Get Dr 2173 A Form

Get Dr 2173 A Form

The DR 2173 A form is a Bill of Sale for Motor Vehicles, serving as a legal document that facilitates the transfer of ownership from a seller to a buyer. It includes essential details such as the vehicle's identification number, make, model, and the odometer reading at the time of sale. Ensuring accurate completion of this form is crucial for both parties, so take the next step in your vehicle transaction by filling out the form below.

Structure

The DR 2173 A form is an essential document for anyone involved in the sale or purchase of a motor vehicle in the United States. This bill of sale serves multiple purposes, primarily facilitating the transfer of ownership from the seller to the buyer. It captures crucial details such as the vehicle identification number (VIN), year, make, model, and sale date, ensuring that both parties have a clear record of the transaction. The form also includes a vital Odometer Disclosure Statement, which is mandated by federal law. This statement requires the seller to disclose the vehicle's mileage at the time of sale, helping to prevent fraud and protect buyers from misleading information. Additionally, the seller affirms their legal ownership of the vehicle and guarantees that they have the right to sell it, thus offering peace of mind to the buyer. By signing the form, both parties acknowledge the terms of the sale, including the condition of the vehicle being sold "as is." Understanding the significance of the DR 2173 A form can help streamline the buying and selling process, making it a key element in any vehicle transaction.

Dr 2173 A Preview

Bill of Sale for Motor Vehicle

FOR AND IN CONSIDERATION OF $ ____________________, the undersigned Seller grants, sells, transfers, and

conveys to the Buyer, and to Buyer￿s heirs, personal representatives and assigns, the following motor vehicle:

VEHICLE IDENTIFICATION NUMBER (VIN)

YEAR

MAKE

BODY

MODEL

DATE OF SALE

____________________________________

______

____________

__________

____________

_____________

to have and to hold the said motor vehicle forever.

The undersigned Seller covenants with the Buyer that the undersigned Seller is the lawful owner of the motor vehicle; that the undersigned Seller has good right to sell the same and

will warrant and defend the same against the lawful claims and demands of all persons.

This motor vehicle and equipment is sold and accepted as is .

Where used herein, the singular includes the plural.

Odometer Disclosure Statement

Federal law requires that you state the odometer mileage upon transfer of ownership, failure to complete or providing a false statement may result in fines and/or imprisonment.

Current Odometer Reading

TO THE BEST OF MY KNOWLEDGE:

(No Tenths of Miles)

[ ] THE ODOMETER READING IS THE ACTUAL MILEAGE OF THE VEHICLE

 

[ ] THE ODOMETER READING IS IN EXCESS OF ITS MECHANICAL LIMITS.

__________________

[ ] THE ODOMETER READING IS NOT THE ACTUAL MILEAGE ‒

 

WARNING ODOMETER DISCREPANCY

SELLER(S) CERTIFY UNDER PENALTY OF PERJURY THAT THE ABOVE IS TRUE AND CORRECT TO THE BEST OF THEIR KNOWLEDGE. BUYER S SIGNATURE BELOW ACKNOWLEDGES TRANSFER OF OWNERSHIP AND RECEIPT OF ODOMETER STATEMENT.

SELLER/SELLING COMPANY/AGENCY (Please Print)

SELLER/SELLER￿S AGENT HANDPRINTED NAME

____________________________________________

____________________________________________

SELLER/SELLER￿S AGENT SIGNATURE

 

DATE

 

X ____________________________________________

_____________

 

SELLER￿S STREET ADDRESS

CITY

STATE

ZIP

____________________________________

________________________ ____________

__________

BUYER￿S SIGNATURE (1) (REQUIRED)

 

BUYER￿S SIGNATURE (2) (REQUIRED)

X ____________________________________________

X ____________________________________________

BUYER￿S HANDPRINTED NAME (1)

 

BUYER￿S HANDPRINTED NAME (2)

____________________________________________

____________________________________________

BUYER￿S STREET ADDRESS

CITY

STATE

ZIP

____________________________________

________________________ ____________

__________

DR 2173 A

Document Data

Fact Name Description
Purpose The DR 2173 A form serves as a Bill of Sale for motor vehicles, documenting the transfer of ownership from the seller to the buyer.
Odometer Disclosure The form includes an Odometer Disclosure Statement, which requires the seller to provide the current mileage and certifies its accuracy under penalty of perjury.
As-Is Sale The vehicle is sold "as is," meaning the buyer accepts the vehicle in its current condition without warranties from the seller.
Legal Ownership The seller affirms legal ownership of the vehicle and the right to sell it, protecting the buyer against any future claims on the vehicle.
Governing Laws State-specific laws govern the use of the DR 2173 A form, typically including vehicle sale regulations and consumer protection laws.
Signatures Required Both the seller and buyer must sign the form to acknowledge the transfer of ownership and the accuracy of the odometer statement.

How to Use Dr 2173 A

After gathering the necessary information, you can begin filling out the Dr 2173 A form. This form is essential for transferring ownership of a motor vehicle and requires accurate details to ensure a smooth transaction. Follow these steps carefully to complete the form correctly.

