Colorado Bill of Sale

COLORADO BILL OF SALE

State of Colorado

DOCUMENT INFORMATION

ARTICLE I — PARTIES

SECTION 1.1 — SELLER

SECTION 1.2 — BUYER

SECTION 1.3 — ADDITIONAL PARTIES (IF APPLICABLE)

ARTICLE II — DEFINITIONS

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

2.1 "Property" means the personal property described in Article IV of this Bill of Sale, including all accessories, attachments, appurtenances, and component parts, whether tangible or intangible, transferred from Seller to Buyer hereunder.

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

2.3 "Effective Date" means the date on which this Bill of Sale is fully executed by both parties and delivery of the Property is tendered to Buyer, as indicated in the Document Information section above.

2.4 "Encumbrance" means any lien, mortgage, security interest, pledge, claim, charge, easement, restriction, covenant, condition, option, right of first refusal, or other encumbrance of any kind whatsoever affecting the Property or the title thereto.

2.5 "Vehicle" means any self-propelled device in, upon, or by which any person or property is or may be transported or drawn upon a public highway, as defined under C.R.S. § 42-1-102.

2.6 "Seller" means the party or parties identified in Section 1.1 who transfer ownership of the Property to Buyer under this Bill of Sale.

2.7 "Buyer" means the party or parties identified in Section 1.2 who receive ownership of the Property from Seller under this Bill of Sale.

2.8 "Bill of Sale" or "Agreement" means this document and all attachments, exhibits, addenda, and amendments hereto.

2.9 "Good Faith" means honesty in fact and the observance of reasonable commercial standards of fair dealing, as defined under C.R.S. § 4-1-201(b)(20).

2.10 "As-Is Condition" means the Property is sold in its present state and condition, without any warranties, express or implied, except as specifically set forth herein, and subject to the limitations and disclaimers provided by the Colorado Uniform Commercial Code.

2.11 "Certificate of Title" means the official document issued by the Colorado Department of Revenue, Division of Motor Vehicles, evidencing ownership of a motor vehicle, as referenced in C.R.S. § 42-6-101 et seq.

ARTICLE III — SALE AND TRANSFER OF PROPERTY

SECTION 3.1 — CONVEYANCE

For and in consideration of the Purchase Price and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Seller does hereby sell, assign, transfer, convey, and deliver to Buyer, and Buyer does hereby purchase and accept from Seller, all of Seller's right, title, and interest in and to the Property described in Article IV below, free and clear of all Encumbrances except as specifically disclosed in Article VIII of this Bill of Sale.

SECTION 3.2 — WHAT IS INCLUDED

Unless expressly excluded below, this conveyance includes all of the following associated with the Property:

• All accessories, attachments, tools, manuals, and component parts
• All keys, remote controls, and electronic access devices
• All existing warranties, to the extent transferable
• All records, maintenance logs, service history, and documentation
• All certificates of title, certificates of origin, and registration documents

SECTION 3.3 — EXCLUSIONS

The following items are expressly excluded from this sale and transfer:

[________________________________]

[________________________________]

☐ No exclusions; all items associated with the Property are included.

ARTICLE IV — PROPERTY DESCRIPTION

SECTION 4.1 — PROPERTY TYPE

Select the type of property being conveyed (check all that apply):

☐ Motor Vehicle (automobile, truck, SUV, van)
☐ Motorcycle
☐ Recreational Vehicle (RV / motorhome)
☐ Trailer (utility, boat, horse, travel)
☐ Watercraft / Boat
☐ All-Terrain Vehicle (ATV) / Off-Highway Vehicle (OHV)
☐ Farm Equipment / Heavy Machinery
☐ Aircraft
☐ Furniture and Household Goods
☐ Electronics and Appliances
☐ Business Equipment / Inventory
☐ Firearms (subject to additional federal and state requirements)
☐ Livestock / Animals
☐ Other Personal Property: [________________________________]

SECTION 4.2 — MOTOR VEHICLE DESCRIPTION

(Complete this section only if the Property includes a motor vehicle, motorcycle, or similar titled vehicle.)

