Sale bill 2025

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a valid certificate of title; odometer disclosure statement, if applicable; and. copy of current registration if transferring your license plate. Affidavit of Non-Dealer Transfers (For gift, low selling, or lineal relative vehicle transfers)
Anyone can draft a bill of sale in Tennessee. As long as the document has been signed by all involved parties, it can be legally binding. Having your bill of sale notarized can help it hold up in court.
Definition: A document that signifies that a person or organisation has sold goods to another person or customer is called bill of sale. It is regarded as a legal document and can be used as a valid proof in all legal matters. It also signifies that the ownership of goods has been transferred to another party.
If the vehicle is purchased from an individual and the purchase price is below 50% of the current NADA Clean Loan Book value, a notarized bill of sale must accompany the application for title, or the tax will be assessed on the NADA Clean Loan Book value.
While a Tennessee bill of sale isnt legally required for all transactions, having one provides protection and clarity for both the buyer and the seller. Its strongly recommended to create a bill of sale for any significant personal property transaction.
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Some states require a bill of sale for a private vehicle transaction, but Tennessee is not one of them. While a bill of sale isnt required, its always a good idea to have one.
You can get blank forms from your local DMV; fill one out (make model, serial number, VIN number, license plate number, Mileage reading and description of the car youre selling; buyers name, address, phone, and Drivers License number; your name, address, phone, and Drivers License number).

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