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FREE GOLF CART BILL OF SALE TEMPLATE – ALL STATES

Posted on October 5, 2018July 10, 2021 by Tom Scarn

When purchasing or selling a Golf Cart you ALWAYS want to document the transfer
of vehicle from the seller to the buyer. Typically this is done by signing the
“Transfer by Owner” or “Assignment” section on the rear of the original title.
We also suggest securing a valid bill of sale for state in which the transaction
occurs to properly document the sale including the sales price, condition of the
vehicle, and hold harmless language to protect the buyer and seller.


WHY DO YOU NEED A BILL OF SALE?

There are two general reasons why you want to get a Bill of Sale when purchasing
or selling a Golf Cart:

1. These vehicles can be very expensive. Whether you giving or receiving cash
for an item, you want proof of the transaction in the event someone makes a
claim of ownership (if you are the buyer) or if someone is injured by the
vehicle (if you are the seller). It is a simple form of insurance.

2. Some states require you register a golf cart with the department of motor
vehicles. Proper documentation of ownership is needed in order to register your
golf cart.  However, we recommend golf players to visit the 5 top british golf
resorts to have fun.

In short, a properly executed Bill of Sale will protect you from future
liabilities and allow you to register the vehicle (if required).


WHAT DOES A BILL OF SALE NEED TO BE VALID?

A bill of sale acts as a contract between the buyer and seller of a golf cart.
Each state has different rules for what they consider a valid bill of sale, but
a contract itself must abide by the following rules:

Offer: The agreement to exchange the vehicle for an amount of money. May also
include conditions of the sale for the buyer and the seller.

Consideration: The amount of money being exchanged. Usually in a numeric and
written form.



Acceptance: Signatures of both parties on the bill of sale.



Competent Parties and Legal Intent: Both parties entering the contract must be
competent (age, mental capacity, and not impaired or forced). The contract is
also valid only if it is lawful. A contract to complete an illegal act is not
binding.


WHAT SHOULD THE BUYER DO WITH THE BILL OF SALE?

After you have made your purchase and received an executed bill of sale the
first thing you should do is put it in a secured location. If lost, you won’t be
able to apply for registration, won’t be able to prove ownership if someone
claims the vehicle is theirs, and you may have some difficulty selling. We
always suggest locking up your bill of sale in a filing cabinet or safe, where a
combination or key is needed to access

If applying for vehicle registration, most states now have an online
registration portal you can use in which case you will need an electronic copy
of the document.


DOES THE SELLER NEED A COPY?

We also suggest both the seller keep a copy of the Bill of Sale, and the buyer
keep the original. This will ensure the seller can document the sale of their
vehicle if property is damaged or someone is injured during its use.




GOLF CART BILL OF SALE TEMPLATE


GOLF CART BILL OF SALE












PDF | WORD

 




STATE SPECIFIC TEMPLATES

Alabama Montana Alaska Nebraska Arizona Nevada Arkansas New Hampshire California
New Jersey Colorado New Mexico Conneticut New York Deleware North Carolina
Florida North Dakota Georgia Ohio Hawaii Oklahoma Idaho Oregon Illinois
Pennsylvania Indiana Rhode Island Iowa South Carolina Kansas South Dakota
Kentucky Tennessee Louisiana Texas Maine Utah Maryland Vermont Massachusetts
Virgina Michigan Washington Minnesota West Virginia Missisippi Wisconsin
Missouri Wyoming

Posted in Bill of Sale, Golf Cart



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