Alaska Bill of Sale

BILL OF SALE

State of Alaska

DOCUMENT TYPE

Mark the applicable transaction type:

☐ Motor Vehicle Sale
☐ Snowmobile / Snow Machine Sale
☐ All-Terrain Vehicle (ATV) Sale
☐ Watercraft / Vessel Sale
☐ General Personal Property Sale
☐ Multiple Items (describe all below)

ARTICLE I: DEFINITIONS

For purposes of this Bill of Sale, the following terms shall have the meanings ascribed below:

1.1 "Seller" means the individual or entity transferring ownership of the Property, as identified in Article II of this document.

1.2 "Buyer" means the individual or entity acquiring ownership of the Property, as identified in Article II of this document.

1.3 "Property" means the personal property described in Article IV of this document, including all accessories, attachments, and appurtenances thereto unless otherwise specified.

1.4 "Purchase Price" means the total consideration paid or to be paid by the Buyer to the Seller for the Property, as set forth in Article V.

1.5 "Bill of Sale" or "Agreement" means this document and all attachments, addenda, and exhibits incorporated herein by reference.

1.6 "AS-IS Condition" means the Property is sold in its present condition, with all faults, and without any warranty of any kind, express or implied, except as otherwise expressly stated in this Agreement.

1.7 "Closing Date" means the date on which the sale is consummated and the Property is delivered to the Buyer.

1.8 "Encumbrance" means any lien, security interest, pledge, mortgage, charge, claim, restriction, or other encumbrance of any kind affecting the Property.

1.9 "DMV" means the Alaska Division of Motor Vehicles, Department of Administration, State of Alaska.

1.10 "UCC" means the Uniform Commercial Code as adopted in Alaska under AS 45.01 through AS 45.29.

ARTICLE II: PARTIES

Section 2.1 - Seller Information

Full Legal Name: [________________________________]

☐ Individual ☐ Business Entity

If Business Entity:

• Entity Type: ☐ Corporation ☐ LLC ☐ Partnership ☐ Sole Proprietorship ☐ Other: [________________]
• State of Formation: [________________________________]
• Entity Registration Number: [________________________________]
• Authorized Representative Name: [________________________________]
• Title/Position: [________________________________]

Mailing Address: [________________________________]

City: [________________________________] State: [____] ZIP: [__________]

Physical Address (if different): [________________________________]

City: [________________________________] State: [____] ZIP: [__________]

Borough/Municipality: [________________________________]

Telephone: [________________________________]

Email Address: [________________________________]

Alaska Driver's License / State ID Number: [________________________________]

Date of Birth: [__/__/____]

Section 2.2 - Buyer Information

Full Legal Name: [________________________________]

☐ Individual ☐ Business Entity

If Business Entity:

• Entity Type: ☐ Corporation ☐ LLC ☐ Partnership ☐ Sole Proprietorship ☐ Other: [________________]
• State of Formation: [________________________________]
• Entity Registration Number: [________________________________]
• Authorized Representative Name: [________________________________]
• Title/Position: [________________________________]

Mailing Address: [________________________________]

City: [________________________________] State: [____] ZIP: [__________]

Physical Address (if different): [________________________________]

City: [________________________________] State: [____] ZIP: [__________]

Borough/Municipality: [________________________________]

Telephone: [________________________________]

Email Address: [________________________________]

Alaska Driver's License / State ID Number: [________________________________]

Date of Birth: [__/__/____]

Section 2.3 - Co-Buyer Information (if applicable)

☐ Not Applicable

Full Legal Name: [________________________________]

Mailing Address: [________________________________]

City: [________________________________] State: [____] ZIP: [__________]

Alaska Driver's License / State ID Number: [________________________________]

Date of Birth: [__/__/____]

Relationship to Primary Buyer: [________________________________]

ARTICLE III: DATE AND LOCATION OF SALE

Date of Sale: [__/__/____]

Location of Sale (City/Borough): [________________________________]

County/Borough/Census Area: [________________________________]

State: Alaska

MUNICIPAL TAX NOTE: Alaska has no state sales tax. However, many Alaska municipalities and boroughs levy local sales taxes ranging from 1% to 7.5%. The applicable municipal sales tax rate for this transaction depends on the location where the sale occurs. The parties are responsible for determining and remitting any applicable local sales tax. Notably, Anchorage and Fairbanks do not impose a local sales tax. Juneau imposes a 5% sales tax. Consult the Alaska Department of Commerce, Community, and Economic Development for current municipal tax rates.

