Security and proof are a must when you are selling or buying any costly possession.įor security purposes, people are recommended to make their transactions through a bill of sale so that any kind of fraud can be avoided with legal documents. It provides complete security and legal proof in the form of documents and acts as a witness if any trouble pops out in the future. As some people might not know, a bill of sale is very useful if you want to make your transactions secure. Golf Cart Bill of Sale Templateīelow is our generic Golf Cart Bill of Sale Template that can be used for any state.If you are thinking of selling or purchasing your possessions, you must do it with a bill of sale. An agreement to split the funds from a bank robbery would be void as it violates public policy. Persons under duress may also not be consider competent.Ĭan’t Break The Law – Generally, a valid contract can’t break the law. It can also be sometimes extended (based on your jurisdiction) to persons under the influence of alcohol or drugs. Typically this prevents child or persons with mental handicaps from entering in a contract that they may not understand. An effective bill of sale will include a clear itemization of the sale price using both numeric and written dollar amounts.Ĭompetent Parties – Both parties entering in the agreement must be of sound mind and body. You want a Golf Cart Bill of Sale that clearly spells out the year, make, model, mileage, condition and description of the vehicle.Īn Exchange of Funds – In exchange for the Golf Cart, money is typically given to the seller. Ambiguity will only make it more difficult when determining whether a contract is valid. The Offer – There must be a clear offer made by the seller which the buyer is accepting. Registering the vehicle will require both the title be signed and also a bill of sale documenting the purchase agreement. It is also crucial when registering the vehicle. If the seller or buyers information is not clear, a judge may have difficultly interpreting who owns the Golf Cart. This includes:Ĭlear Buyer and Seller Information – If contested, a court will generally look to the title and the bill of sale for determining ownership. When deciding on which Golf Cart Bill of Sale it is critical to look for certain criteria in the document itself, to be sure it is valid and binding. If a title does not exist, it is a good practice to check with your local police department to ensure the vehicle hasn’t been reported as stolen. to be able to register the vehicle in the future. In this scenario, be sure to get the original C.O. In this scenario, there will be no way to document ownership of the car other than a bill of sale. If the Golf Cart was purchased in a state that did not require the vehicle be titled, and only a Certificate of Origin was available, then the vehicle will likely have no registered owner with the state. The owner can apply for a replacement title with the state, but this is unfortunately very uncommon. If the owner has the title but never applies for registration, the title is often misplaced or lost.
#Bill of sale template illinois registration
You will need this to apply for registration if a title is not available. Depending on the state, the original purchase of the Golf Cart may not have had a title but would have come with a Certificate of Origin (CO). That is usually caused by one of two scenarios. It is very common when purchasing a Golf Cart from a private seller that the title is not available. This will help both the buyer and seller avoid legal issues down the road with claims against ownership or injuries/damage resulting from the use of the Golf Cart. In addition to the signed title, we suggest the buyer also secure a valid Golf Cart Bill of Sale document which stipulates the details including the mileage, engine hours, and general condition of the Golf Cart. Once the title is transferred, the new owner has the option to register the vehicle if their state law allows/requires it. This acknowledges the transfer of ownership and acts as a legal document for ownership going forward. Typically when a Golf Cart transaction takes place, the seller signs over the title to the buyer.