Free Colorado Bill of Sale


Sample Colorado Bill of Sale

Motor Vehicle Bill of Sale

IN CONSIDERATION of ______________________ of ________________________ (the 'Purchaser') providing $_____________USD, which includes all sales taxes (the 'Purchase Price'), the receipt and sufficiency of which consideration is hereby acknowledged to ______________________ of ________________________ (the 'Seller'), the Seller SELLS AND DELIVERS the Motor Vehicle to the Purchaser.

PURCHASE PRICE: The Purchaser will pay the Purchase Price to the Seller by Bank Draft.

MOTOR VEHICLE: The Seller will sell and deliver to the Purchaser the following motor vehicle (the Motor Vehicle):

  • Make: ________________________
  • Model: ________________________
  • Year: ________________________
  • Body Type: ________________________
  • Vehicle Identification Number (VIN): ________________________
  • Odometer Reading: ________________________ miles

WARRANTIES: The Seller warrants that the Motor Vehicle is free of any liens and encumbrances except the Security Interest and that the Seller is the legal owner of the Motor Vehicle. The Seller also warrants that the Seller has the full right and authority to sell and deliver the Motor Vehicle and that the Seller will defend the title of the Motor Vehicle against any and all claims and demands except the Security Interest.

'AS IS' CONDITION: The Purchaser acknowledges that the Motor Vehicle is sold 'as is'. The Seller expressly disclaims any implied warranty as to fitness for a particular purpose and any implied warranty as to merchantability. The Seller expressly disclaims any expressed or other implied warranties.

WORKING ORDER: Any warranty as to the condition or working order of the Motor Vehicle is expressly disclaimed by the Seller.

MANUFACTURER'S WARRANTY: Any disclaimer of warranties by the Seller in this Bill of Sale will not in any way affect the terms of any applicable warranties from the manufacturer of the Motor Vehicle.

LIABILITIES: The Seller does not assume, nor does the Seller authorize any other person on the behalf of the Seller to assume, any liability in connection with the sale or delivery of the Motor Vehicle.

INSPECTION: The Purchaser accepts the Motor Vehicle in its existing condition given that the Purchaser has either inspected the Motor Vehicle or was given the opportunity to inspect the Motor Vehicle but chose to not inspect it.

GOVERNING LAW: This Bill of Sale will be construed in accordance with and governed by the laws of the State of Colorado.

SIGNED, SEALED, AND DELIVERED this ____________________, _______ in the presence of:

   



_____________________________
______________________
(Seller)

     

Federal and State Law requires that the Seller state the Mileage upon transfer of ownership. Failure to complete or providing an inaccurate or untruthful statement may result in fines and/or imprisonment.

Odometer Disclosure Statement

I , ______________________ of ________________________ (the 'Seller'), STATE AND DECLARE that the odometer of the following vehicle (the 'Motor Vehicle') reads as follows:

  • Make: ________________________
  • Model: ________________________
  • Year: ________________________
  • Current Odometer Reading: ________________________ miles

  • Body Type: ________________________
  • Vehicle Identification Number (VIN): ________________________

We CERTIFY that to the best of our knowledge the odometer reading as stated above is actual mileage in excess of odometer’s mechanical limits.



SIGNED, SEALED, AND DELIVERED
this ____________________, _______ in the presence of:

   

________________________
Seller: ______________________
Address: ________________________

     

Receipt of original copy
is hereby acknowledged by
______________________

   

___________________________
Purchaser: ______________________
Address: ________________________

     








Bill of Sale Colorado

What is a Bill of Sale?

A bill of sale (BOS) refers to a legal document that proves the transfer of ownership over an asset from a seller to a buyer. The document is available in a specific format, and for that, you have to fill out a form. And, you’re in luck because we have a free bill of sale form in Colorado. Besides facilitating the transfer of ownership of your property, the form ensures that you have all the necessary information when you’re putting pen to paper prevention future issues over the legality of the document and the property sold.

As a proof of the exchange of ownership, you can use the document in the court; hence the need for our free Colorado bill of sale form exists. To proof the validity of the document, both parties have to sign the document in the presence of a notary.

So, which are the main types of bill of sale in the state of Colorado?

The General BOS

Don’t let the name deceive you: though general, this kind of BOS requires specific information about the item on sale.

Wondering what makes it a general document? Well, this type of BOS could be thought of like a receipt you’d get from the grocery store after buying a toaster. The only difference is that you use it when selling that old toaster, laptop, DVD, home theatre, or furniture. In any of these cases, you will need details of the items on sale. Some of the details captured include the serial number of the item, shape, size, color, model, make, and any specific details.

The price of the item should also be included in the BOS in words and then in its dollar amount. After the price, you have to add the date of the sale, as well as the date of the payment if different from the date the sale is initiated. The state also requires you to state whether the item is given as a gift or not.

In the state of Colorado, the General BOS should feature the seller’s disclosure: the document informing the buyer whether or not the item has defects. Once satisfied, both the buyer and the seller must sign the documents in the presence of the notary public.

Colorado Motor Vehicle/ Car Bill of Sale

This reference the legal document used as a proof of the transfer of ownership of a vehicle during the time of its gifting or sale. The state of Colorado requires the use of the BOS under special circumstances, but a title transfer is essential to assigning ownership to the buyer.

Even so, we recommend getting the BOS document for it serves as a receipt of the sale/ purchase. You will need it during the tax period or if legal issues arise; say, if the new buyer fails to register the vehicle.

When is the BOS necessary?

If the buyer needs to drive the car before it’s registered as a result of an after-hours purchase

If the title doesn’t have any space for the recording of the odometer reading.

  • What’s included in the bill of sale for motor vehicles?

    • The vehicle identification number (VIN)

    • Vehicle’s description: year, model, and make.

    • Buyer's and seller’s names

    • Vehicle’s final selling price

    • Date and time of the final sale

    • Buyer’s and the seller’s agreement statements. The state requires that these statements indicate whether or not the vehicle bad warranty and if the vehicle is a purchase referred to as an “as-is” purchase.

    • Unlike other states, the state of Colorado requires the BOS to include the penalty for any perjury statements.

    • It should be dated and with the signatures of the buyer and the seller.

    • Notarization isn’t compulsory.

Colorado Motorcycle BOS

Looking to sell a motorcycle to a friend? Get a motorcycle BOS. This refers to an agreement allowing an individual to buy an item and hold the receipt for the transaction after the completion of the transaction. This document is necessary for the registration of the motorcycle and its titling.

You will also need this document to provide a detailed history record for the motorcycle for any buyers in the future.

We recommend its use for cash transactions since this will be the only document in paper form, the only proof that the transaction and the change of ownership took place.

You also need to state whether the motorcycle is sold “as-is.” And, if the buyer requests an inspection, then it should be completed before the finalization of the sale.

For validity, this BOS should be signed in the presence of witnesses and also no notarized by the state’s Notary public.

Important details in the motorcycle BOS form include the make, model, year, color, and the VIN. The manufactured odometer reading is also necessary.

Other BOS include the ones for boats and guns.

So, which BOS do you need? We have all kinds of downloadable bill of sale forms you may need online. The forms are accessible to all the residents of Colorado.

Sample

CO Bill of Sale

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