This document serves as a record of a transaction involving the sale of a motor vehicle within the state. It outlines crucial details such as the seller’s and buyer’s information, vehicle identification number (VIN), purchase price, and date of sale. For example, it clearly states that Ms. Jane Doe sold her 2015 Honda Civic to Mr. John Smith for $8,000 on October 26, 2023, within the boundaries of Alabama.
The use of such a form offers several advantages. It provides legal protection for both the seller and the buyer by documenting the transfer of ownership. This documentation can be crucial for resolving disputes, registering the vehicle with the Alabama Department of Revenue, and proving ownership in various legal situations. Historically, these documents have evolved from simple handwritten receipts to standardized forms that ensure all essential information is captured.
