Bill of Sale

AUTHORITY:

Tenn. Code Ann. Sections 55-3-103(4)(c), 55-3-104(b), 55-3-118(b), 55-3-120(a), and

55-3-122(b), Tennessee Department of Revenue Rule 1320 -08-13

DESCRIPTION:

A notarized bill of sale may be used in the following manner:

  • To establish the transfer of ownership from the seller to the purchaser when the outstanding certificate of title is being held by a lienholder
  • To support an application for title and registration lacking proper documentation, such as the current certificate of title
  • As supporting documentation for a foreign vehicle that is registered in a jurisdiction that does not have a certificate of title law

REQUIREMENTS:

Bill of sale must be notarized

  • When the seller is transferring ownership but awaiting the delivery of the title, being held by the lienholder; the bill of sale must show the lienholder’s name and address, and must be notarized
  • When a foreign vehicle is registered in a jurisdiction that does not have a certificate of title law, the department shall accept only a notarized bill of sale, and the proper foreign registration as the evidence of title
  • If the foreign registration is dated less than ninety (90) days prior to application for a certificate of title, there shall be, in addition the next past bill of sale showing ownership to have been transferred to the party seeking to sell the same, or that party’s representative

RELATED TOPICS:

CERTIFICATION OF OWNERSHIP

TRANSFER OF OWNERSHIP

SURETY BONDS

TEMPORARY OPERATION PERMIT

TRANSACTION TYPES

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