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Bill of Sale of Motor Vehicle by Documatica Legal Forms Inc. C U M EN David Lloyd Palmer of 489 Burt St. Piti Guam 48305 T Between the Seller D O - And - SA PL E Christina Pauline James of 39-495 Evergreen Cres. 29503 the Purchaser Background Whereas the parties lawfully reside in the Territory of Guam Whereas the movable property is located in the Territory of Guam The parties wish to enter into a transaction for the sale of a motor vehicle the Motor Vehicle and have agreed to the following...
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How to fill out guam vehicle bill of sale pdf form

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How to fill out a bill of sale:

01
Start by writing the date of the sale at the top of the document.
02
Include the full legal name, address, and contact information of the seller.
03
Include the full legal name, address, and contact information of the buyer.
04
Provide a detailed description of the item being sold, including its make, model, year, and any unique features.
05
Include the agreed-upon purchase price of the item.
06
Specify the payment method and any terms or conditions of the sale.
07
Both the seller and the buyer should sign and date the bill of sale to make it legally binding.

Who needs a bill of sale:

01
Individuals who are buying or selling a vehicle, such as a car, motorcycle, or boat, may need a bill of sale to document the transaction.
02
Businesses that are selling or purchasing equipment, furniture, or other assets may also require a bill of sale to keep a record of the transaction.
03
Individuals engaging in private sales of valuable items, such as jewelry, electronics, or artwork, may find it beneficial to use a bill of sale to protect their rights and provide proof of ownership.

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Instructions and Help about filliable car bill of sale guam

When selling anything you will be required to provide the buyer with a bill of sale form which is used to substantiate the transaction the bill of sale form should be kept for your records in many cases you will be required to include this in your tax documentation oftentimes Bills of sale are available through your local government department that handles cars trucks boats or whatever vehicle you have chosen to sell in this case we will be addressing how to fill out a bill of sale form for the sale of a car so let's get started with this guide to filling out a bill of sale form first you should be able to obtain information with regard to the car that you are selling the following information is vital to the completion of a bill of sale this is what you'll need the vehicle identification number or VIN number can be obtained upon review of the cars title as well as on the vehicle itself typically the VI n number can be found at the base of the lower right-hand corner of the windshield the model make manufacturer and the year of the car are necessary to include in the bill of sale this can be found on the title or the registration belonging to the vehicle in the event that you are selling a motorcycle you will be required to include the engine number this can be located on the engine of the motorcycle a reading of the mileage must be provided this number can be found under the base of the needle on the odometer in many cars this is the same compartment as the gauge for reading miles per hour include your name as well as the name of the buyer or buyers in addition include the date of the sale which includes the month day and year include the buyers contact information in addition to any other information upon which both the seller and buyer can agree is pertinent you will also be required to list the total purchase price of the car in the event that the bill of sale is used with regard to a gift a dollar amount will still be required finally duplicate the bill of sale and retain a record for yourself while giving one to the buyer to watch more videos please make sure to visit laws calm

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People Also Ask about motor vehicle bill of sale

The family member will have to complete the driver's license application form, have their picture taken, and pay a fee of $25.00 for a valid Guam driver's license.
What is the Guam Sales Tax for Buying a Car? There is no sales tax on Guam. However, there is a Gross Receipt Tax embedded in all sales transactions on Guam ing to 11 GCA (Guam Code Annotated) Chapter 26 “Business Privilege Tax”.
Apart from any back duty fees owed or having to remove a bank lien, the cost associated with a transfer of vehicle ownership is minimal fee of CI$25.00. You can choose to purchase new registration plates for your vehicle; a fee of CI$75.00 will be charged along with CI$400.00, the cost of a new coupon.
What You Need A valid MyGuamTax account. A vehicle registration that will be expiring within one month. Current insurance policy with a participating insurance company* A "Passed" vehicle safety inspection from a participating inspection station* A valid Visa, MasterCard, Discover, or American Express card for payment.
Fees are based on weight and capacity. The registration fee for a mid-size sedan averages about $120.00. Fees for pick-up trucks will be slightly higher due to the capacity and weight of the vehicle. Guam law requires a safety inspection of your vehicle on an annual basis.
Current insurance policy with a participating insurance company. A "Passed" vehicle safety inspection from a participating inspection station. A valid Visa, MasterCard, Discover, or American Express card for payment.
THE DESCRIBED PROPERTY IS SOLD "AS-IS" WITHOUT ANY WARRANTIES, EXPRESS OR IMPLIED, AS TO THE CONDITION OF SUCH PROPERTY . BY ACCEPTING THIS BILL OF SALE, BUYER(S) REPRESENT THAT BUYER(S) HAVE PERSONALLY INSPECTED THE DESCRIBED PROPERTY AND ACCEPTS THE PROPERTY "AS-IS".

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A bill of sale in Guam is a legal document that transfers ownership of personal property from one party to another.
Typically, the seller is required to provide and file the bill of sale in Guam to document the sale transaction.
To fill out a bill of sale in Guam, include the names and addresses of both the buyer and seller, a description of the property being sold, the sale price, and the date of the transaction.
The purpose of a bill of sale in Guam is to provide legal proof of the transfer of ownership of goods and to protect the rights of both the buyer and seller.
Required information on a bill of sale in Guam includes the names and addresses of the parties involved, a detailed description of the property, the purchase price, and the date of the transaction.
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