ARTICLE IV: PROPERTY DESCRIPTION

Section 4.1 - Motor Vehicle

☐ This section applies to this transaction.

Odometer Disclosure (Required under 49 CFR Part 580 and 2 AAC 92.220):

The Seller certifies that the odometer reading at the time of sale is: [________________________________] miles

☐ The odometer reading reflects the ACTUAL mileage of the vehicle.
☐ The odometer reading reflects the amount of mileage in EXCESS of the odometer's mechanical limits (i.e., the odometer has rolled over).
☐ The odometer reading is NOT the actual mileage. WARNING -- ODOMETER DISCREPANCY.

FEDERAL/STATE REQUIREMENT: Under 49 CFR Part 580 and 2 AAC 92.220, odometer disclosure is mandatory for any vehicle that is: (a) model year 2011 or newer, (b) self-propelled, and (c) has an unladen weight of less than 12,000 pounds. The penalty for providing a false odometer statement is a fine of up to $2,000 and/or imprisonment for up to 3 years. Both the transferor and transferee must retain a legible copy of the odometer disclosure for not less than four (4) years.

Exempt Vehicles (odometer disclosure not required):
☐ Model year 2010 or older
☐ Unladen weight exceeds 12,000 pounds
☐ Not self-propelled
☐ Low-speed vehicle (LSV)
☐ Non-motorized (trailer-type)
☐ Moped or scooter

Included Accessories, Equipment, and Modifications:

[________________________________]

[________________________________]

[________________________________]

Section 4.2 - Snowmobile / Snow Machine

☐ This section applies to this transaction.

ALASKA NOTE: Snowmobiles (referred to as "snow machines" in Alaska) are registered with the Alaska DMV but are NOT titled. If operated on public property, snow machines must be registered using Form 808 (Snowmobile or ATV Sale Notification) and Form V1 (Application for Title and Registration).

Included Accessories and Equipment:

[________________________________]

[________________________________]

Section 4.3 - All-Terrain Vehicle (ATV)

☐ This section applies to this transaction.

ALASKA NOTE: ATVs are registered with the Alaska DMV but are NOT titled (unless classified as an APV). If operated on public property, ATVs must be registered. An "APV" (All-terrain Purpose Vehicle) is an ATV used on public roads or highways with a speed limit of 45 mph or less in a community that has not prohibited its use. APVs must meet all motor vehicle safety standards and be properly insured, registered, AND titled.

☐ This ATV is classified as an APV and requires title, registration, and insurance.

Included Accessories and Equipment:

[________________________________]

[________________________________]

Section 4.4 - Watercraft / Vessel

☐ This section applies to this transaction.

ALASKA NOTE: Under AS 05.25.056, all boats principally used in Alaska must be registered unless specifically exempt. A certificate of title is required for: (a) any undocumented vessel over 24 feet in length, and (b) any vessel previously registered with the U.S. Coast Guard that is subject to state registration. USCG-documented vessels must also be registered with the Alaska DMV and must display the Alaska registration decal, though they are exempt from state numbering.

☐ Vessel is USCG-documented (provide documentation number above).
☐ Vessel exceeds 24 feet and requires Alaska certificate of title.

Trailer Information (if included in sale):

Included Equipment and Accessories:

[________________________________]

[________________________________]

[________________________________]

Section 4.5 - General Personal Property

☐ This section applies to this transaction.

Detailed Description of Property:

[________________________________]

[________________________________]

[________________________________]

[________________________________]

Serial Number(s) / Identifying Marks:

[________________________________]

Make / Manufacturer: [________________________________]

Model: [________________________________]

Year of Manufacture: [________________________________]

Condition: ☐ New ☐ Used ☐ Refurbished ☐ For Parts Only ☐ Other: [________________]

Quantity: [________________________________]

ARTICLE V: PURCHASE PRICE AND PAYMENT

Section 5.1 - Purchase Price

Total Purchase Price: $[________________________________]