Odometer Reading at Time of Sale: [________________________________] miles

Odometer Disclosure (check one):

☐ The odometer reading stated above reflects the actual mileage of the vehicle.

☐ The odometer reading stated above 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 of the vehicle. WARNING: ODOMETER DISCREPANCY.

☐ This vehicle is exempt from odometer disclosure requirements because:
☐ The vehicle is model year 2010 or older
☐ The vehicle has a gross vehicle weight rating (GVWR) over 16,000 lbs.
☐ The vehicle is a non-motorized trailer
☐ The vehicle is a low-speed vehicle (LSV), scooter, or moped

FEDERAL AND STATE NOTICE: Federal law (49 U.S.C. § 32705) and Colorado law (C.R.S. § 42-6-202) make it a crime to tamper with an odometer, to provide a false odometer reading, or to fail to disclose the actual mileage. Any person who violates these provisions may be subject to criminal penalties, including fines and imprisonment, and civil liability for treble damages under federal law.

SECTION 4.3 — TITLE BRAND DISCLOSURE

Does the vehicle carry any title brand?

☐ No — The vehicle title is clean with no brands or designations.

☐ Yes — The vehicle title carries the following brand(s) (check all that apply):

☐ Salvage
☐ Rebuilt from Salvage
☐ Flood Damage
☐ Fire Damage
☐ Hail Damage
☐ Junk
☐ Odometer Tampering / Rollback
☐ Lemon Law Buyback
☐ Manufacturer Buyback
☐ Prior Taxi / Police / Government Use
☐ Recovered Theft
☐ Other: [________________________________]

Description of Damage / Brand History:

[________________________________]

[________________________________]

COLORADO NOTICE: Pursuant to C.R.S. § 42-6-206, any owner or dealer must disclose any title brand prior to sale or trade of a motor vehicle. A seller who transfers a vehicle rebuilt from salvage must prepare a disclosure affidavit stating that the vehicle was rebuilt from salvage and describing the nature of the damage. Failure to provide this disclosure is a misdemeanor, and the buyer shall be entitled to a full and immediate refund of the purchase price. The Colorado DR 2710 Branded Title Disclosure Statement may be required.

SECTION 4.4 — GENERAL PERSONAL PROPERTY DESCRIPTION

(Complete this section for all non-titled personal property.)

Detailed Description of Property:

(Attach additional pages if necessary and incorporate by reference herein.)

Total Estimated Value of Personal Property: $ [________________________________]

ARTICLE V — PURCHASE PRICE AND PAYMENT

SECTION 5.1 — PURCHASE PRICE

SECTION 5.2 — PAYMENT METHOD

☐ Cash — Full payment received at time of execution.

☐ Certified Check / Cashier's Check — Check No.: [________________________________] drawn on [________________________________] Bank.

☐ Personal Check — Check No.: [________________________________] drawn on [________________________________] Bank. (Title transfer may be delayed until check clears.)

☐ Wire Transfer / ACH — Confirmation No.: [________________________________], transferred on [__/__/____].

☐ Money Order — Money Order No.: [________________________________], issued by [________________________________].

☐ Credit / Debit Card — Transaction approved on [__/__/____]. (Subject to processing fees.)

☐ Cryptocurrency — Type: [________________________________]; Transaction Hash: [________________________________].

☐ Trade / Barter — Description of goods or services exchanged: [________________________________]

☐ Installment Payments — See Section 5.3 below.

☐ Combination — Describe: [________________________________]

SECTION 5.3 — INSTALLMENT PAYMENT SCHEDULE

(Complete only if installment payments are selected above.)

Total Installment Amount: $ [________________________________]

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

Late Payment Penalty: A late fee of $ [________________________________] or [____] % of the overdue installment (whichever is greater) shall be assessed for any payment not received within [____] calendar days of the due date.

