Arkansas Bill of Sale
ARKANSAS BILL OF SALE
Comprehensive Agreement for the Sale and Transfer of Personal Property
DOCUMENT TYPE
☐ Motor Vehicle Bill of Sale
☐ Watercraft / Boat Bill of Sale
☐ Trailer / Semitrailer Bill of Sale
☐ General Personal Property Bill of Sale
☐ Equipment / Machinery Bill of Sale
☐ Livestock / Agricultural Property Bill of Sale
ARTICLE I — DEFINITIONS
For purposes of this Bill of Sale, the following terms shall have the meanings set forth below:
1.1 "Agreement" means this Bill of Sale and all exhibits, attachments, and addenda incorporated herein by reference.
1.2 "Buyer" means the individual or entity purchasing and acquiring the Property, as identified in Article II of this Agreement.
1.3 "Seller" means the individual or entity selling and transferring the Property, as identified in Article II of this Agreement.
1.4 "Property" means the personal property described in Article IV of this Agreement, including all accessories, attachments, and appurtenances thereto.
1.5 "Purchase Price" means the total consideration paid or to be paid by Buyer to Seller for the Property, as set forth in Article V.
1.6 "Closing Date" means the date on which the sale is consummated and transfer of the Property is completed, as indicated on the signature page of this Agreement.
1.7 "DFA" means the Arkansas Department of Finance and Administration, the state agency responsible for motor vehicle titling, registration, and related functions.
1.8 "UCC" means the Uniform Commercial Code as adopted in Arkansas under Ark. Code Ann. § 4-1-101 et seq.
1.9 "Goods" means all things that are movable at the time of identification to the contract for sale, as defined in Ark. Code Ann. § 4-2-105.
1.10 "Lien" means any security interest, mortgage, pledge, encumbrance, charge, or claim against the Property.
1.11 "Title" means the certificate of title or other document of ownership issued by the DFA or equivalent agency of another jurisdiction.
ARTICLE II — PARTIES TO THE TRANSACTION
Section 2.1 — Seller Information
| Field | Details |
|---|---|
| Full Legal Name | [________________________________] |
| Date of Birth | [__/__/____] |
| Driver's License / ID Number | [________________________________] |
| Issuing State | [____] |
| Street Address | [________________________________] |
| City | [________________________________] |
| State | Arkansas |
| ZIP Code | [__________] |
| County | [________________________________] |
| Telephone Number | [________________________________] |
| Email Address | [________________________________] |
| Entity Type (if applicable) | ☐ Individual ☐ Corporation ☐ LLC ☐ Partnership ☐ Trust ☐ Estate |
| Entity Name (if applicable) | [________________________________] |
| State of Organization | [________________________________] |
| AR Tax ID / Federal EIN | [________________________________] |
Section 2.2 — Buyer Information
| Field | Details |
|---|---|
| Full Legal Name | [________________________________] |
| Date of Birth | [__/__/____] |
| Driver's License / ID Number | [________________________________] |
| Issuing State | [____] |
| Street Address | [________________________________] |
| City | [________________________________] |
| State | [________________________________] |
| ZIP Code | [__________] |
| County | [________________________________] |
| Telephone Number | [________________________________] |
| Email Address | [________________________________] |
| Entity Type (if applicable) | ☐ Individual ☐ Corporation ☐ LLC ☐ Partnership ☐ Trust ☐ Estate |
| Entity Name (if applicable) | [________________________________] |
| State of Organization | [________________________________] |
| AR Tax ID / Federal EIN | [________________________________] |
Section 2.3 — Co-Buyer Information (if applicable)
| Field | Details |
|---|---|
| Full Legal Name | [________________________________] |
| Date of Birth | [__/__/____] |
| Driver's License / ID Number | [________________________________] |
| Relationship to Buyer | [________________________________] |
ARTICLE III — SALE AND TRANSFER
3.1 The Seller hereby sells, transfers, assigns, conveys, and delivers to the Buyer, and the Buyer hereby purchases and accepts from the Seller, the Property described in Article IV, for the Purchase Price set forth in Article V, subject to the terms and conditions of this Agreement.
3.2 This transfer is intended to convey full and absolute ownership of the Property from Seller to Buyer, free and clear of all liens, encumbrances, security interests, and claims, except as expressly disclosed in Article VII of this Agreement.
