If you’re looking to transfer ownership of a vehicle, boat, or other personal property in Arkansas, you’ll need to complete a bill of sale form. Here’s a step-by-step guide on how to fill out the Arkansas bill of sale form:
Step 1: Download and print the form
The Arkansas bill of sale form can be found on the Department of Finance and Administration’s website. You can also get a copy of the form from your local DMV office.
Step 2: Fill out the seller and buyer information
In the first section of the form, you’ll need to provide your name, address, and phone number as the seller or buyer. Make sure to double-check your information for accuracy.
Step 3: Describe the property being sold
The next section of the form requires you to provide a detailed description of the property, including the make, model, year, and any other identifying information.
Step 4: Specify the sale price
You’ll need to indicate the sale price of the property being sold. If there’s a trade-in or promissory note involved, make sure to indicate the value of the property being exchanged.
Step 5: Sign and date the form
Both the seller and buyer must sign and date the form to acknowledge the transfer of ownership.
Step 6: Get the form notarized
The form must be notarized by a licensed notary public. This involves the notary verifying your identities, witnessing your signatures, and affixing their seal to the document.
Step 7: Submit the form
After the form is completed and notarized, make copies for both you and the other party. The original form should be submitted to the Arkansas Department of Finance and Administration, along with any applicable registration or title transfer fees.
By following these steps, you can successfully complete the Arkansas bill of sale form and transfer ownership of a vehicle, boat, or other personal property in a legal and proper manner.