What is an Arkansas Bill of Sale?

A bill of sale is a legal document that acts as a record for all of the relevant information regarding the sale of a vehicle, and it is important for the legal protection of both the buyer and the seller. Transferring ownership from the seller to the purchaser is outlined and verified in an Arkansas motor vehicle bill of sale. The necessary information to include may vary between states; however, for a generic bill of sale you will need general information regarding the vehicle and both parties involved. It is, of course, also imperative that you include any additional specifics that your state may require.

The DMV bill of sale is typically provided by the seller, the individual or the dealership with legal ownership of the vehicle, although the buyer could provide this document as well. It’s important to note that this document will not appropriately act as a substitute for the car title. It will however, serve as a receipt, and may be required to obtain the registration and Certificate of Title for your vehicle, as well as financing. Sales tax in your state may be based on the vehicle assessment contained within the bill of sale.

Is a Motor Vehicle Bill of Sale Necessary in Arkansas?

Arkansas does require a motor vehicle bill of sale in order to acquire both the Certificate of Title and registration of a newly purchased vehicle. By including details of the transaction in a bill of sale, you are legally verifying that the sale took place, while protecting the rights of both the seller and the buyer.

AR DMV Bill of Sale Information

Whether you are purchasing or selling a vehicle, it is in your best interest to ensure the following is included in your complete DMV bill of sale:

  • Contact information (address and current phone number) for the seller and purchaser
  • The amount of the sale
  • The mileage of the vehicle
  • Verified Vehicle Identification Number (VIN)
  • Vehicle information such as make, model, body type, series number and year
  • The transaction date
  • Signatures of both the seller and purchaser
After completing the document, you should take your AR bill of sale to a notary public for confirmation of the dates and signatures on your legal document.