3.3 Risk of loss shall pass from Seller to Buyer upon delivery of the Property, unless otherwise agreed in writing. Pursuant to Ark. Code Ann. § 4-2-509, risk of loss in the absence of breach passes to the Buyer upon receipt of the goods if the Seller is not a merchant.
3.4 Title to the Property shall pass to Buyer upon execution of this Agreement and delivery of possession, subject to the terms herein.
ARTICLE IV — PROPERTY DESCRIPTION
Section 4.1 — Motor Vehicle Description (if applicable)
| Field | Details |
|---|---|
| Year | [____] |
| Make | [________________________________] |
| Model | [________________________________] |
| Trim / Body Style | [________________________________] |
| Exterior Color | [________________________________] |
| Interior Color | [________________________________] |
| Vehicle Identification Number (VIN) | [________________________________] |
| License Plate Number | [________________________________] |
| Plate State | [____] |
| Engine Number | [________________________________] |
| Transmission Type | ☐ Automatic ☐ Manual ☐ CVT ☐ Other: [____________] |
| Fuel Type | ☐ Gasoline ☐ Diesel ☐ Hybrid ☐ Electric ☐ Other: [____________] |
| Drive Type | ☐ FWD ☐ RWD ☐ AWD ☐ 4WD |
| Number of Cylinders | [____] |
| Gross Vehicle Weight Rating (GVWR) | [________________________________] lbs. |
| Current Title Number | [________________________________] |
| Title State of Issue | [________________________________] |
Section 4.2 — Odometer Disclosure Statement
FEDERAL AND STATE LAW NOTICE: Federal law (49 U.S.C. § 32705) and Arkansas law (Ark. Code Ann. § 4-90-206) require that the Seller disclose the mileage to the Buyer upon transfer of ownership. Failure to complete this disclosure or providing a false statement may result in fines and/or imprisonment.
| Field | Details |
|---|---|
| Odometer Reading at Time of Sale | [________________________________] miles |
| Odometer Status (select one): | |
| ☐ Actual mileage | |
| ☐ Mileage exceeds the mechanical limits of the odometer | |
| ☐ Odometer reading is NOT the actual mileage — DISCREPANCY |
Exemptions from Odometer Disclosure: Pursuant to 49 C.F.R. § 580.17 and Arkansas regulations, odometer disclosure is NOT required for:
- Vehicles with a model year 2010 or older
- Vehicles with a Gross Vehicle Weight Rating (GVWR) exceeding 16,000 pounds
- Vehicles that are not self-propelled
- New vehicles transferred directly from manufacturer to dealer
☐ This vehicle qualifies for an odometer disclosure exemption under: [________________________________]
Section 4.3 — General Personal Property Description (if applicable)
Description of Property:
[________________________________]
[________________________________]
[________________________________]
[________________________________]
| Field | Details |
|---|---|
| Item Category | [________________________________] |
| Make / Manufacturer | [________________________________] |
| Model Number | [________________________________] |
| Serial Number | [________________________________] |
| Year of Manufacture | [____] |
| Condition | ☐ New ☐ Like New ☐ Good ☐ Fair ☐ Poor ☐ Salvage |
| Color | [________________________________] |
| Dimensions / Size | [________________________________] |
| Weight (if applicable) | [________________________________] |
Additional Items Included in Sale:
| Item No. | Description | Serial No. / Identifier | Condition | Estimated Value |
|---|---|---|---|---|
| 1. | [________________________________] | [________________] | [________] | $[________] |
| 2. | [________________________________] | [________________] | [________] | $[________] |
| 3. | [________________________________] | [________________] | [________] | $[________] |
| 4. | [________________________________] | [________________] | [________] | $[________] |
| 5. | [________________________________] | [________________] | [________] | $[________] |
ARTICLE V — PURCHASE PRICE AND PAYMENT TERMS
Section 5.1 — Purchase Price
| Component | Amount |
|---|---|
| Base Purchase Price | $[________________________________] |
