Due to the usefulness of an OH bill of sale agreement, both sellers and buyers are encouraged to keep a copy should they require it in the future. On the other hand, a vehicle bill of sale can also protect sellers, as they can use it as an additional proof that they are no longer liable for the vehicle in question.īy keeping receipt of this credential, sellers will also retain access to the information regarding the sold vehicle. The car sales receipt, which includes the sale price of the vehicle, affects the sales tax for the vehicle. Moreover, this document can also prove useful when calculating the sales tax one needs to pay. Therefore, purchasers can present this credential if they need to resolve certain legal disagreements regarding the vehicle ownership after the process of buying a car. For instance, a fully completed auto bill of sale document that bears the legal signature of the seller can be used to prove the transaction occurred and provide details about the involved parties and the sale price.

Keeping an Ohio bill of sale copy after finalizing a vehicle sale transaction can prove useful to both the buyer and the seller in a variety of situations. Submitting a bill of sale form may also be a requirement when titling and registering salvage and self-assembled vehicles, since applicants will need to provide information about the source of the parts used in the construction of this special vehicle type.

For example, when applying for a vehicle title for a mini-truck or a utility or under-speed vehicle, customers will be required to furnish proof of ownership, in addition to the standard title application.Ī vehicle bill of sale, a certificate of origin or an assigned title can serve as a proof of ownership in such instances. An Ohio bill of sale receipt is also necessary in the titling process of certain special types of vehicles.

Simple vehicle bill of sale