  1. Enter the Sale Price: In the designated space, write the total amount in dollars for which the vehicle is being sold.
  2. Fill in Vehicle Information: Provide the Vehicle Identification Number (VIN), year, make, body style, and model of the vehicle in the respective fields.
  3. Specify the Date of Sale: Write the date on which the sale is taking place.
  4. Odometer Disclosure: State the current odometer reading. Ensure you do not include tenths of miles. Check the appropriate box to indicate whether the reading is actual mileage, exceeds mechanical limits, or if there is a discrepancy.
  5. Seller Certification: The seller must sign and date the form, certifying that the information provided is true to the best of their knowledge.
  6. Buyer Acknowledgment: Both buyers must sign the form to acknowledge the transfer of ownership and receipt of the odometer statement.
  7. Print Names: Under each buyer’s signature, print their names clearly. Also, provide the street address, city, state, and zip code for each buyer.
  8. Seller Information: Fill in the seller’s name, address, and any agent’s name if applicable. This includes printing and signing the agent’s name if there is one involved in the transaction.

Key Facts about Dr 2173 A

What is the purpose of the DR 2173 A form?

The DR 2173 A form serves as a Bill of Sale for a motor vehicle. It documents the transfer of ownership from the seller to the buyer. By completing this form, both parties acknowledge the sale and agree on the terms, including the vehicle details and the sale price. It is essential for establishing legal ownership and protecting the rights of both the seller and the buyer.

What information is required on the DR 2173 A form?

To properly complete the DR 2173 A form, you need to provide specific details. This includes the vehicle identification number (VIN), year, make, body type, model, and the date of sale. Additionally, the seller must disclose the current odometer reading and confirm whether it reflects the actual mileage, exceeds mechanical limits, or if there is a discrepancy. Both the seller and buyer must sign the form to validate the transaction.

What are the legal implications of signing the DR 2173 A form?

By signing the DR 2173 A form, both the seller and buyer enter into a legally binding agreement. The seller confirms they are the lawful owner of the vehicle and have the right to sell it. They also warrant that the information provided is true to the best of their knowledge. Buyers should be aware that signing the form acknowledges their acceptance of the vehicle in its current condition, which is typically "as is." Misrepresentations can lead to legal consequences.

How does the odometer disclosure work on the DR 2173 A form?

The odometer disclosure section is a critical component of the DR 2173 A form. Federal law mandates that the seller accurately states the odometer reading at the time of sale. The seller must check the appropriate box to indicate if the mileage is actual, exceeds mechanical limits, or is not accurate. Failing to provide truthful information can result in fines or imprisonment. This disclosure protects both parties by ensuring transparency regarding the vehicle's mileage.

Common mistakes

Filling out the DR 2173 A form can be straightforward, but many people make common mistakes that can lead to issues down the line. One frequent error is leaving the purchase price blank. This amount is crucial for the transaction and must be filled in accurately. Without it, the form may be considered incomplete.

Another common mistake is failing to provide the correct Vehicle Identification Number (VIN). The VIN is unique to each vehicle and must match the vehicle being sold. Double-checking this number can save both the seller and buyer from future complications.

Many individuals overlook the odometer disclosure section. It is essential to state the current odometer reading accurately. Not only is this a legal requirement, but it also protects both parties from potential disputes regarding the vehicle's mileage.

Additionally, some people forget to check the box that corresponds to the odometer reading. Whether it is the actual mileage, exceeds mechanical limits, or has a discrepancy, failing to select the appropriate option can lead to legal repercussions.

Another mistake is neglecting to sign the form. Both the seller and the buyer must provide their signatures. Without these signatures, the document lacks validity and may not be recognized by authorities.

Some individuals also fail to include their handprinted names next to their signatures. This step is crucial for identification purposes and ensures that all parties are clearly documented.

Moreover, it’s important to fill in the date of the sale accurately. This date marks the official transfer of ownership and is essential for record-keeping. Leaving it blank or entering an incorrect date can create confusion later.

Finally, many overlook the need to provide complete address information for both the seller and buyer. This includes street address, city, state, and ZIP code. Incomplete information can hinder communication and may complicate future transactions.

Documents used along the form

The Dr 2173 A form is a crucial document in the sale of a motor vehicle, but it is often accompanied by several other important forms and documents. Each of these documents serves a specific purpose in ensuring a smooth and legal transfer of ownership. Below is a list of some commonly used forms alongside the Dr 2173 A.

  • Bill of Sale: This document serves as a receipt for the transaction, detailing the sale price and the vehicle's identification information. It is essential for both the buyer and seller to have a record of the sale.
  • Odometer Disclosure Statement: Required by federal law, this statement confirms the vehicle's mileage at the time of sale. It protects both parties by ensuring that the odometer reading is accurate and disclosed properly.
  • Title Transfer Application: This form is necessary for officially transferring the title of the vehicle from the seller to the buyer. It includes information about the vehicle and both parties involved in the transaction.
  • Vehicle Registration Application: After purchasing a vehicle, the buyer must register it with the state. This application provides the necessary details to obtain a new registration and license plates.
  • Proof of Insurance: Most states require buyers to provide proof of insurance before registering a vehicle. This document demonstrates that the buyer has adequate coverage for the vehicle.
  • Emission and Safety Inspection Certificates: In many states, vehicles must pass certain inspections before they can be registered. These certificates confirm that the vehicle meets safety and environmental standards.
  • Power of Attorney: If the seller cannot be present to sign the necessary documents, a power of attorney allows another person to act on their behalf in the transaction, ensuring all paperwork is completed legally.