| Trade-In Allowance (if applicable) | ($[________________________________]) |
| Net Purchase Price | $[________________________________] |
| Arkansas State Sales Tax ([____]%) | $[________________________________] |
| Local Sales Tax ([____]%) | $[________________________________] |
| Title Transfer Fee | $[________________________________] |
| Registration Fee | $[________________________________] |
| Other Fees (specify): [____________] | $[________________________________] |
| Total Amount Due | $[________________________________] |
Arkansas Sales Tax Notice: Pursuant to Ark. Code Ann. § 26-52-301 et seq., the following state sales tax rates apply:
- Standard state rate: 6.5% on most sales of tangible personal property
- Reduced rate for used motor vehicles (Ark. Code Ann. § 26-52-324):
- Used motor vehicles with a sales price of $4,000 to $9,999.99: 3.5% state rate
- Used motor vehicles with a sales price of $10,000 or more: 6.5% state rate
- Local taxes: Local jurisdictions may impose additional sales taxes ranging from 0% to 5.0%, applied at the standard rate regardless of vehicle status
- Sales tax is due at the time of title transfer and registration at the local DFA Revenue Office
Section 5.2 — Payment Method
☐ Cash
☐ Certified Check / Cashier's Check
☐ Personal Check (No. [________])
☐ Money Order
☐ Wire Transfer / Electronic Funds Transfer
☐ Credit / Debit Card
☐ Cryptocurrency (specify): [________________________________]
☐ Trade / Barter (describe): [________________________________]
☐ Installment Payments (see Section 5.3 below)
☐ Other (describe): [________________________________]
Section 5.3 — Installment Payment Schedule (if applicable)
If the Buyer is paying in installments, the following schedule applies:
| Payment No. | Due Date | Amount | Principal | Interest | Balance Remaining |
|---|---|---|---|---|---|
| Down Payment | [__/__/____] | $[________] | $[________] | $[________] | $[________] |
| 1 | [__/__/____] | $[________] | $[________] | $[________] | $[________] |
| 2 | [__/__/____] | $[________] | $[________] | $[________] | $[________] |
| 3 | [__/__/____] | $[________] | $[________] | $[________] | $[________] |
| 4 | [__/__/____] | $[________] | $[________] | $[________] | $[________] |
| 5 | [__/__/____] | $[________] | $[________] | $[________] | $[________] |
| 6 | [__/__/____] | $[________] | $[________] | $[________] | $[________] |
Interest Rate (if applicable): [____]% per annum
Late Payment Penalty: $[________] or [____]% of the overdue amount, whichever is greater
Default Provisions: If Buyer fails to make any scheduled payment within [____] days of the due date, Seller may, at Seller's option, declare the entire remaining balance immediately due and payable.
Section 5.4 — Deposit / Earnest Money
☐ A deposit of $[________________________________] has been received by Seller.
☐ Deposit is ☐ refundable ☐ non-refundable.
Date of deposit: [__/__/____]
Method of deposit: [________________________________]
ARTICLE VI — WARRANTIES AND REPRESENTATIONS
Section 6.1 — Warranty Selection
SELECT ONE OF THE FOLLOWING (check one box only):
☐ OPTION A — "AS-IS" SALE (No Warranty)
THE PROPERTY IS SOLD "AS IS" AND "WHERE IS," WITH ALL FAULTS AND DEFECTS, WHETHER KNOWN OR UNKNOWN, LATENT OR PATENT. THE SELLER MAKES NO WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY (ARK. CODE ANN. § 4-2-314) AND FITNESS FOR A PARTICULAR PURPOSE (ARK. CODE ANN. § 4-2-315). THE BUYER ACKNOWLEDGES THAT THE BUYER HAS INSPECTED THE PROPERTY OR HAS HAD THE OPPORTUNITY TO INSPECT THE PROPERTY AND ACCEPTS THE PROPERTY IN ITS PRESENT CONDITION. THIS DISCLAIMER IS MADE PURSUANT TO ARK. CODE ANN. § 4-2-316.
THE BUYER ACKNOWLEDGES AND UNDERSTANDS THAT:
- The Seller assumes no responsibility for the condition, safety, or fitness of the Property;
- The Buyer has been advised to have the Property independently inspected prior to purchase;
- The Buyer assumes all risk regarding the quality and performance of the Property; and
- This "as-is" sale does not waive any claim for fraud, intentional misrepresentation, or violation of Arkansas consumer protection statutes.
