Arizona law does not require you to complete a sale document when transferring ownership of any belonging aside from a watercraft. It is, nonetheless, a good idea to prepare one. It can be used as a receipt, evidence that you are the legal owner of the specified thing, or proof that you are no longer accountable for the listed item.
The agreement is designed for the purchaser's and vendor's benefit and safeguard, and it's their choice to choose if they want such protection.
The state does not give any legally sanctioned documents other than Form 48-2004, automobile sale document, and Form 678, watercraft sale documentation.
You can download and fill out one of the current forms.
It's quite beneficial because you may tailor a document to match your specific needs and add whatever information you want.
When creating your custom form, make sure to include the necessary information:
Names and locations of both the vendor and the purchaser;
A section stating whether the buyer accepts the property "as is" or if the vendor gives a guarantee. This knowledge is crucial in Arizona.
The information about the shift of ownership of an item can be used to recognize it. For example, if you're selling a laptop, provide the model, production company, dimension, and serial number, as well as the amount you paid for it.
Provide the item's value in both words and numbers,
As well as the effective date of the sale slip.
In the aforementioned list, just the most basic information is presented.
If there are any problems, properly approving the document assures that the authorities will accept it as proof of ownership. To be acceptable, the Arizona General Bill of Sale must be signed by both the purchaser and the vendor in the company of a notary public. Once the notary completes the "acknowledgment" section, the document is verified.