Amount in Words: [________________________________] Dollars and [____] /100

Section 5.2 - Payment Method

☐ Cash
☐ Personal Check
☐ Cashier's Check / Money Order
☐ Wire Transfer / Electronic Funds Transfer
☐ Cryptocurrency (type: [________________])
☐ Trade / Barter (describe: [________________________________])
☐ Installment Payments (see Section 5.4 below)
☐ Combination (describe: [________________________________])
☐ Gift (no monetary consideration; value for tax purposes: $[________________])
☐ Other: [________________________________]

Section 5.3 - Payment Breakdown

TAX NOTE: Alaska imposes no state sales tax. However, municipalities and boroughs may impose local sales taxes. The parties must determine the applicable local tax rate based on the location of the sale. Common examples include: Juneau (5%), Wasilla (2.5%), Kodiak (7%), Kenai (6%), and Sitka (6%). Anchorage and Fairbanks impose no local sales tax.

Section 5.4 - Installment Payment Schedule (if applicable)

☐ Not Applicable -- Payment in Full at Closing

☐ The Buyer shall pay the Purchase Price in installments as follows:

Down Payment Amount: $[________________________________] due on [__/__/____]

Interest Rate (if applicable): [____]% per annum

Late Payment Penalty: $[________] or [____]% of the overdue amount, whichever is ☐ greater ☐ lesser

Default Provisions: If Buyer fails to make any installment payment within [____] days of the due date, Seller may, at Seller's option: (a) declare the entire remaining balance immediately due and payable; (b) repossess the Property; or (c) pursue any other remedy available under Alaska law, including but not limited to remedies under AS 45.02 (UCC Article 2 - Sales) and AS 45.29 (UCC Article 9 - Secured Transactions).

ARTICLE VI: WARRANTIES AND CONDITION

Section 6.1 - Warranty Selection

Select ONE of the following:

☐ OPTION A: AS-IS, WHERE-IS SALE (No Warranty)

THE PROPERTY IS SOLD "AS-IS, WHERE-IS," WITH ALL FAULTS AND DEFECTS, WHETHER KNOWN OR UNKNOWN, LATENT OR PATENT. THE SELLER MAKES NO WARRANTIES, REPRESENTATIONS, OR GUARANTEES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO:

• THE IMPLIED WARRANTY OF MERCHANTABILITY (AS 45.02.314);
• THE IMPLIED WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE (AS 45.02.315);
• ANY WARRANTY ARISING FROM COURSE OF DEALING, USAGE OF TRADE, OR COURSE OF PERFORMANCE.

THE BUYER ACKNOWLEDGES THAT THE BUYER HAS HAD THE OPPORTUNITY TO INSPECT THE PROPERTY AND ACCEPTS THE PROPERTY IN ITS CURRENT CONDITION. THE BUYER ASSUMES ALL RISK OF LOSS AND ALL COSTS OF REPAIR, MAINTENANCE, AND REMEDIATION FROM AND AFTER THE CLOSING DATE.

This disclaimer is made in compliance with AS 45.02.316, which permits the exclusion or modification of implied warranties when done conspicuously and in writing.

Buyer's Initials: [____] Seller's Initials: [____]

☐ OPTION B: LIMITED WARRANTY

The Seller warrants that the Property shall be free from defects in materials and workmanship for a period of [________________________________] from the Closing Date, subject to the following terms and limitations:

Scope of Coverage: [________________________________]

[________________________________]

Exclusions from Coverage: [________________________________]

[________________________________]

Seller's Obligation: Seller's sole obligation under this warranty shall be, at Seller's election, to: ☐ repair ☐ replace ☐ refund the defective Property or component.

Maximum Liability: Seller's total liability under this warranty shall not exceed $[________________________________].

How to Make a Claim: [________________________________]

Buyer's Initials: [____] Seller's Initials: [____]

☐ OPTION C: EXPRESS WARRANTY

The Seller makes the following express warranties regarding the Property, pursuant to AS 45.02.313:

[________________________________]

[________________________________]

[________________________________]

Warranty Duration: [________________________________]

Conditions and Limitations: [________________________________]

Buyer's Initials: [____] Seller's Initials: [____]

Section 6.2 - Condition Disclosure

Current Condition of Property:

☐ Excellent -- Like new; no material defects
☐ Good -- Minor wear consistent with age and use; fully functional
☐ Fair -- Moderate wear; operational but may require maintenance
☐ Poor -- Significant wear, damage, or defects; sold for repair or parts
☐ Salvage / For Parts Only -- Not operational; sold without expectation of use

Known Defects or Issues (Seller must disclose all known material defects):

[________________________________]

[________________________________]

[________________________________]

☐ Seller represents that there are no known material defects not disclosed above.

CONSUMER PROTECTION NOTE: Under AS 45.50.471 (Alaska Unfair Trade Practices and Consumer Protection Act), it is unlawful to engage in unfair or deceptive acts or practices in the conduct of trade or commerce. Seller's knowing failure to disclose material defects may constitute a violation of this statute and may subject the Seller to civil liability. The Buyer is not required to show that the Seller intended to deceive.

Section 6.3 - Alaska Lemon Law Notice (New Motor Vehicles Only)

NOTICE: Alaska's New Motor Vehicle Warranties Act (AS 45.45.300-360) provides protections to purchasers of new motor vehicles. If a new motor vehicle does not conform to an express warranty and the manufacturer, distributor, dealer, or repairing agent is unable to repair the vehicle after a reasonable number of attempts within the warranty term or one year from delivery (whichever is sooner), the manufacturer must accept return of the vehicle and either replace it or refund the purchase price. This law does NOT apply to used vehicles or private-party sales of new vehicles. Consult the Alaska Attorney General's Consumer Protection Unit for more information.

ARTICLE VII: TITLE AND OWNERSHIP

Section 7.1 - Seller's Representations Regarding Title

The Seller hereby represents and warrants that:

(a) The Seller is the lawful owner of the Property and has good, clear, and marketable title thereto;

(b) The Seller has the full right, power, and authority to sell and transfer the Property to the Buyer;

(c) The Property is free and clear of all liens, encumbrances, security interests, claims, pledges, and restrictions of any kind, except as disclosed in Article VIII below;

(d) There are no pending or threatened legal actions, claims, or proceedings affecting the Property or Seller's right to transfer the Property;

(e) The Property has not been stolen, and the Seller has no knowledge that the Property was previously stolen or illegally obtained;

(f) All information provided by the Seller in this Bill of Sale is true, accurate, and complete to the best of the Seller's knowledge.

Section 7.2 - Transfer of Title

Upon receipt of the full Purchase Price (or the agreed-upon down payment if sold on installment terms), the Seller hereby sells, transfers, assigns, conveys, and delivers to the Buyer all right, title, and interest in and to the Property described herein, together with all accessories, attachments, and appurtenances thereto, to have and to hold the same unto the Buyer, the Buyer's heirs, successors, and assigns forever.

Section 7.3 - Risk of Loss

Risk of loss shall transfer from the Seller to the Buyer:

☐ Upon execution of this Bill of Sale
☐ Upon physical delivery of the Property to the Buyer
☐ Upon the date specified: [__/__/____]
☐ Other: [________________________________]

ARTICLE VIII: ENCUMBRANCES AND LIENS

Section 8.1 - Lien Disclosure

☐ The Property is free and clear of all liens and encumbrances.

☐ The following liens or encumbrances exist on the Property:

Section 8.2 - Lien Satisfaction

If any liens or encumbrances exist, the Seller agrees to:

☐ Satisfy and release all liens prior to or simultaneously with the closing of this sale
☐ Provide the Buyer with lien release documentation within [____] days of closing
☐ The Buyer assumes the existing lien(s) as described above (Buyer's initials: [____])
☐ Other arrangement: [________________________________]

Section 8.3 - Seller's Indemnification for Liens

The Seller shall indemnify, defend, and hold harmless the Buyer from and against any and all claims, liens, encumbrances, losses, damages, costs, and expenses (including reasonable attorney's fees) arising from any lien, encumbrance, or claim against the Property that existed prior to the Closing Date and was not disclosed in this Article VIII.

ARTICLE IX: VEHICLE-SPECIFIC PROVISIONS (Alaska DMV)

☐ This Article applies (check if selling a motor vehicle, snowmobile, ATV, or watercraft).