☐ OPTION B — LIMITED WARRANTY
The Seller warrants the Property as follows:
- Warranty Period: [____] days / months (circle one) from the Closing Date
-
Scope of Coverage: [________________________________]
[________________________________]
[________________________________] -
Exclusions from Coverage: [________________________________]
[________________________________] -
Maximum Liability Under This Warranty: $[________________________________]
- Remedy: Seller's sole obligation under this warranty shall be, at Seller's election: ☐ Repair ☐ Replace ☐ Refund (up to the Purchase Price)
☐ OPTION C — Express Warranty
The Seller expressly warrants, pursuant to Ark. Code Ann. § 4-2-313, the following:
| Warranty Description | Duration | Coverage Limit |
|---|---|---|
| [________________________________] | [________] | $[________] |
| [________________________________] | [________] | $[________] |
| [________________________________] | [________] | $[________] |
Section 6.2 — Seller's Representations
The Seller represents and warrants to the Buyer that, as of the Closing Date:
(a) The Seller is the lawful owner of the Property and has full right, power, and authority to sell and transfer the Property to the Buyer;
(b) The Property is free and clear of all liens, encumbrances, security interests, pledges, and claims of any nature, except as expressly disclosed in Article VII;
(c) There are no pending or threatened legal actions, claims, or proceedings affecting the Property or Seller's right to sell the Property;
(d) The Seller has not received notice of any recalls, safety defects, or regulatory actions affecting the Property that have not been disclosed to the Buyer;
(e) All information provided by the Seller in this Agreement is true, accurate, and complete to the best of the Seller's knowledge;
(f) The Property has not been used as collateral for any loan or obligation that has not been fully satisfied and released; and
(g) The Seller is not a party to any agreement that would prevent or restrict the sale and transfer of the Property.
Section 6.3 — Buyer's Acknowledgments
The Buyer acknowledges the following:
(a) The Buyer has had the opportunity to inspect the Property prior to executing this Agreement;
(b) The Buyer is relying upon the Buyer's own inspection and judgment (or the inspection and judgment of the Buyer's chosen representative) in purchasing the Property;
(c) The Buyer has reviewed and understands the warranty terms selected in Section 6.1;
(d) For motor vehicle sales, the Arkansas New Motor Vehicle Quality Assurance Act (Ark. Code Ann. § 4-90-401 et seq.) applies ONLY to new motor vehicles and does not apply to used vehicle transactions; and
(e) The Buyer understands that an "as-is" sale does not relieve the Seller from liability for fraud or intentional misrepresentation.
Section 6.4 — Statute of Limitations
Pursuant to Ark. Code Ann. § 4-2-725, any action for breach of a contract for sale of goods must be commenced within four (4) years after the cause of action has accrued. A breach of warranty occurs when tender of delivery is made, except where a warranty explicitly extends to future performance of the goods.
ARTICLE VII — ENCUMBRANCES, LIENS, AND TITLE STATUS
Section 7.1 — Lien Disclosure
☐ The Property is free and clear of ALL liens and encumbrances.
☐ The following liens or encumbrances exist against the Property:
| Lien No. | Lienholder Name | Account Number | Balance Owed | Expected Payoff Date |
|---|---|---|---|---|
| 1. | [________________________________] | [________________] | $[________] | [__/__/____] |
| 2. | [________________________________] | [________________] | $[________] | [__/__/____] |
Section 7.2 — Title Status
☐ Clean Title
☐ Salvage Title
☐ Rebuilt Title
☐ Flood Damage Title
☐ Bonded Title
☐ Duplicate Title
☐ Out-of-State Title (State: [____])
☐ Other: [________________________________]
Section 7.3 — Seller's Obligation to Deliver Clear Title
The Seller agrees to satisfy and discharge all liens and encumbrances disclosed in Section 7.1, at or before the Closing Date, and to deliver to the Buyer a properly assigned certificate of title free of all liens. Pursuant to Ark. Code Ann. § 4-2-312, there is a warranty by the Seller that the title conveyed shall be good and its transfer rightful, and that the goods shall be delivered free from any security interest or other lien of which the Buyer had no knowledge at the time of contracting.