Default Provisions: If Buyer fails to make any installment payment within [____] calendar days of its due date, Seller may, at Seller's sole option: (a) declare the entire unpaid balance immediately due and payable; (b) repossess the Property in accordance with C.R.S. § 4-9-609 (secured transactions — right to take possession after default); and/or (c) pursue all remedies available at law or in equity.

Security Interest: Until the full Purchase Price is paid, Seller retains a security interest in the Property pursuant to Colorado UCC Article 9 (C.R.S. § 4-9-101 et seq.), and Buyer shall execute all documents necessary to perfect such security interest, including a UCC-1 Financing Statement.

ARTICLE VI — WARRANTIES AND REPRESENTATIONS

SECTION 6.1 — SELLER'S REPRESENTATIONS

Seller represents and warrants to Buyer that, as of the Effective Date:

(a) Seller is the lawful owner of the Property and has full right, power, and authority to sell and transfer the Property to Buyer;

(b) The Property is free and clear of all Encumbrances except as expressly disclosed in Article VIII;

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

(d) Seller has not received any notice of any violation of any federal, state, or local law, regulation, or ordinance relating to the Property;

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

(f) If the Property is a motor vehicle, the odometer disclosure in Section 4.2 is true and accurate;

(g) If the Property is a motor vehicle, Seller has disclosed all known title brands pursuant to C.R.S. § 42-6-206 and has provided the DR 2710 Branded Title Disclosure Statement if applicable.

SECTION 6.2 — WARRANTY ELECTION

Select the warranty status for this sale (check one):

☐ AS-IS, WHERE-IS SALE — THE PROPERTY IS SOLD IN ITS PRESENT CONDITION, WITH ALL FAULTS AND DEFECTS, WHETHER KNOWN OR UNKNOWN, LATENT OR PATENT. SELLER MAKES NO WARRANTIES, REPRESENTATIONS, OR GUARANTEES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY (C.R.S. § 4-2-314) AND FITNESS FOR A PARTICULAR PURPOSE (C.R.S. § 4-2-315). BUYER ACKNOWLEDGES THAT BUYER HAS INSPECTED THE PROPERTY OR HAS HAD THE OPPORTUNITY TO INSPECT THE PROPERTY AND ACCEPTS THE PROPERTY IN ITS CURRENT CONDITION. THIS DISCLAIMER IS MADE IN ACCORDANCE WITH C.R.S. § 4-2-316.

COLORADO UCC NOTICE: To effectively exclude implied warranties under Colorado law, the disclaimer must be conspicuous (C.R.S. § 4-2-316). An "as is" or "with all faults" designation is generally sufficient to exclude all implied warranties.

☐ LIMITED WARRANTY — Seller warrants the Property against defects in materials and workmanship for a period of:

☐ 30 days ☐ 60 days ☐ 90 days ☐ 6 months ☐ 1 year ☐ Other: [____]

from the Effective Date, subject to the following terms and conditions:

[________________________________]

[________________________________]

[________________________________]

This limited warranty does not cover damage caused by misuse, neglect, accident, unauthorized modification, or normal wear and tear.

☐ EXPRESS WARRANTY — Seller makes the following express warranties regarding the Property (per C.R.S. § 4-2-313):

[________________________________]

[________________________________]

[________________________________]

These warranties are made in addition to, and do not limit, any implied warranties that may exist under Colorado law unless expressly disclaimed above.

SECTION 6.3 — BUYER'S REPRESENTATIONS

Buyer represents and warrants to Seller that:

(a) Buyer has had a reasonable opportunity to inspect the Property prior to purchase;

(b) Buyer is purchasing the Property based upon Buyer's own inspection and judgment, and not upon any representation by Seller except as expressly set forth in this Bill of Sale;

(c) Buyer has the legal capacity and authority to enter into this transaction;

(d) Buyer will comply with all applicable federal, state, and local laws regarding the registration, licensing, and use of the Property.

