Ownership transfer of trailers requires some paperwork. An Arkansas trailer bill of sale may be one of the essential documents used not only to prove ownership but also for the registration of the vehicle as required by state law. Find out in which cases the bill of sale is essential. And remember about the specifics of the document (what an “as-is” condition is, how to use a trade-in option, etc.). Our comprehensive guide will help you with that – https://formspal.com/bill-of-sale-templates/.
Arkansas bill of sale forms – this particular section will allow you to read additional information on other bills of sale you can use in Arkansas.
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Yes, you are required to register a trailer. This procedure can be done within 30 days after the purchase. Transfers of ownership, registration, licensing, and other actions with a trailer are regulated by Arkansas Code.
There are two options to register your vehicle that you can use in Arkansas:
Please note that online registration is available only for motorized vehicles, such as cars and motorcycles. After the registration of your vehicle, you will need to obtain a license and pay taxes for it. You will not have to title your trailer because it is required only for motorized vehicles. In case of selling your trailer, it is recommended to notify the Arkansas Department of Motor Vehicle (DMV) about such a transaction.
An Arkansas trailer bill of sale plays an important role in transferring ownership of a used trailer in the state. This way, both the seller and the buyer obtain essential guarantees. To register your trailer, you will need to prove that you are its new owner.
In this case, different documents can be used, such as:
All in all, you must provide enough documents proving that you are the current owner of the trailer and what this vehicle is. In case you are buying a trailer from another individual, you can use the bill of sale form that has been designed specifically for the state. It is available in PDF printable format. You can quickly fill out this free template by clicking on the field you need and entering the required information. The document must be signed by the two parties of the transaction. Each of the parties is supposed to keep a copy of this document. The buyer will then use it to register the trailer and undergo other procedures required to operate the vehicle on US roads.
|Document Name||Arkansas Trailer Bill of Sale Form|
|Other Name||Arkansas Utility Trailer Bill of Sale|
|Relevant Link||Arkansas Department of Finance and Administration|
|Avg. Time to Fill Out||8 minutes|
|# of Fillable Fields||57|
|Available Formats||Adobe PDF|
Below, you can take a look at the guidelines compiled by using the Arkansas trailer bill of sale created by our specialists. However, if there is a document available from your local authorities, it is advised to choose it during the transaction.
Step 1: Specify the document’s creation date.
Step 2: Type in the particulars of both sides (seller and buyer):
Step 3: Fill in the detailed information regarding the trailer that you’re trying to sell:
Step 4: Now, you will need to choose how you will receive money for the trailer.
This stage also involves specifying the date of the purchase and the overall amount approved by both sides of the deal. Then, pick one selling method:
Then, indicate how the buyer is going to pay:
The final thing to complete within this part would be to select whether all applicable taxes are included in the final cost.
Step 5: Look at standard provisions and confirm that both sides understand them.
The “as-is” provision indicates that the seller provides no warranties and is not liable for repairs after the transaction.
Step 6: Now, the document must be signed.
In most states, the signature of the purchaser is not needed. Yet, it’s recommended to get the document signed by both parties. You can also have one or several witnesses confirm the deal.
Step 7: Have a notary public attest the form
Using this method, you will get more legal protection. Nevertheless, this step is generally completely optional.
The purchaser should get the original bill of sale since it’s commonly necessary for the title change. There are two approaches here: you need to either fill out and sign two identical bills of sale or get a duplicate for the seller to store.