Virginia DMV Bill of Sale

The Virginia DMV bill of sale is a legal document that ensures that the trade which is being executed is legit trade. The DMV bill of sale provides you with information about the buyer, the seller, and the vehicle that is being traded. Every state in the United States of America uses their individual bill of sale format. Some states may require a notarized bill of sale. Let’s move further and see how to use the DMV bill of sale. 

Bill of Sale For Virginia

Virginia DMV Bill of SaleThe DMV bill of sale comes into action when a trade is being carried out between two individual entities. However, the bill of sale is used as a sales slip in the trade and it ensures both the individuals that the trade is legit. DMV bill of sale requires notarization as it also provides information about the buyer and the seller. In addition, you will have to attach the Odometer disclosure statement (VSA-5) to the  Virginia DMV bill of sale as the federal law asks to.

How To Write A Bill of Sale

Step 1 – Seller and Buyer Details 

  • Enter Seller’s Name
  • Seller’s  Driver’s License Number
  • Seller’s  Physical Address
  • City
  • State
  • Zip Code
  • AND
  • Enter Buyer’s Name
  • Buyer’s Driver’s License Number
  • Buyer’s Physical Address
  • City
  • State
  • Zip Code

Step 2 – Vehicle Information

  • Make
  • Type
  • Model
  • Year
  • Vehicle Identification Number (VIN)
  • Color
  • Odometer Reading 
  • Will the Title be included with the sale? (Check Yes or No)

Step 3 – Trading Price – Check the box whichever is relevant and add information if required

  • Check the box if the seller agrees to monetary payment. Write the Price in words
  • Provide the amount in a number 
  • Write the date of the payment in mm/dd/yyyy format
  • Write the date in which the trade took place and from when the Virginia DMV bill of sale is known mm/dd/yyyy format
  • If the entities have agreed to the late payment then enter the date of the payment. mm/dd/yyyy format 
  • If any specific conditions are there in the trade then you have to specify that briefly in the given space.
  • Check the box if the seller is providing the vehicle as a gift to the other individual (Buyer).

Step 4 – Seller’s Agreement – If the seller has agreed to the Virginia DMV bill of sale then he/she must provide a signature after reading the form carefully and providing the defect in the vehicle (If any).

  • If the vehicle has any defect or damage then the seller must provide complete information in the DMV bill of sale in detail and the seller should ensure it by providing the signature.

Step 5 – Signatures  – DMV bill of sale requires Notarization all the signatories should provide the signature in presence of the notary public.

  • Seller’s Signature
  • Seller’s Printed Name
  • Buyer’s Signature
  • Buyer’sPrinted Name
  • The Witness – 
  • Signature
  • Printed Name

Step 6 – Notarization – Once all the signatories have signed the DMV bill of sale then the notary public will verify the trade if the trade is legal then they will affix the state seal on the form. 

  • Therefore, make a copy of the Virginia DMV bill of sale form and provide the copy to the seller and witnesses. The buyer keeps the original form. 

How To Use The Bill Of Sale At Virginia DMV?

Once the Virginia DMV bill of sale is notarized then you can attach the form with the registration application and submit it to the local DMV of Virginia. If you live in a remote area then you can check their official website to register the vehicle. If you have purchased a vehicle from an individual then you have to register the vehicle on your own and by going to the DMV office. 

New Vehicle Registration In Virginia 

If you want to operate the vehicle on the roads then you have to register the vehicle. If you want to register the vehicle then you must be a resident of Virginia State. However, you can register the vehicle by going to your local DMV office. If you have purchased the vehicle from a dealer then generally the dealer submits all the documents including the Virginia DMV bill of sale in your local Department of Motor Vehicle offices. However, the Virginia state allows you to operate on the same day you register the vehicle in the office. 

Renewal Of Vehicle Registration In Virginia 

If your title has expired then you must go to your local DMV office to renew the title of the vehicle. If you don’t know the expiry date then you can see it on the backside of the title. However, you might see the expiry date you will have to renew the title within 10 days of expiry. In conclusion, you can check the official website to complete the renewal process online.

Necessary Documentation For Virginia DMV

  • Title of the Vehicle 
  • Virginia DMV Bill of Sale 
  • Photo ID 
  • State ID Proof
  • Current Insurance Details 
  • Safety Certificate 
  • Fees for Registration Process

Frequently Asked Questions

1. Does Virginia DMV require a bill of sale?

No, the Virginia DMV bill of sale is, not a necessary document. Although you should fill the bill of sale form as it works as a sales slip and including this you must fill the form SUT 1 so that you have the solid proof of the trade.

2. Does a bill of sale need to be notarized in Virginia?

No, Virginia DMV bill of sale does not need to be notarized. As you can directly attach the bill of sale in fil of registering the vehicle.

3. What is the sales tax in Virginia?

If you have purchased a vehicle then you must register the vehicle and while registering the vehicle you must have to pay the sales tax approx 4% it depends on the vehicle’s price and age.

Wrap up

In Conclusion, we hope that this article was informative to you and you got all the answers. If you find this article helpful then do leave us feedback in the comment below. Here we have discussed the Virginia DMV bill of sale and how to write the bill of sale, why it is used. So if you have any other questions then do leave your question in the comment section below. We will get back to you as soon as possible. If you are staying in the state of Texas then the texas DMV bill of sale is also provided which can be helpful so have a look there.