When you buy or sell a vehicle, you must complete a Bill of Sale. This serves as a legal contract between the buyer and the seller documenting the change in ownership. A Bill of Sale provides evidence that a transaction between the buyer and seller has taken place and that the odometer reading has been declared by the vehicle’s seller and acknowledged by the vehicle’s purchaser. The State of Georgia has some legal specific requirements about what a Bill of Sale must contain.
The following information should generally appear on the Georgia Bill of Sale Form:
– Name of the seller and complete address of the seller – a P.O. box is not acceptable!
– Name of the buyer and complete address of the buyer – a P.O. box is not acceptable!
– Complete vehicle description, including Vehicle Identification Number (VIN), make, model, year, series number and body type.
– Vehicle odometer reading at the time of sale.
– Lienholder created at time of resale.
– Date of lien, if applicable.
– Date of sale.
– Signature of the seller and the buyer.
The Georgia Motor Vehicle Division (MVD) offers an online, printable Bill of Sale Form T-7. You will need a Bill of Sale Form to get a Georgia title and registration and to apply for a license plate. You cannot use a Bill of Sale to transfer the ownership without a Georgia title, unless your vehicle does not require a title and in this case you should use an original Form T-22B Certification of Inspection.
Ten-model (10) years old and older vehicles are exempt from odometer disclosure requirements. If a vehicle is ten-model (10) years old or older, the seller/transferor may enter the word “exempt” in the space provided for the odometer reading in the Bill of Sale Form.
In the situation of an odometer discrepancy the seller/transferor and the purchaser/transferee may use this form to execute statements of facts when there is an odometer discrepancy reflected on documents pertaining to the transfer of ownership of a vehicle: Odometer Discrepancy Affidavit – Form T-107.
As a seller you should give the vehicle title to the buyer. The title is required to complete the registration. Make sure all information matches, including the vehicle identification number and odometer reading.
As a buyer you should never leave without the vehicle title after the transaction. The buyer should verify if the vehicle description is accurate and check the make, model, year, body style and color. The buyer should check also that the odometer reading and VIN are the same on the vehicle as recorded on the title.
For more information go to Georgia Department of Revenue – The Motor Vehicle Division
The Department of Revenue was created in 1938 and is the principal tax-collecting agency for the State of Georgia. In addition to administering tax laws, the department is responsible for enforcing laws and regulations pertaining motor vehicle tag and title administration.