Bill of Sale Be Used?
This document can be kept by both the seller and the buyer to prove ownership of a trailer and ensure certain warranties. It is important because it allows putting everything on paper, protecting each of the parties from liabilities that they are not supposed to face. Also, thanks to it, they can avoid becoming victims of fraud.
This document must be provided to register and title the trailer if it is required in your state. The form must contain the signatures of both parties of the transaction. It may also be required that the document and the signatures are witnessed by two persons or notarized.
How to Fill Out a Bill of Sale Correctly?
First of all, you should check whether a template of a bill of sale is available on the official website of the DMV in your state. In this case, you just need to fill out all the fields present in it. You can also find such a template on our site. Check the required information that must be included in the paper on the website of the DMV.
The following fields are usually required to be provided in the document:
- Buyer’s name
- Seller’s name
- Buyer’s address
- Seller’s address
- Price of sale
- Date of sale
- Description of a trailer (make, model, year, vehicle identification number (VIN))
To ensure authentic information, both parties must provide their documents issued by the government to prove their identity (passport, driver’s license, etc.).
Do You Need to Provide a Bill of Sale to Register Your Trailer?
The purpose of the registration process is to determine ownership of each trailer on US roads and freeways. In most US states, the trailer is required to be registered. The terms for this procedure vary depending on the state and can be from five to 30 days. If the owner fails to complete the registration procedure within the given timeframe, he/she will not be able to use it on the road legally.
If it is a used trailer, a trailer bill of sale may be among the documents required for registration and title of the vehicle.
How to Register Your Trailer?
Follow our step-by-step instructions on how to register your trailer:
- Research registrations existing in your state;
- Collect all necessary documents;
- Complete the registration application;
- Pay the registration fees;
- Submit your documents;
- Complete your registration.
Researching Registrations Existing in Your State
Different laws apply in US jurisdictions regarding the registration procedure of trailers. However, in most states, owners need to register their trailers that they use either for personal or commercial purposes. Since the requirements drastically vary from state to state, you need to find out what they are in your location.
The best way to find essential information on this issue is from official sources. It means that you will need to clarify where you will register your trailer. Usually, it is done through the DMV. You can enter the website of the DMV in your state to find out all the needed information. Also, you can find contact details that you can use to ask for help with the process. It is also possible to go to the Department’s office located in your area.
The list of documents may include the following:
- Two forms of photo ID such as a driver’s license and a passport;
- A properly filled-out and signed bill of sale;
- The certificate of title;
- Other documents.
The list of documents depends on many other factors, such as:
- Whether it is used or a new trailer;
- Whether it has been previously registered in your state or a different state;
- What its Gross Vehicle Weight Rating is;
- Other factors.
Collect All Necessary Documents
Once you know the list of all the documents that you will need to bring, you can prepare them for registration. You will also need to complete the registration application that you can either find in a downloadable format on the official website of the DMV in your state or get by going right to the nearest DMV’s office.
Pay the Registration Fees
The DMV will likely require you to pay a registration fee for your trailer. Its amount depends on a range of factors, such as the laws applied in your jurisdiction and your trailer specification. You may need to pay several fees at once, including:
You may also have to pay a sales tax if it is required by your state law.
Submit Your Documents
Usually, you can either bring all the documents to the office of your DMV or mail them by regular post. In the latter case, remember to make copies of all of the documents that you send. If everything is fine, your trailer will be registered and titled, and you will receive relevant documents.
Completing Your Registration
Once your trailer has been successfully registered with the DMV, you will get the license plate that you will need to attach to your trailer. The license number of your vehicle will help in its recovery in case of loss or stealing.
Now, you need to get insurance for your trailer. Please note that you may be required to do that before applying for registration and titling. The coverage will depend on various factors, such as the value of the trailer and its use. You may need to opt for a standard insurance policy or something more expensive.
Renewing Registration of Your Trailer
The registration of your vehicle remains valid for a certain timeframe. Over some time, you will need to renew your registration with your local DMV. How often you will have to do it depends on the laws of your jurisdiction and the specification of your trailer.
The purpose of renewing your registration is to keep DMV records up-to-date. If it is necessary to identify the owner, it can be done through the registration records maintained by the Department. To renew your registration, you do not need any bill of sale. You may be required to provide the following:
- Your current registration
- Renewals fees