ARTICLE VIII — VEHICLE-SPECIFIC PROVISIONS (Arkansas DFA Requirements)
This Article applies only to motor vehicle, trailer, and watercraft transactions.
Section 8.1 — Arkansas Title Transfer Process
The parties acknowledge the following requirements under Arkansas law:
(a) Title Assignment: The Seller must properly assign the certificate of title to the Buyer by completing and signing the assignment section on the back of the title. If the title is an out-of-state title or a pre-2010 Arkansas title, a separate bill of sale is required.
(b) 30-Day Transfer Requirement: Pursuant to Ark. Code Ann. § 27-14-903, the Buyer must apply for a new title and registration within thirty (30) calendar days from the date of purchase or the date of lien release, whichever is later. Failure to transfer within the 30-day period may result in penalties.
(c) Where to Apply: Title applications are submitted at any local DFA Revenue Office or online through the MyDMV portal at mydmv.arkansas.gov.
(d) Temporary Tags: The Buyer may obtain a temporary tag for $10.00 to operate the vehicle legally while the title transfer is processed.
(e) Required Documents for Title Transfer:
- Properly assigned certificate of title from the Seller
- Bill of sale (required for out-of-state titles or pre-2010 Arkansas titles)
- Completed odometer disclosure statement (for vehicles with model year 2011 or newer)
- Proof of Arkansas liability insurance
- Valid photo identification
- Payment of applicable taxes and fees
Section 8.2 — Arkansas Sales Tax on Vehicles
(a) Pursuant to Ark. Code Ann. § 26-52-301 et seq. and § 26-52-324, the following state sales tax rates apply to vehicle sales:
| Vehicle Type | Sales Price Range | State Tax Rate |
|---|---|---|
| New motor vehicle | Any price | 6.5% |
| Used motor vehicle | Under $4,000 | 6.5% |
| Used motor vehicle | $4,000 — $9,999.99 | 3.5% |
| Used motor vehicle | $10,000 and above | 6.5% |
(b) Local sales taxes (city and county) are applied at the full local rate regardless of the reduced state rate for used vehicles. Combined local rates range from 0% to 5.0% depending on jurisdiction.
(c) Sales tax is due at the time of title transfer and must be paid at the local DFA Revenue Office.
(d) Exempt transactions include: gifts between immediate family members (with proper documentation), transfers due to inheritance, and certain transfers between spouses incident to divorce.
Section 8.3 — Title Transfer Fees
| Fee Type | Amount |
|---|---|
| Title Transfer Fee | $10.00 |
| Temporary Tag | $10.00 |
| Registration Fee | Varies by vehicle type and weight |
| Late Transfer Penalty | $3.00 per 10-day period (or fraction thereof) |
Section 8.4 — Vehicle Safety and Emissions
Arkansas does not require mandatory safety inspections or emissions testing for vehicle registration or title transfer. Act 974 of 1997 removed the state vehicle inspection requirement. However, law enforcement may cite vehicles with safety defects observed during traffic stops.
Section 8.5 — Insurance Requirement
The Buyer must obtain Arkansas minimum liability insurance coverage before operating the vehicle on public roads. Current minimum coverage under Ark. Code Ann. § 27-22-104:
- Bodily Injury: $25,000 per person / $50,000 per accident
- Property Damage: $25,000 per accident
ARTICLE IX — INDEMNIFICATION
Section 9.1 — Seller's Indemnification
The Seller agrees to indemnify, defend, and hold harmless the Buyer from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys' fees) arising from or related to:
(a) Any breach of the Seller's representations or warranties contained in this Agreement;
(b) Any liens, encumbrances, or claims against the Property existing prior to the Closing Date that were not disclosed in this Agreement;
(c) Any violations of federal or state odometer disclosure laws;
(d) Any claims by third parties asserting ownership of or rights to the Property; and
(e) Any fines, penalties, or parking/traffic violations incurred prior to the Closing Date.
Section 9.2 — Buyer's Indemnification
The Buyer agrees to indemnify, defend, and hold harmless the Seller from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys' fees) arising from or related to:
(a) The Buyer's use, operation, maintenance, or possession of the Property after the Closing Date;
(b) Any fines, penalties, or traffic/parking violations incurred after the Closing Date;
(c) Any failure by the Buyer to timely transfer the title and registration as required by Arkansas law; and
(d) Any claims by third parties arising from the Buyer's ownership or use of the Property after the Closing Date.
ARTICLE X — DISPUTE RESOLUTION
Section 10.1 — Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of Arkansas, including the Uniform Commercial Code as adopted in Ark. Code Ann. § 4-1-101 et seq., without regard to conflict of laws principles.
Section 10.2 — Dispute Resolution Method
In the event of any dispute arising out of or relating to this Agreement, the parties agree to the following resolution process:
Step 1 — Negotiation: The parties shall first attempt to resolve any dispute through good-faith negotiation within thirty (30) days of written notice of the dispute.
Step 2 — Mediation: If negotiation is unsuccessful, the parties agree to submit the dispute to non-binding mediation administered by a mutually agreed-upon mediator in [________________________________] County, Arkansas. The costs of mediation shall be shared equally.
Step 3 — Litigation or Arbitration (select one):
☐ Litigation: Any unresolved dispute shall be submitted to the Circuit Court of [________________________________] County, Arkansas, or the appropriate Arkansas district court, and each party consents to the exclusive jurisdiction and venue of such courts.
☐ Binding Arbitration: Any unresolved dispute shall be submitted to binding arbitration in [________________________________] County, Arkansas, conducted in accordance with the rules of the American Arbitration Association. The arbitrator's decision shall be final and binding, and judgment may be entered in any court of competent jurisdiction.
Section 10.3 — Attorneys' Fees
In any action or proceeding to enforce the terms of this Agreement, the prevailing party shall be entitled to recover reasonable attorneys' fees and costs from the non-prevailing party.
Section 10.4 — Statute of Limitations
Any legal action arising from this Agreement must be commenced within the applicable statute of limitations period. For sale of goods under the UCC, the limitation period is four (4) years pursuant to Ark. Code Ann. § 4-2-725.
ARTICLE XI — GENERAL PROVISIONS
11.1 Entire Agreement. This Agreement 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.
11.2 Amendments. This Agreement may not be modified, amended, or supplemented except by a written instrument signed by both parties.
11.3 Severability. If any provision of this Agreement is held to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect. The invalid provision shall be modified to the minimum extent necessary to make it valid and enforceable.
11.4 Waiver. The failure of either party to enforce any provision of this Agreement shall not be construed as a waiver of such provision or the right to enforce it at a later time.
11.5 Assignment. The Buyer may not assign this Agreement or any rights hereunder without the prior written consent of the Seller, except that the Buyer may assign this Agreement to a family trust or estate planning entity of which the Buyer is the primary beneficiary.
11.6 Notices. All notices required or permitted under this Agreement shall be in writing and shall be deemed delivered when personally delivered, sent by certified mail (return receipt requested), or sent by nationally recognized overnight courier to the addresses set forth in Article II.
11.7 Counterparts. This Agreement 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.
11.8 Binding Effect. This Agreement shall be binding upon and inure to the benefit of the parties and their respective heirs, executors, administrators, personal representatives, successors, and permitted assigns.
11.9 Headings. The article and section headings in this Agreement are for convenience of reference only and shall not affect the interpretation of this Agreement.
11.10 Time of the Essence. Time is of the essence with respect to all dates and time periods specified in this Agreement.
11.11 Survival. The representations, warranties, indemnification obligations, and dispute resolution provisions of this Agreement shall survive the closing and delivery of the Property.
11.12 Statute of Frauds Compliance. Pursuant to Ark. Code Ann. § 4-2-201, contracts for the sale of goods for a price of five hundred dollars ($500.00) or more must be evidenced by a writing sufficient to indicate that a contract for sale has been made, signed by the party against whom enforcement is sought. This Agreement satisfies the statute of frauds requirements.
ARTICLE XII — ARKANSAS-SPECIFIC PROVISIONS
Section 12.1 — Notarization
Arkansas does not require notarization for bills of sale or title transfers. The notary requirement was eliminated in 2011. However, notarization is recommended as it provides stronger legal protection should the authenticity of signatures be challenged.
Section 12.2 — Arkansas Lemon Law Disclaimer
The Arkansas New Motor Vehicle Quality Assurance Act (Ark. Code Ann. § 4-90-401 et seq.) applies ONLY to new motor vehicles purchased or leased in Arkansas for personal, family, or household purposes. The law provides protections during a Quality Assurance Period of 24 months from original delivery or the first 24,000 miles of operation, whichever occurs later. This law does NOT apply to used vehicle transactions. Buyers of used vehicles should rely upon the warranty terms selected in Article VI of this Agreement.
Section 12.3 — Odometer Fraud Penalties
Pursuant to Ark. Code Ann. § 4-90-203, it is a violation to:
- Disconnect, reset, alter, or cause to be disconnected, reset, or altered the odometer of any motor vehicle with the intent to change the number of miles indicated thereon;
- Operate a motor vehicle on any public road, street, or highway knowing that the odometer of such vehicle has been disconnected or is nonfunctional; or
- Advertise for sale, sell, use, or install on any motor vehicle any device that causes the odometer to register miles other than the true mileage driven.
Violations may result in civil liability for treble damages and criminal penalties including fines and imprisonment.
Section 12.4 — Consumer Protection
The Arkansas Deceptive Trade Practices Act (Ark. Code Ann. § 4-88-101 et seq.) protects buyers against unconscionable, false, or deceptive acts or practices in business, commerce, or trade. Sellers who knowingly conceal material defects, misrepresent the condition of property, or engage in fraudulent practices may be subject to civil penalties and liability for damages.
Section 12.5 — Gift Transactions
If this transaction involves a gift (no monetary consideration), the parties must still complete a bill of sale and title transfer. The sales tax exemption for gifts between immediate family members requires documentation of the family relationship. The DFA may request proof of the relationship.
Section 12.6 — Out-of-State Buyers
Buyers who reside outside Arkansas should be aware that:
- Arkansas sales tax applies at the point of sale within the state;
- The buyer's home state may credit Arkansas sales tax paid against the home state's use tax;
- Title and registration must be completed in the buyer's state of residence; and
- The buyer should verify home state requirements for out-of-state purchases.
Section 12.7 — Flood and Salvage Disclosure
Pursuant to Arkansas law, the Seller must disclose if the vehicle has a salvage, rebuilt, or flood-damaged title. Failure to disclose such title brands constitutes fraud and may subject the Seller to civil and criminal liability.
☐ The vehicle has a salvage history.
☐ The vehicle has a flood damage history.
☐ The vehicle has been rebuilt from a salvage title.
☐ The vehicle has NO salvage, flood, or rebuilt history.
ARTICLE XIII — 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. EACH PARTY REPRESENTS THAT HE OR SHE HAS THE LEGAL CAPACITY AND AUTHORITY TO ENTER INTO THIS AGREEMENT.
Seller's Signature
____________________________________________
Signature of Seller
Printed Name: [________________________________]
Date: [__/__/____]
Co-Seller's Signature (if applicable)
____________________________________________
Signature of Co-Seller
Printed Name: [________________________________]
Date: [__/__/____]
Buyer's Signature
____________________________________________
Signature of Buyer
Printed Name: [________________________________]
Date: [__/__/____]
Co-Buyer's Signature (if applicable)
____________________________________________
Signature of Co-Buyer
Printed Name: [________________________________]
Date: [__/__/____]
ARTICLE XIV — WITNESS ATTESTATION (Optional)
Arkansas does not require witnesses for a bill of sale, but witness signatures may provide additional evidentiary support.
Witness One
____________________________________________
Signature of Witness
Printed Name: [________________________________]
Address: [________________________________]
Date: [__/__/____]
Witness Two
____________________________________________
Signature of Witness
Printed Name: [________________________________]
Address: [________________________________]
Date: [__/__/____]
ARTICLE XV — NOTARY ACKNOWLEDGMENT (Optional but Recommended)
State of Arkansas
County of [________________________________]
Before me, the undersigned Notary Public, on this [____] day of [________________], 20[____], personally appeared:
Seller: [________________________________], 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.
Buyer: [________________________________], 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.
