Bill of Sale Requirements in Rhode Island
Bill of Sale in RI
When buying or selling a car in a private party sale in Rhode Island, you must complete and sign a Bill of Sale. This is especially imperative from a buyer's standpoint, since the form is needed for titling and registration purposes at the Rhode Island Division of Motor Vehicles.
A bill of sale is a document commemorating a sale of property between two people. Commonly, it is used to record the sale of a car from one person to another. Beyond state requirements, it's handy for tax purposes, and can protect the seller in the event that the buyer fails to register the vehicle or abandons it at a later date.
Rhode Island Bill of Sale Basics
Although a bill of sale may look complicated, it's not difficult to complete the form if you include the following:
- The vehicle's:
- Vehicle identification number (VIN).
- Odometer reading.
- The purchase price.
- The buyer and seller's:
Generic Bill of Sale
To assist you in finding a form to use for Rhode Island, we provide a generic bill of sale form.