Understanding these additional forms and documents can help streamline the vehicle sale process. Each one plays a vital role in protecting the interests of both the buyer and the seller, ensuring that all legal requirements are met. Being well-informed can lead to a smoother transaction and greater peace of mind for everyone involved.

Similar forms

  • Bill of Sale for Personal Property: Similar to the Dr 2173 A form, this document transfers ownership of personal items, detailing the seller, buyer, and item description.
  • Vehicle Title Transfer Form: This form is used to officially transfer the title of a vehicle from one owner to another, including necessary identification and vehicle details.
  • Odometer Disclosure Statement: Required by federal law, this document confirms the vehicle's mileage at the time of sale, just like the odometer section in the Dr 2173 A form.
  • Purchase Agreement: This contract outlines the terms of the sale, including price and conditions, similar to the agreements made in the Bill of Sale.
  • Affidavit of Ownership: This sworn statement verifies ownership of a vehicle, providing legal assurance similar to the seller's covenant in the Dr 2173 A form.
  • Power of Attorney for Vehicle Transactions: This document allows someone to act on behalf of the seller in vehicle transactions, paralleling the authority granted in the Dr 2173 A form.
  • Release of Liability Form: This form releases the seller from future liabilities related to the vehicle, similar to the "as is" clause in the Dr 2173 A form.
  • Sales Tax Exemption Certificate: This document may be used to claim tax exemptions on vehicle sales, which can be relevant during the sale process described in the Dr 2173 A form.

Dos and Don'ts

When filling out the DR 2173 A form, there are several important guidelines to follow. Below is a list of things you should and shouldn't do to ensure a smooth process.

  • Do double-check the Vehicle Identification Number (VIN) for accuracy.
  • Do clearly print the names of both the seller and the buyer.
  • Do provide the correct odometer reading, ensuring it reflects the actual mileage.
  • Do sign and date the form in the appropriate sections.
  • Don't leave any sections blank; fill out all required fields completely.
  • Don't provide false information regarding the odometer reading.
  • Don't forget to include the sale price in the designated area.
  • Don't overlook the need for both buyer signatures if there are multiple buyers.

Misconceptions

Understanding the DR 2173 A form, which serves as a Bill of Sale for a motor vehicle, is crucial for both buyers and sellers. However, several misconceptions often arise regarding its use and requirements. Here are five common misconceptions:

  • The form is only necessary for private sales. Many believe that the DR 2173 A form is only needed when a vehicle is sold between private individuals. In reality, it is also essential for sales conducted by dealerships or any entity transferring vehicle ownership.
  • Completing the form is optional. Some people think that filling out the DR 2173 A form is merely a suggestion. However, it is a critical document that legally formalizes the sale and protects both parties' interests.
  • The seller is responsible for all post-sale issues. There is a misconception that once the sale is complete, the seller is liable for any problems that arise with the vehicle. In fact, the form includes a clause stating that the vehicle is sold "as is," which means the buyer accepts the vehicle in its current condition.
  • Odometer disclosure is optional. Some individuals mistakenly believe that they can skip the odometer disclosure section. Federal law mandates that sellers provide accurate odometer readings to prevent fraud, making this disclosure a legal requirement.
  • Only one signature is needed from the buyer. It is often thought that only one buyer’s signature is necessary on the form. However, if there are multiple buyers, all must sign to acknowledge the transfer of ownership.

By clarifying these misconceptions, individuals can navigate the process of vehicle sales more effectively and ensure compliance with legal requirements.

Key takeaways

The DR 2173 A form serves as a Bill of Sale for motor vehicles, and it is essential for both sellers and buyers to understand its components and requirements. Here are key takeaways to consider:

  • Accurate Information: Ensure that all vehicle details, including the Vehicle Identification Number (VIN), year, make, and model, are filled out correctly. Mistakes can lead to complications in ownership transfer.
  • Odometer Disclosure: Federal law mandates that the current odometer reading be accurately reported. Failing to do so may result in legal penalties.
  • As-Is Condition: The form states that the vehicle is sold "as is." This means the buyer accepts the vehicle in its current state, without any guarantees from the seller regarding its condition.
  • Seller's Warranty: The seller confirms they are the lawful owner and have the right to sell the vehicle. This assurance protects the buyer against claims from previous owners.
  • Signatures Required: Both the seller and buyer must sign the form to acknowledge the transfer of ownership. Missing signatures can invalidate the document.
  • Handwritten Names: Each party must also print their names clearly under their signatures. This step ensures clarity and reduces the risk of disputes.
  • Address Information: Complete addresses for both the seller and buyer are required. This information is crucial for record-keeping and future correspondence.
  • Record Keeping: Keep a copy of the completed form for your records. This document serves as proof of the transaction and may be needed for future reference.