Mopeds can range in price from hundreds to thousands of dollars. There are two general reasons why you want to get a Bill of Sale in Colorado when purchasing or selling a Moped:ġ. We also suggest securing a Colorado bill of sale to properly document the sale including the sales price, condition of the vehicle, and hold harmless language to protect the buyer and seller. Typically this is done by signing the “Transfer by Owner” or “Assignment” section on the rear of the original title. build a fence) that an independent contractor (e.g.When buying or selling a Moped in Colorado you always want to document the transfer of vehicle ownership from the seller to the buyer.
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Use the full legal name of an individual, or the official name of a company. When writing an item description, it's important to include all identifying features, such as the make, model, colour, and any identification numbers (serial numbers, odometer readings, etc.) or other notable markings.ĭo not use nicknames or trading names when recording the names of the seller and purchaser. A clause indicating the item is sold "as-is".A complete description of the item being purchased.
A statement that transfers ownership of the item from the seller to the buyer.
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WARRANTIES: The Seller warrants that the Motor Vehicle is free of any liens and encumbrances and that the Seller is the legal owner of the Motor Vehicle.