ARTICLE VII — TITLE AND OWNERSHIP

SECTION 7.1 — DELIVERY OF TITLE

Seller shall deliver to Buyer, at the time of execution of this Bill of Sale or within [____] business days thereafter, a duly executed Certificate of Title (if applicable) or other instruments of transfer sufficient to convey clear title to the Property to Buyer.

SECTION 7.2 — PASSAGE OF TITLE

Title to the Property shall pass from Seller to Buyer upon full execution of this Bill of Sale and payment of the Purchase Price (or the down payment, if installment terms apply and a security interest is retained), in accordance with C.R.S. § 4-2-401.

SECTION 7.3 — RISK OF LOSS

Risk of loss of or damage to the Property shall pass from Seller to Buyer upon Buyer's taking physical possession of the Property, in accordance with C.R.S. § 4-2-509. Neither party shall be liable for loss or damage to the Property caused by events occurring after the transfer of risk of loss to the other party.

ARTICLE VIII — ENCUMBRANCES AND LIENS

SECTION 8.1 — NO-LIEN REPRESENTATION

☐ Seller represents and warrants that the Property is free and clear of all liens, security interests, encumbrances, and claims of any kind, and that no financing statement or other filing is in effect with respect to the Property.

SECTION 8.2 — DISCLOSED ENCUMBRANCES

☐ Seller discloses the following existing Encumbrances on the Property:

Payoff Arrangement:

☐ Seller shall pay off all disclosed liens in full prior to or simultaneously with the closing of this transaction and shall provide Buyer with written lien release documentation within [____] business days.

☐ Buyer assumes the outstanding balance of the above-referenced lien(s) as part of the Purchase Price and agrees to make all future payments directly to the lienholder(s).

☐ Other arrangement: [________________________________]

SECTION 8.3 — SELLER'S OBLIGATION

Seller shall indemnify, defend, and hold Buyer harmless from and against any and all claims, liens, encumbrances, losses, damages, costs, and expenses (including reasonable attorney's fees) arising out of or related to any Encumbrance on the Property not disclosed in this Article VIII.

ARTICLE IX — VEHICLE-SPECIFIC PROVISIONS

(This Article applies only when the Property includes a motor vehicle or other titled vehicle. If no vehicle is involved, this Article may be disregarded.)

SECTION 9.1 — COLORADO TITLE TRANSFER REQUIREMENTS

(a) Seller shall properly execute the assignment of title on the reverse side of the Certificate of Title and deliver the same to Buyer, in accordance with C.R.S. § 42-6-109 and § 42-6-110.

(b) Buyer shall present the assigned Certificate of Title, together with an application for a new Certificate of Title, to the Colorado Division of Motor Vehicles or an authorized county clerk and recorder's office within sixty (60) days of the date of sale, as required by C.R.S. § 42-6-110.

(c) A bill of sale identifying the vehicle by year, make, and VIN, showing the date and time of sale, and signed by both the buyer and seller is required for title transfer in Colorado.

(d) Seller may voluntarily report the transfer of ownership to the Colorado Division of Motor Vehicles within five (5) days of transfer to limit Seller's liability for any actions involving the vehicle after the sale, pursuant to C.R.S. § 42-6-110.

SECTION 9.2 — ODOMETER DISCLOSURE

The federal Truth in Mileage Act (49 U.S.C. § 32705) and Colorado Revised Statutes (C.R.S. § 42-6-202) require odometer disclosure at the time of vehicle transfer. The odometer reading and disclosure statement in Section 4.2 are incorporated herein. Odometer disclosure may be completed on the Certificate of Title itself or on the Colorado DR 2173 Motor Vehicle Bill of Sale form (a secure document available through authorized vendors approved by the Colorado Department of Revenue).

Vehicles Exempt from Odometer Disclosure in Colorado:

• Model year 2010 or older
• Gross vehicle weight rating (GVWR) over 16,000 lbs.
• Non-motorized vehicles (trailer-type)
• Low-speed vehicles (LSV), scooters, and mopeds

Penalties: Violation of odometer disclosure requirements is a class 2 misdemeanor under C.R.S. § 42-6-202. Federal penalties may include fines of up to $110,000 per violation and imprisonment.

