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.
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.
Bill of Sale for Motor Vehicle
FOR AND IN CONSIDERATION OF $ ____________________, the undersigned Seller grants, sells, transfers, and
conveys to the Buyer, and to Buyers 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/SELLERS AGENT HANDPRINTED NAME
____________________________________________
SELLER/SELLERS AGENT SIGNATURE
DATE
X ____________________________________________
SELLERS STREET ADDRESS
CITY
STATE
ZIP
________________________ ____________
BUYERS SIGNATURE (1) (REQUIRED)
BUYERS SIGNATURE (2) (REQUIRED)
BUYERS HANDPRINTED NAME (1)
BUYERS HANDPRINTED NAME (2)
BUYERS STREET ADDRESS
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.
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.
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.
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.
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.
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.
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:
By clarifying these misconceptions, individuals can navigate the process of vehicle sales more effectively and ensure compliance with legal requirements.
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: