A written Automobile/Vehicle Bill of Sale and Odometer Disclosure Statement is a necessity when selling a car, truck, motorcycle or trailer. It is important to document the terms of a vehicle sale in order to prove ownership. This Bill of Sale is also useful for accounting and tax purposes. An Odometer Disclosure Statement is also included as federal law mandates that a seller disclose the vehicle’s mileage upon transfer of ownership.

Among others, this Automobile Bill of Sale contains the following provisions:

• Consideration Paid: This provision states the amount paid for the vehicle and can be used by the buyer to prove that valuable consideration was paid;
• Seller's and Buyer's Name and Address: Identifies the parties to this sale in the event of a dispute;
• Make/ Model/ Year/ Mileage/ Vehicle Identification Number: Identifies the vehicle being sold;
• Ownership Covenant: Seller warrants that he/she is the true owner of vehicle and has the right to sell the vehicle;
• Encumbrance Covenant: Seller warrants that the vehicle is free from any lien, security interest or other encumbrance;
• Defend Covenant: Seller will defend vehicle against any claims or demands.

Protect your Rights and Property by using our professionally prepared up-to-date forms.

This lawyer-prepared packet includes:

1. Instructions and Checklist
2. General Information
3. Automobile / Vehicle Bill of Sale and Odometer Disclosure Statement for use in India

Law Compliance: This form complies with the laws of the states and territories of India