SECTION 9.3 — EMISSIONS TESTING REQUIREMENTS

Colorado requires emissions testing for vehicles registered in the Denver metropolitan area and North Front Range. The following counties are subject to the Colorado Air Quality Control Commission's emissions testing program:

Full Program Counties: Boulder, Broomfield, Denver, Douglas, Jefferson

Partial Program Counties: Adams, Arapahoe, Larimer, Weld (certain areas)

2026 Requirements Upon Transfer of Ownership:

• Gasoline vehicles: Emissions test required if ownership of a model year 2020 or newer vehicle is transferred.
• Diesel vehicles: Emissions test required if ownership of a model year 2023 or newer vehicle is transferred.

Emissions Test Status (check one):

☐ Emissions test completed. Test Date: [__/__/____] Result: ☐ Pass ☐ Fail

☐ Emissions test not required (vehicle exempt or registered outside program area).

☐ Emissions test is required and is Buyer's responsibility prior to registration.

NOTE: Beginning in 2026, Colorado offers 24/7 self-service OBD testing kiosks at various locations along the Front Range. Visit the Colorado Department of Public Health and Environment or the Colorado DMV for testing locations.

SECTION 9.4 — COLORADO SALES AND USE TAX

Motor vehicle sales in Colorado are subject to state and local sales/use tax, collected at the time of title and registration:

NOTE: Sales/use tax is calculated on the purchase price and is typically collected by the county clerk and recorder's office at the time of title and registration. The buyer is responsible for payment of all applicable taxes. Gift transfers may qualify for a tax exemption with a completed gift affidavit. Tax rates are subject to change; verify current rates with the Colorado Department of Revenue at tax.colorado.gov.

Tax Responsibility:

☐ Buyer is responsible for payment of all applicable sales/use taxes at time of registration.

☐ Seller has collected sales tax in the amount of $ [________________________________] and will remit to the appropriate taxing authority.

☐ This transaction is exempt from sales/use tax. Reason: [________________________________]

SECTION 9.5 — LICENSE PLATES

Under Colorado law (SB21-069), license plates for Class B and Class C motor vehicles expire upon transfer of the owner's title or interest in the vehicle. License plates generally may not be transferred between vehicles.

☐ Seller will remove and retain all license plates. Buyer will obtain new plates at time of registration.

☐ Seller will remove and surrender plates to the Colorado Division of Motor Vehicles.

☐ Plates are exempt from the reissue program (personalized, distinctive special, group special, or alumni plates) and may be transferred.

SECTION 9.6 — DR 2173 MOTOR VEHICLE BILL OF SALE FORM

The Colorado DR 2173 is a secure Motor Vehicle Bill of Sale form issued by the Colorado Department of Revenue, Division of Motor Vehicles. It may be used to document the sale and record odometer disclosure. The DR 2173 is a secure form that must be purchased through authorized vendors approved by the Colorado Department of Revenue. This Bill of Sale may be used in conjunction with or in lieu of the DR 2173 for private party transactions, provided all required disclosures are included.

SECTION 9.7 — COLORADO LEMON LAW NOTICE

Colorado's Lemon Law (C.R.S. § 42-10-101 through 42-10-107) applies to new self-propelled vehicles with a manufacturer's warranty. If a new vehicle has a defect that substantially impairs its use, market value, or safety, and the defect is not repaired after a reasonable number of attempts within the first 24,000 miles or two (2) years (whichever comes first), the consumer may be entitled to a replacement vehicle or a full refund of the purchase price. The Colorado Lemon Law does not apply to used vehicles sold between private parties.

