The Utah vehicle bill of sale (Form TC-843) is an optional document that nevertheless gives additional security guarantees to the participants of a private vehicle sale in Utah. Utah laws do not require the parties of a private deal to complete and notarize a bill of sale template, but its use is highly recommended for tracking the chain of the vehicle’s ownership, to identify the vehicle’s condition and mileage at the time of sale, and to determine its technical characteristics (e.g., make, model, VIN, year of manufacture). The bill of sale form is signed by both parties, thus serving as legal evidence of the date of sale and ownership transfer. Thus, if any issues arise with the vehicle after the moment of sale before the new owner manages to register it, the bill of sale serves as legal proof of the actual ownership status.
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Those who purchase a used vehicle in Utah need to register it to operate on Utah roads. If the purchase was made at the dealer’s office, then the dealer should undertake all the registration hassle. Buying a vehicle in a private sale requires the new owner to come to a local UT DMV office and file the registration documents as follows:
It’s noteworthy that though the Utah DMV provides a special form for a bill of sale, it still should not be regarded as documentary evidence of ownership. The bill of sale should always be accompanied by a certificate of title. In such a case, the deal may be regarded as legally complete.
All new owners of vehicles in Utah should pay the 7.25% tax calculated based on the vehicle’s official price indicated in the bill of sale. Other fees associated with the motor vehicle’s acquisition include a registration fee ($150 for cars under 3 years old, $110 for cars 3-6 years old, $90 – for vehicles 6-9 years old, $50 – for vehicles older than 9 years), a title fee ($6), and plate fees ($2.50).
The instructions listed below are based upon our custom bill of sale form. We strongly suggest using the local official version whenever possible.
Step 1: Indicate the bill of sale creation date.
Step 2: Type in the information of all parties (seller and buyer):
Step 3: Enter the information concerning the motor vehicle that you’re trying to sell:
Step 4: Pick the way in which the buyer will pay for the car and for how much.
Enter the sale date and state the entire price that has to be paid for the vehicle. Once that is performed, you need to mark the way of purchase:
The next step is deciding on the form of payment:
The final thing to complete within this part is to determine whether or not all applicable taxes are included in the purchase price.
Step 5: Read the miscellaneous provisions.
These typically state that the purchaser obtains the object sold in “as-is” condition and is liable for it once the purchase is completed.
Step 6: Sign the form.
The consumer’s signature is generally not necessary. Nevertheless, you will be more protected from legal problems if both sides sign the document. You can additionally have one or several witnesses confirm the transaction.
Step 7: Notarize the form
Even though notarization is almost never necessary, it can serve as an additional way to guard against legal difficulties.
In lots of states, a bill of sale might be requested in the course of title change, so the purchaser needs to keep the original. There are two ways here: you need to either complete and sign two identical bills of sale or get a copy for the seller to store.