____________________________________________
Notary Public Signature
Printed Name: [________________________________]
My Commission Expires: [__/__/____]
Commission Number: [________________________________]
County of Commission: [________________________________]
[NOTARY SEAL]
ARTICLE XVI — SOURCES AND REFERENCES
Arkansas Statutory References
| Citation | Subject |
|---|---|
| Ark. Code Ann. § 4-2-101 et seq. | UCC Article 2 — Sales |
| Ark. Code Ann. § 4-2-201 | Statute of Frauds for Sale of Goods |
| Ark. Code Ann. § 4-2-312 | Warranty of Title and Against Infringement |
| Ark. Code Ann. § 4-2-313 | Express Warranties by Affirmation, Promise, Description, Sample |
| Ark. Code Ann. § 4-2-314 | Implied Warranty of Merchantability |
| Ark. Code Ann. § 4-2-315 | Implied Warranty of Fitness for Particular Purpose |
| Ark. Code Ann. § 4-2-316 | Exclusion or Modification of Warranties |
| Ark. Code Ann. § 4-2-509 | Risk of Loss in Absence of Breach |
| Ark. Code Ann. § 4-2-725 | Statute of Limitations in Contracts for Sale |
| Ark. Code Ann. § 4-59-101 | General Statute of Frauds |
| Ark. Code Ann. § 4-88-101 et seq. | Arkansas Deceptive Trade Practices Act |
| Ark. Code Ann. § 4-90-201 to 4-90-207 | Odometer Regulations |
| Ark. Code Ann. § 4-90-401 to 4-90-417 | New Motor Vehicle Quality Assurance Act (Lemon Law) |
| Ark. Code Ann. § 26-52-301 et seq. | Gross Receipts Tax (Sales Tax) |
| Ark. Code Ann. § 26-52-324 | Special Tax Rate for Used Motor Vehicles |
| Ark. Code Ann. § 26-53-126 | Compensating (Use) Tax on Motor Vehicles |
| Ark. Code Ann. § 27-14-901 et seq. | Transfers of Title and Registration |
| Ark. Code Ann. § 27-14-903 | Registration by Transferee — 30-Day Requirement |
| Ark. Code Ann. § 27-14-1001 et seq. | Certificate of Title Requirements |
| Ark. Code Ann. § 27-22-104 | Minimum Liability Insurance Requirements |
| 49 U.S.C. § 32705 | Federal Odometer Disclosure Requirements |
| 49 C.F.R. Part 580 | NHTSA Odometer Disclosure Rules |
Arkansas DFA Resources
- Arkansas DFA Motor Vehicle Division: https://www.dfa.arkansas.gov/office/motor-vehicle/
- MyDMV Online Portal: https://mydmv.arkansas.gov/
- Motor Vehicle Forms (including official Bill of Sale): https://www.dfa.arkansas.gov/office/motor-vehicle/motor-vehicle-forms/
- DFA Official Bill of Sale (PDF): https://www.dfa.arkansas.gov/wp-content/uploads/BillofSale.pdf
- Registration Fee Schedule: https://www.dfa.arkansas.gov/mydmv-service/registration-fee-schedule/
- State Sales and Use Tax Rates: https://www.dfa.arkansas.gov/office/taxes/excise-tax-administration/sales-use-tax/sales-use-tax-rates/state-sales-use-tax-rates/
- City and County Sales Tax Rates: https://www.dfa.arkansas.gov/office/taxes/excise-tax-administration/sales-use-tax/sales-use-tax-rates/city-and-county-sales-use-tax-rates/
DISCLAIMER: This Bill of Sale template is provided for informational and educational purposes only and does not constitute legal advice. The information contained herein is based on Arkansas law as of the date indicated above and may not reflect subsequent legislative changes or judicial interpretations. Users are strongly encouraged to consult with a licensed Arkansas attorney before executing this document. The template provider, ezel.ai, assumes no liability for the use of this template or any consequences arising from its use. All statutory citations should be verified for current applicability through the official Arkansas Code or the Arkansas General Assembly website.
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Last Updated: February 21, 2026
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A contract is a written record of what two or more parties agreed to and what happens if someone does not follow through. Clear language, defined terms, and clean signature blocks keep disputes small and enforceable. The most common mistakes in contracts come from vague promises, missing details about timing or payment, and skipping standard protective clauses like governing law and dispute resolution.
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Last updated: March 2026