Section 9.1 - Alaska Title Transfer Requirements

The parties acknowledge and agree to the following Alaska DMV requirements:

(a) Seller's Obligations:

• Complete the "Assignment of Vehicle Title by Owner" section on the certificate of title, including printed name and signature in the designated locations;
• Certify the odometer reading on the title (or on Form V6 if the odometer section is not available on the title) for vehicles subject to odometer disclosure;
• Complete and submit the "Notice of Vehicle Sale for Transfer" (attached to the bottom of the original title) to the DMV as soon as possible after the sale;
• Deliver the original certificate of title to the Buyer;
• Remove license plates from the vehicle (plates remain with the Seller in Alaska).

(b) Buyer's Obligations:

• Submit the completed title, Form V1 (Application for Title and Registration), and all applicable fees to the Alaska DMV;
• Obtain new registration and plates within 30 days of the purchase;
• Obtain mandatory liability insurance before operating the vehicle;
• Pay any applicable municipal Motor Vehicle Registration Tax (MVRT).

Section 9.2 - No State Sales Tax; Municipal Tax Responsibility

Alaska does not impose a state sales tax on vehicle purchases. However, many municipalities and boroughs levy local sales taxes that may apply to the purchase of motor vehicles. The Buyer is solely responsible for determining and paying any applicable municipal or borough sales tax based on the location of the sale and/or the Buyer's place of residence.

Section 9.3 - No Emissions Testing or Safety Inspections

Alaska does not require statewide vehicle emissions testing or safety inspections as a condition of vehicle sale, title transfer, or registration. However, this does not relieve the Seller of the obligation to disclose known safety defects or mechanical issues, and the Buyer is encouraged to have the vehicle independently inspected prior to purchase.

Section 9.4 - Snowmobile and ATV Sale Requirements

For snowmobile and ATV sales, the parties must:

(a) Complete Alaska DMV Form 808 (Snowmobile or ATV Sale Notification);
(b) Complete Form V1 (Application for Title and Registration);
(c) Provide a bill of sale or signed affidavit with the date of purchase and names of both the Seller and Buyer;
(d) Submit all applicable registration fees to the DMV;
(e) Note that registration may be obtained for two-year, four-year, or six-year periods, running from the date of initial registration to September 30th of the applicable year.

Section 9.5 - Watercraft Sale Requirements

For watercraft sales, the parties must:

(a) Register the vessel with the Alaska DMV (registration fee: $24 for powered boats, $10 for non-powered boats, $75 for barges);
(b) Obtain a certificate of title for any undocumented vessel over 24 feet in length, or any vessel previously documented with the USCG, per AS 05.25.056;
(c) If the vessel is USCG-documented, ensure the Alaska registration decal is displayed (USCG-documented vessels are exempt from state numbering but must be registered);
(d) Non-powered vessels (kayaks, canoes) without auxiliary power and not used as a sport fishing guide's boat are exempt from registration;
(e) Vessels with valid out-of-state registration operated in Alaska for fewer than 90 consecutive days are exempt from Alaska registration.

Section 9.6 - Remote and Rural Area Considerations

The parties acknowledge the following provisions applicable to remote and rural areas of Alaska:

(a) Off-Highway Community Exemption: In certain rural communities not connected to the Alaska road system, state vehicle registration may not be required if the vehicle operates exclusively off-highway within the community. If the vehicle is transported to areas where registration is required, it must be registered before roadway operation.

(b) Permanent Registration: Residents of unorganized boroughs or organized boroughs that have opted in may be eligible for permanent registration for noncommercial trailers or vehicles eight (8) years old or older, with a one-time $25 permanent registration fee plus applicable fees and Motor Vehicle Registration Tax.

(c) Mail-In Registration: Residents who live more than 50 miles from an Alaska DMV location may complete the vehicle registration process by mail.

(d) Motor Vehicle Registration Tax (MVRT): The State of Alaska collects MVRT on behalf of municipalities and boroughs that have elected this form of personal property tax. Tax rates vary by location.

ARTICLE X: INDEMNIFICATION

Section 10.1 - Seller's Indemnification

The Seller shall indemnify, defend, and hold harmless the Buyer, the Buyer's heirs, successors, and assigns from and against any and all claims, demands, actions, causes of action, losses, damages, liabilities, costs, and expenses (including reasonable attorney's fees and court costs) arising out of or related to:

(a) Any breach of the Seller's representations, warranties, or covenants in this Bill of Sale;
(b) Any undisclosed lien, encumbrance, or claim against the Property;
(c) Any use, operation, ownership, or possession of the Property by the Seller or any third party prior to the Closing Date;
(d) Any liability for injuries, death, or property damage occurring in connection with the Property prior to the Closing Date;
(e) Any violation of applicable law by the Seller in connection with the sale or transfer of the Property.

