Bill of Sale Requirements in Nevada
Bill of Sale in NV
The Nevada Department of Motor Vehicles (DMV) requires you to use a bill of sale when buying or selling a car in the Silver State only in a very specific situation.
However, anytime you sell a car, it's important to complete the state's Bill of Sale (Form VP104) for your own records. This document will release your interest in the vehicle, which can protect you if the vehicle is abandoned some time in the future, as the person responsible for towing and impound fees is the last listed owner. It also voids your liability in the event the new owner doesn't comply with state laws and does not register the car in their name.
When to Use NV's Bill of Sale
All Sales Transactions
While a bill of sale might not always be required, the DMV does suggest that a bill of sale be completed for all vehicle transactions.
NOTE: Vehicle sales transactions do require transfer of ownership on the title. A bill of sale alone will not constitute a legal sales transaction.
A Nevada bill of sale is required when the seller in a private party sale does not have the title for a vehicle previously titled in Nevada. The vehicle must also:
- Be more than 9 model years old. AND
- Have no liens or the owner has a lien release.
If these conditions are met, the owner must file an Application for Duplicate Nevada Certificate of Title (Form VP012) and a Bill of Sale (Form VP104) to transfer ownership.
Vehicles from Out-of-State
Nevada does require a bill of sale or invoice when attempting to register an out-of-state vehicle in the Silver State. If you're planning on moving to Nevada and your state does not require or provide a bill of sale, you can use our free printable bill of sale form.
Why Use a Bill of Sale?
Even if your transaction does not legally require one, a bill of sale is a good way to record your sale or purchase for tax purposes, to use as a receipt in your files (which could be helpful if you move to a state requiring a bill of sale), or to protect against future legal issues. A bill of sale includes information about the transaction, such as:
- A vehicle description and vehicle identification number (VIN).
- Names of the buyer and seller.
- Contact information for the buyer and seller.
- The vehicle's final sale price.
- The location where you bought or sold the vehicle.