ARTICLE X — INDEMNIFICATION

SECTION 10.1 — SELLER'S INDEMNIFICATION

Seller shall indemnify, defend, and hold harmless Buyer and Buyer's heirs, successors, and assigns from and against any and all claims, demands, liabilities, damages, losses, costs, and expenses (including reasonable attorney's fees and court costs) arising out of or in connection with:

(a) Any Encumbrance, lien, or claim against the Property existing prior to the Effective Date that was not disclosed in this Bill of Sale;

(b) Any breach of Seller's representations or warranties contained in this Bill of Sale;

(c) Any defect in Seller's title to the Property;

(d) Any claim by a third party arising from Seller's ownership, use, or possession of the Property prior to the Effective Date;

(e) Any violation of federal or Colorado law by Seller related to the transfer of the Property, including but not limited to odometer fraud, failure to disclose title brands, or deceptive trade practices under C.R.S. § 6-1-105.

SECTION 10.2 — BUYER'S INDEMNIFICATION

Buyer shall indemnify, defend, and hold harmless Seller and Seller's heirs, successors, and assigns from and against any and all claims, demands, liabilities, damages, losses, costs, and expenses (including reasonable attorney's fees and court costs) arising out of or in connection with:

(a) Buyer's ownership, use, operation, or possession of the Property after the Effective Date;

(b) Any breach of Buyer's representations or warranties contained in this Bill of Sale;

(c) Any failure by Buyer to properly register, title, license, or insure the Property after the Effective Date.

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 Colorado, including the Colorado Uniform Commercial Code (C.R.S. Title 4) and the Colorado Consumer Protection Act (C.R.S. § 6-1-101 et seq.), without regard to conflict of laws principles.

SECTION 11.2 — VENUE

Any legal action or proceeding arising out of or relating to this Bill of Sale shall be brought exclusively in the state or federal courts located in the County of [________________________________], State of Colorado, and each party irrevocably submits to the jurisdiction of such courts.

SECTION 11.3 — DISPUTE RESOLUTION METHOD

In the event of any dispute arising out of or relating to this Bill of Sale, the parties agree to the following process (check one):

☐ Litigation — The parties shall resolve disputes through the court system as provided in Section 11.2.

☐ Mediation First, Then Litigation — The parties shall first attempt to resolve any dispute through good faith mediation before a neutral mediator mutually agreed upon by the parties. Mediation shall take place in [________________________________] County, Colorado. If mediation fails to resolve the dispute within [____] days, either party may proceed with litigation.

☐ Binding Arbitration — Any dispute shall be resolved by binding arbitration conducted in [________________________________] County, Colorado, in accordance with the rules of the American Arbitration Association. The arbitrator's decision shall be final and enforceable in any court of competent jurisdiction.

☐ Mediation First, Then Binding Arbitration — The parties shall first attempt mediation. If mediation fails within [____] days, the dispute shall be submitted to binding arbitration as described above.

SECTION 11.4 — ATTORNEY'S FEES

In any action or proceeding to enforce this Bill of Sale, the prevailing party shall be entitled to recover reasonable attorney's fees and costs from the non-prevailing party.

SECTION 11.5 — STATUTE OF LIMITATIONS

Any action for breach of a contract for sale of goods must be commenced within four (4) years after the cause of action accrues, in accordance with C.R.S. § 4-2-725. The parties may reduce the period of limitation to not less than one (1) year by agreement:

☐ The parties agree to the statutory four (4) year limitation period.

☐ The parties agree to a reduced limitation period of [____] year(s), but not less than one (1) year.

ARTICLE XII — GENERAL PROVISIONS

SECTION 12.1 — ENTIRE AGREEMENT

This Bill of Sale, together with all exhibits and attachments hereto, 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 Seller and Buyer.

SECTION 12.3 — SEVERABILITY

If any provision of this Bill of Sale is held by a court of competent jurisdiction to be invalid, illegal, or unenforceable, such provision shall be modified to the minimum extent necessary to make it enforceable, or if it cannot be so modified, it shall be severed from this Bill of Sale, and the remaining provisions shall continue in full force and effect.