Section 10.2 - Buyer's Indemnification

The Buyer shall indemnify, defend, and hold harmless the Seller, the Seller's heirs, successors, and assigns from and against any and all claims, demands, actions, causes of action, losses, damages, liabilities, costs, and expenses (including reasonable attorney's fees and court costs) arising out of or related to:

(a) Any use, operation, ownership, or possession of the Property by the Buyer or any third party on or after the Closing Date;
(b) Any liability for injuries, death, or property damage occurring in connection with the Property on or after the Closing Date;
(c) Any failure of the Buyer to properly register, title, or insure the Property as required by law following the transfer.

ARTICLE XI: DISPUTE RESOLUTION

Section 11.1 - Governing Law

This Bill of Sale shall be governed by and construed in accordance with the laws of the State of Alaska, including but not limited to the Alaska Uniform Commercial Code (AS 45.01 through AS 45.29), without regard to its conflict-of-laws principles.

Section 11.2 - Dispute Resolution Process

In the event of any dispute, controversy, or claim arising out of or relating to this Bill of Sale, the parties agree to the following dispute resolution process:

Step 1 -- Negotiation: The parties shall first attempt to resolve the dispute through good-faith negotiation for a period of not less than thirty (30) days from the date written notice of the dispute is delivered to the other party.

Step 2 -- Mediation: If negotiation fails, the parties shall submit the dispute to mediation administered by a mutually agreed-upon mediator in the State of Alaska. The costs of mediation shall be shared equally between the parties.

Step 3 -- Litigation or Arbitration (select one):

☐ Litigation: If mediation fails, either party may initiate litigation in the courts of the State of Alaska. The parties consent to the exclusive jurisdiction and venue of the Superior Court of the State of Alaska, [________________________________] Judicial District. Each party waives any objection to such jurisdiction and venue.

☐ Binding Arbitration: If mediation fails, the dispute shall be resolved by binding arbitration conducted in the State of Alaska in accordance with the Alaska Uniform Arbitration Act (AS 09.43.300-595). The arbitrator's decision shall be final and binding, and judgment thereon may be entered in any court of competent jurisdiction.

Section 11.3 - Statute of Limitations

Any action arising under this Bill of Sale must be commenced within four (4) years after the cause of action accrues, pursuant to AS 45.02.725. By mutual agreement, the parties may reduce (but not extend) this period to not less than one (1) year.

Section 11.4 - Attorney's Fees

In any action or proceeding arising out of this Bill of Sale, the prevailing party shall be entitled to recover reasonable attorney's fees and costs from the non-prevailing party, in accordance with Alaska Civil Rule 82.

ARTICLE XII: GENERAL PROVISIONS

Section 12.1 - Entire Agreement

This Bill of Sale constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings, negotiations, and discussions, whether oral or written, between the parties relating to the Property.

Section 12.2 - Amendments

This Bill of Sale may not be amended, modified, or supplemented except by a written instrument signed by both parties.

Section 12.3 - Severability

If any provision of this Bill of Sale is held to be invalid, illegal, or unenforceable under the laws of the State of Alaska or any applicable jurisdiction, such provision shall be modified to the minimum extent necessary to make it valid and enforceable, and the remaining provisions of this Bill of Sale shall remain in full force and effect.

Section 12.4 - Waiver

No waiver of any provision of this Bill of Sale shall be effective unless made in writing and signed by the waiving party. The failure of either party to enforce any provision of this Bill of Sale shall not constitute a waiver of such party's right to enforce such provision or any other provision in the future.

Section 12.5 - Notices

All notices, requests, demands, or other communications under this Bill of Sale shall be in writing and shall be deemed duly given when: (a) delivered personally; (b) sent by certified mail, return receipt requested, to the addresses set forth in Article II; or (c) sent by email to the addresses set forth in Article II, with confirmation of receipt.

Section 12.6 - Assignment

The Buyer may not assign this Bill of Sale or any rights or obligations hereunder without the prior written consent of the Seller, except that the Buyer may assign its rights to a successor entity in connection with a merger, acquisition, or sale of substantially all of the Buyer's assets.

