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Youll need to show an original bill of sale as proof of sales price. The county assessor (DMV) or the Idaho Transportation Department (ITD) will collect sales tax when you apply for an Idaho title.
Most purchase and sale agreements contain an As-Is clause, which protects the seller from unexpected issues that may arise with a horse. It means that the seller warrants neither the condition of the horse nor the horses fitness for any particular purpose.
In short, you need a bill of sale in order to obtain a title. This answers the question of is the bill of sale same as the title, as youll need one to get the other.
The bill of sale should be signed by both the buyer and the seller, who should also both date a copy for their records. Take into account including a notary statement: Including a notary statement can help ensure the documents legitimacy and offer further legal protection.
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.

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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.
How to write a Horse Bill of Sale The name and contact details about the seller. The name and contact details about the buyer. The location of the horse sale. A description of the horse and its name. The date of birth of the horse. The sale price of the horse. The horses registration details.

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