Bill of Sale in Connection with Sale of Business by Individual or Corporate Seller - South Dakota 2026

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering the Seller's name and address at the top of the form. Ensure that you specify whether the seller is an individual or a corporation.
  3. In the section detailing the assets being sold, list all items included in the sale, such as furniture, equipment, and inventory. You can add or delete items as necessary.
  4. Complete the sections regarding rights and agreements. This includes any contracts or licenses that are transferable to the purchaser.
  5. Fill in any additional assets not previously listed in Schedule 1 and ensure all relevant details are accurate.
  6. Finally, both parties should sign and date the document. If applicable, include notarization for added legal validity.

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To transfer a title in South Dakota, you will need the following: Ownership Document: Current Odometer reading for all vehicles/motorcycle 20 years or newer signed by seller and buyer. Purchase Agreement or Valid Bill of Sale (if issue date less than two years ago)
In addition to the title, when selling a vehicle, the party selling the vehicle should provide to the purchaser a Bill of Sale. If you have questions in regard to your drivers license, please contact the Drivers License Office which is a division of the South Dakota Department of Public Safety.
You can use an online bill of sale form provided by the state of South Dakota or you can draft your own.
Avoid these common errors: ❌Signing the title in the wrong place ❌Not notarizing the bill of sale ❌Forgetting odometer disclosure ❌Using white-out or crossing things out ❌Incomplete buyer/seller information What to do instead? Let the pros at The Notary Shoppe walk you through it.
Below are the steps requirements for selling a vehicle in South Dakota: Complete a Bill of Sale and Odometer Disclosure Statement. Submit a Report of Sale. Retain the Vehicle License Plates. Obtain a Sellers Permit for Private Sales.
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To make a legally binding bill of sale, you must follow state laws and include specific information like the buyers name, sellers name, contact information, description of the item, sale price, date of the sale, sellers signature, and in some cases, the buyers signature.

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