Section 12.7 - Binding Effect

This Bill of Sale shall be binding upon and shall inure to the benefit of the parties hereto and their respective heirs, executors, administrators, legal representatives, successors, and assigns.

Section 12.8 - Counterparts

This Bill of Sale may be executed in one or more counterparts, each of which shall be deemed an original, and all of which together shall constitute one and the same instrument.

Section 12.9 - Headings

The article and section headings in this Bill of Sale are for convenience of reference only and shall not affect the interpretation or construction of this Bill of Sale.

Section 12.10 - Time of the Essence

Time is of the essence with respect to all dates, deadlines, and time periods specified in this Bill of Sale.

ARTICLE XIII: ALASKA-SPECIFIC PROVISIONS

Section 13.1 - No State Sales Tax

The State of Alaska does not levy a state sales tax. The parties acknowledge that no state sales tax is due in connection with this transaction. However, applicable local municipal or borough sales taxes may apply depending on the location of the transaction.

Section 13.2 - Municipal Sales Tax Responsibility

The ☐ Buyer ☐ Seller shall be responsible for determining, collecting, and remitting any applicable municipal or borough sales tax. The parties acknowledge the following common Alaska municipal tax rates (subject to change; verify current rates):

Section 13.3 - Unique Vehicle Types Common in Alaska

The parties acknowledge that Alaska's unique geography and climate require the use of specialized vehicles. This Bill of Sale may be used for the transfer of:

☐ Snow machines / Snowmobiles (registered, not titled -- use Form 808)
☐ All-Terrain Vehicles (ATVs) (registered, not titled unless APV)
☐ All-terrain Purpose Vehicles (APVs) (titled, registered, and insured)
☐ Utility Task Vehicles (UTVs) / Side-by-Side vehicles
☐ Watercraft / Vessels (titled if over 24 feet or formerly USCG-documented)
☐ Aircraft (subject to separate FAA registration requirements)
☐ Dog sleds and related equipment
☐ Heavy equipment used in remote areas
☐ Vehicles with studded tires (permitted in Alaska October 1 through April 15)

Section 13.4 - Remote Registration and Transfer Considerations

For sales occurring in remote areas of Alaska:

(a) The parties may complete DMV transactions by mail if located more than 50 miles from a DMV office;
(b) The Buyer should allow additional time for mail-in processing of title and registration applications;
(c) In communities not connected to the state road system, vehicles operated exclusively off-highway within the community may be exempt from registration requirements;
(d) The parties should verify whether their municipality or borough participates in the Motor Vehicle Registration Tax program;
(e) Permanent registration may be available for qualifying vehicles in unorganized boroughs or participating organized boroughs.

Section 13.5 - Alaska Consumer Protection Acknowledgment

Both parties acknowledge that Alaska law, including AS 45.50.471 (Unfair Trade Practices and Consumer Protection Act), prohibits unfair or deceptive acts in the conduct of trade or commerce. The Seller affirms that all representations made in this Bill of Sale are truthful and not misleading. The Buyer acknowledges the right to report suspected unfair or deceptive practices to the Alaska Attorney General's Consumer Protection Unit.

ARTICLE XIV: SIGNATURE BLOCKS

BY SIGNING BELOW, THE PARTIES ACKNOWLEDGE THAT THEY HAVE READ, UNDERSTAND, AND AGREE TO ALL TERMS AND CONDITIONS OF THIS BILL OF SALE.

Seller Signature

Signature: ________________________________________

Printed Name: [________________________________]

Date: [__/__/____]

Alaska Driver's License / ID No.: [________________________________]

Co-Seller Signature (if applicable)

☐ Not Applicable

Signature: ________________________________________

Printed Name: [________________________________]

Date: [__/__/____]

Buyer Signature

Signature: ________________________________________

Printed Name: [________________________________]

Date: [__/__/____]

Alaska Driver's License / ID No.: [________________________________]

Co-Buyer Signature (if applicable)

☐ Not Applicable

Signature: ________________________________________

Printed Name: [________________________________]

Date: [__/__/____]

ARTICLE XV: WITNESS ATTESTATION (Optional but Recommended)

Witness 1

Signature: ________________________________________

Printed Name: [________________________________]

Address: [________________________________]

Date: [__/__/____]

Witness 2

Signature: ________________________________________

Printed Name: [________________________________]

Address: [________________________________]

Date: [__/__/____]

ARTICLE XVI: NOTARY ACKNOWLEDGMENT (Optional but Recommended)

NOTE: Alaska does not require notarization for a bill of sale. However, notarization is recommended for high-value transactions to provide additional evidence of identity and authenticity. Notarization may be required by certain lenders or financial institutions.

