Missouri Personal Property Bill of Sale is a document used as a receipt or ownership for a personal property that is exchanged for trade or cash. This is also considered as a binding document upon the signature of both parties after each trade is completed.
Fill and sign Missouri Personal Property Bill of Sale (Sold As-Is) online and download in PDF.
A Missouri Bill of Sale is a document used to record the details of a transaction between a buyer and a seller in the state of Missouri. It serves as a receipt for the buyer and proof of ownership for the seller. A Bill of Sale Missouri should contain all relevant information about the property being sold, the buyer, the seller, and the terms of the sale, such as the sale price, payment details, and odometer reading. In some states, Bill of Sale forms must also be notarized. While it is not a requirement in Missouri, it is still recommended for document certification and verification purposes.
"Property" that is exchanged through a Missouri Bill of Sale can be a wide variety of things - a motor vehicle, land, particular items or merchandise, and so on. Both the buyer and the seller must agree to the terms of any given sale, often as outlined in a Bill of Sale or as part of the transaction itself such as the agreed upon purchase price, for a sale to properly be considered final. Bills of Sale are also important as financial documents, keeping track of things such as sales tax, personal property tax receipt documents whenever applicable, and so on.
The transfer of other personal property or properties can often be included in the same Bill of Sale form, but multiple documents may be needed depending on the scope and complexity of the sale overall.
Information about the property should be clearly conveyed to the buyer by the seller whenever applicable. This includes details such as, for vehicles, the status of vehicle registration, the vehicle identification number, and the odometer readings of the vehicle being sold.
It is important to have two copies of the Bill of Sale, so that both the seller and the buyer can have their own personal copies. The buyer should keep the Bill of Sale for their records, and the seller should keep it for proof of transfer of ownership.
Note, however, that a Bill of Sale will not always count as a proper transfer of title or license, and that there are still tax concerns that need to be addressed for the transaction. Make sure to visit your local county tax assessor's office or the closest Missouri license office if you need assistance with the financial or legal aspects of the transaction.
Get a copy of Missouri Personal Property Bill of Sale (Sold As-Is) template in PDF format.
You may find a fillable Missouri Bill of Sale template here.
Attach as well all necessary documents that contain the information you need. Vehicle sales should have documentation for all motor vehicles that are being sold through a Vehicle Bill of Sale, and other properties should have documentation proving not just the seller's legal sale and ownership of the property to be transferred, but also other things that may be required by state law, such as assurances of little to no risk of bodily injury, management of the property (up to and including the buyer assuming the maintenance costs as their own), and so on.
If more assistance is required, you may enlist the services of a legal professional in order to analyze the terms of the sale and adjust them or renegotiate accordingly.
Enter what Missouri county this bill is being filled out in.
Enter the seller’s name.
Enter the city or town and county the seller operates in.
Enter the amount paid for the transaction in text and number format.
Enter the buyer’s name.
Enter the city or town and county that the buyer lives in.
Enter the county and address information of the property being sold.
This section certifies that the seller is the true and lawful owner of the property being sold, that the property is free from any claims, encumbrances, or offsets by others, and that the seller will defend the buyer against any and all lawful claims and demands made in relation to this sale.
This section confirms that aside from the warranty of ownership outlined above, the buyer is taking the property or property “as-is” with no warranties, express or implied, as to its condition, and is accepting the property as-is after inspecting it personally.
Enter the date that this bill of sale will become effective (and the sale of the property finalized).
Have the seller enter their name and then sign the form in the space provided.
Have the buyer enter their name and then sign the form in the space provided.
Enter the county that this Bill of Sale is being notarized in.
Enter the name of the person or persons that appeared before the notary in order to notarize this Bill of Sale.
Enter the date that this Bill of Sale was sworn and subscribed before the notary.
Have the notary sign the form in the space provided and enter their name.
Enter the date that the notary’s commission expires.
Start filling out a Missouri Personal Property Bill of Sale (Sold As-Is) sample and export in PDF.
What is the difference between a property Bill of Sale and a property Title?
A Bill of Sale certifies a transfer of ownership between two parties, while a title certifies the buyer's legal ownership. Depending on the state, a property Bill of Sale may be all a person needs to transfer ownership - the title - of a property to another.
What is Notarization?
Notarization is a legal process that involves a Notary witnessing the signing of a document in order to ensure its authenticity and to prevent coercion or fraud.
How do I get a Missouri property Bill of Sale notarized?
Contact your local notary public or directly contact a notary, and set an appointment. This will often require that you and the other party both provide a valid ID to certify your identity. After the document has been signed in the presence of the notary, the notary should then affix their stamp on the document to signify that it has been notarized.
What do I do if I lose my copy of the Missouri property Bill of Sale?
You may ask the buyer/seller for a copy of the Bill of Sale, or print another copy out if you have access to a digital copy of the document. It is important to keep backup copies (digital or physical) of the document, as it can be used for many different purposes beyond certifying ownership and sale.
What other uses does the Missouri property Bill of Sale have?
The property Bill of Sale Missouri can be used for legal purposes, such as when particular transactions are called for investigation or to record a transfer of ownership from one person to another, or for the purpose of filling out information on one’s tax return.
Is a Missouri Bill of Sale considered legally binding?
Yes. For as long as both parties sign the form, and especially if the form is notarized, all of the terms and conditions, as well as the price set for the property, must be followed unless both parties agree to renegotiate and draft a new agreement.
When do I need to have filed a property Bill of Sale?
Whenever a transaction is agreed upon, it is generally the seller’s responsibility to provide a property Bill of Sale (or several copies of one) for both buyer and seller to sign.
What if I am selling multiple properties?
You may include any additional properties' information on a separate sheet of paper as necessary, or create another Bill of Sale Missouri should the other property be for a different transaction or require too much information to simply add on to another document.
What is a warranty?
A warranty is a written guarantee that the manufacturer of a product will repair or replace said product in the event that it is damaged or lost within a particular period of time.
Do Missouri Bills of Sale come with a warranty?
Not always. In the case of a person buying a property directly from the manufacturer or an affiliate of theirs, there will often be a warranty attached to the property. When buying a property from an individual, however, properties are not guaranteed to still have a warranty attached, especially if the property is second-hand or was otherwise used before. Warranty details, if any, should be included as part of the information on the property entered on the Bill of Sale and its terms.
What if I am buying or selling the property on behalf of another person that provided the funds?
If you are acting as a representative of the buyer or seller, enter your name instead of theirs and sign the form in the relevant places. Make sure, however, to provide clear evidence that the buyer or seller has authorized you to manage the transaction in their stead.
What if there is no Missouri property Bill of Sale?
Not having a Bill of Sale will leave both buyer and seller vulnerable to a wide variety of issues, such as deciding who is liable for damages to or caused by the property, or legal disputes on the property’s ownership. If any record at all exists that can be used to help recreate the payment arrangement, it can be used in place of a proper Bill of Sale to provide proof of ownership, but some documents may not be considered valid in particular situations.
Do I still need a Missouri Bill of Sale if I give a property as a gift?
Yes. Simply note that the property was given as a gift on the Bill of Sale and enter the amount paid for it as “0”.
What happens if the buyer or seller does not sign the Missouri Bill of Sale?
The transaction will either need to be renegotiated or canceled entirely.
Create a Missouri Personal Property Bill of Sale (Sold As-Is) document, e-sign, and download as PDF.
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