Introduction to Utah Bill of Sale
It is crucial to complete a Utah Bill of Sale Form when selling or buying a vehicle in the State of Utah. For sellers, a Utah DMV Bill of Sales serves as proof that the title to a vehicle has been legally transferred. On the other hand, for the buyer, the Utah DMV Bill of Sale acts as a receipt and shows the vehicle’s purchase price for several purposes, such as sales tax.
What is Utah Bill of Sale?
Utah Bill of Sale is a legally recognizable document that serves as proof of transfer of ownership of properties such as vehicles. It is legally binding on both the seller and the buyer.
What are the Requirements for Utah Bill of Sale?
- The following forms are required to submit to a DMV Office Location.
- The title that has been signed over to you as the buyer
- Bill of sale
- You will need your Utah Driver’s license.
- Proof of Utah auto insurance is required.
- Certification of safety (if applicable)
- Payment for the $6 temporary permit fee. You should also be prepared to pay all other registration and title fees at the point of registration.
How to Register a Vehicle in Utah
- A title signed over to you
- A bill of sale
- Photo ID
- Proof of residency that matches your ID
- Proof of insurance
- Odometer Disclosure Statement (VSA-5)
- Inspection Certificate
- You should be prepared to pay all titling and registration fees.
As a Seller:
- Remove the license plates from the vehicle. You can also choose to transfer it to other vehicles of yours. If you do not do any of the two, you are liable for traffic or parking violation from your vehicle while.
- Provide the buyer with the signed title, registration certificate, and current safety emission certificates. After the sale, the buyer can obtain a temporary permit from the state’s DMV office in the area by presenting the signed title, picture and identification, proof of insurance, and paying all required fees.
- You need to notify the state’s DMV in writing that your vehicle has sold or donate or gifted. The notification must include information such as the vehicle year, model, make, VIN, and owner’s signature. You don’t have to visit their office as you can fax or mail the notification to them.
NOTE: The state of Utah law requires a seller of a vehicle to provide, within 48 hours, a title of the sale. An excellent approach is to obtain a title at the time of purchase or delay payment for the vehicle until the seller can provide the title. This is because, without a negotiable title, you cannot register and title the vehicle in your name.
As a Buyer:
A negotiable title is a title that belongs to the vehicle to be purchased. You need to check the model, make and compare the VIN against the VIN on the vehicle. You have to also make sure the seller has appropriately signed off the title. Observe if the title is in more than one person’s name; if so, they all need to sign. For example, if the title uses “AND” as the conjunction, then you need to get both their signatures on the title. But if the title states “OR” in between their names, then just one of their signature is enough.
In a situation whereby the title is lost, the seller and the buyer can fill out this form. With this document appropriately completed, it can be used to register the vehicle in the buyer’s name.
You must also have a completed form, for the Odometer Disclosure Statement filled out and signed by the seller or owner of the vehicle and the buyer. Although, if the vehicle is ten years old or more, the Federal Odometer Disclosure Statement is not required.
How to Write Utah Bill of Sale
- Name of the buyer and seller
- Address and signature of the buyer and seller
- A complete vehicle description which includes the VIN
- Description of trade-in (if any)
- Purchase price of the vehicle
- Trade-in allowance (if applicable)
- Net purchase price.
Ensure to complete a Utah Bill of Sale each time you sell or buy a vehicle in the state of Utah. Keeping a copy of Bill of Sale serves as proof that the vehicle no longer belongs to you (for sellers), which means you are no longer responsible for the vehicle. For a buyer it is proof enough that you actually bought the vehicle.