STATE OF ALASKA

☐ First Judicial District (Juneau, Ketchikan, Sitka)
☐ Second Judicial District (Barrow, Kotzebue, Nome)
☐ Third Judicial District (Anchorage, Kenai, Kodiak, Palmer, Valdez)
☐ Fourth Judicial District (Bethel, Fairbanks)

On this [____] day of [________________________________], 20[____], before me, the undersigned Notary Public, personally appeared:

Name(s): [________________________________]

known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies) and that by his/her/their signature(s) on the instrument, the person(s) or the entity upon behalf of which the person(s) acted, executed the instrument.

WITNESS my hand and official seal.

Notary Signature: ________________________________________

Notary Printed Name: [________________________________]

My Commission Expires: [__/__/____]

Notary Seal / Stamp:

[AFFIX SEAL HERE]

ARTICLE XVII: SOURCES AND REFERENCES

Alaska Statutes

• AS 45.02 (UCC Article 2 - Sales): Governs contracts for the sale of goods, including formation, warranties, and remedies. Alaska Legislature
• AS 45.02.201 (Statute of Frauds): Requires a writing for sale of goods priced at $500 or more. Justia - AS 45.02.201
• AS 45.02.313-316 (Warranties): Governs express warranties, implied warranties of merchantability and fitness, and exclusion of warranties.
• AS 45.02.725 (Statute of Limitations): Four-year limitation period for actions arising from sale of goods. Justia - AS 45.02.725
• AS 45.45.300-360 (New Motor Vehicle Warranties / Lemon Law): Protections for buyers of new motor vehicles. Alaska Attorney General
• AS 45.50.471 (Unfair Trade Practices): Prohibits unfair or deceptive trade practices. Justia - AS 45.50.471
• AS 28.10 (Motor Vehicle Titles and Registration): Governs vehicle title transfers, registration, and related requirements.
• AS 05.25.056 (Watercraft Titling): Requires certificates of title for certain vessels.

Federal Regulations

• 49 CFR Part 580 (Odometer Disclosure): Federal odometer disclosure requirements for motor vehicle transfers.
• 2 AAC 92.220 (Alaska Odometer Regulations): Alaska administrative code implementing federal odometer requirements.

Alaska DMV Resources

• Alaska DMV -- Selling a Vehicle: dmv.alaska.gov/vehicle-services/selling-a-vehicle-in-alaska/
• Alaska DMV -- Title Transfer: dmv.alaska.gov/vehicle-services/titles/
• Alaska DMV -- Odometer Requirements: dmv.alaska.gov/vehicle-services/odometer-requirements/
• Alaska DMV -- Off-Highway Vehicles: dmv.alaska.gov/vehicle-services/off-highway-vehicles/
• Alaska DMV -- Boats: dmv.alaska.gov/boats/
• Alaska DMV -- Permanent Registration: dmv.alaska.gov/vehicle-services/permanent-registration-for-trailers-and-older-vehicles/
• Alaska DMV -- Form 808 (Snowmobile/ATV Sale Notification): dmv.alaska.gov/media/05whtwrn/808.pdf
• Alaska DMV -- Form V6 (Odometer Disclosure): dmv.alaska.gov/media/0jtfjcow/v6.pdf

Alaska Tax Information

• Alaska Sales Tax Information: commerce.alaska.gov/web/dcra/OfficeoftheStateAssessor/AlaskaSalesTaxInformation.aspx
• Alaska Remote Sellers Sales Tax Commission (ARSSTC): arsstc.org

This Bill of Sale template is provided for informational and educational purposes only by ezel.ai and does not constitute legal advice. The information contained herein is based on Alaska law as of the date indicated above and is subject to change. Users should consult with a licensed Alaska attorney before executing any bill of sale, particularly for high-value transactions. Neither ezel.ai nor the authors of this template assume any liability for the use or misuse of this document.