SECTION 12.4 — WAIVER

No waiver of any provision of this Bill of Sale shall be effective unless in writing and signed by the party granting the waiver. No failure or delay in exercising any right under this Bill of Sale shall constitute a waiver of that right.

SECTION 12.5 — 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. Electronic signatures and facsimile signatures shall be deemed original signatures for all purposes.

SECTION 12.6 — BINDING EFFECT

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

SECTION 12.7 — NOTICES

All notices required or permitted under this Bill of Sale shall be in writing and shall be deemed delivered when: (a) delivered personally; (b) sent by certified or registered mail, return receipt requested, postage prepaid; (c) sent by a nationally recognized overnight courier service; or (d) sent by email with confirmation of receipt, to the addresses set forth in Article I.

SECTION 12.8 — FORCE MAJEURE

Neither party shall be liable for any failure or delay in performance under this Bill of Sale due to circumstances beyond such party's reasonable control, including but not limited to acts of God, fire, flood, earthquake, pandemic, war, terrorism, government action, or labor disputes.

SECTION 12.9 — SURVIVAL

The representations, warranties, covenants, indemnification obligations, and dispute resolution provisions contained in this Bill of Sale shall survive the execution and delivery of this Bill of Sale and the transfer of the Property.

ARTICLE XIII — COLORADO-SPECIFIC PROVISIONS

SECTION 13.1 — COLORADO UNIFORM COMMERCIAL CODE

This transaction is governed by the Colorado Uniform Commercial Code, Title 4 of the Colorado Revised Statutes, including:

• C.R.S. § 4-2-201 — Statute of Frauds: Contracts for the sale of goods valued at $500 or more must be in writing to be enforceable.
• C.R.S. § 4-2-312 — Warranty of Title: Unless otherwise agreed, a seller warrants that the title conveyed shall be good and the transfer rightful, and that the goods shall be delivered free from any security interest or encumbrance of which the buyer was not aware at the time of contracting.
• C.R.S. § 4-2-314 — Implied Warranty of Merchantability: Goods must be fit for the ordinary purposes for which such goods are used, be of fair average quality, and conform to the promises or affirmations of fact on the label or container.
• C.R.S. § 4-2-315 — Implied Warranty of Fitness for Particular Purpose: Where the seller has reason to know a particular purpose for which the goods are required and the buyer relies on the seller's skill or judgment, there is an implied warranty that the goods shall be fit for such purpose.
• C.R.S. § 4-2-316 — Exclusion of Warranties: To exclude the implied warranty of merchantability, the language must mention "merchantability" and, in a writing, must be conspicuous. To exclude the implied warranty of fitness, the exclusion must be in writing and conspicuous. Language such as "as is" or "with all faults" is sufficient to exclude all implied warranties.

SECTION 13.2 — COLORADO CONSUMER PROTECTION ACT

Pursuant to C.R.S. § 6-1-105, it is unlawful to engage in deceptive trade practices in the course of business, including knowingly making false representations regarding the source, quality, condition, or characteristics of goods. Violations may result in civil penalties and treble damages.

SECTION 13.3 — COLORADO MOTOR VEHICLE TITLE LAW

The following Colorado statutes govern the transfer of motor vehicle titles:

• C.R.S. § 42-6-109 — Requires formal transfer upon sale of a vehicle for which a certificate of title has been issued.
• C.R.S. § 42-6-110 — Requires the purchaser to apply for a new certificate of title within sixty (60) days of purchase.
• C.R.S. § 42-6-136.5 — Establishes salvage title requirements and procedures.
• C.R.S. § 42-6-202 — Prohibits odometer tampering and false odometer disclosure; class 2 misdemeanor.
• C.R.S. § 42-6-206 — Requires disclosure upon transfer of a salvage vehicle; failure to comply entitles buyer to a full refund.

SECTION 13.4 — COLORADO EMISSIONS COMPLIANCE

Pursuant to regulations adopted by the Colorado Air Quality Control Commission and administered by the Colorado Department of Public Health and Environment, certain motor vehicles registered in the Denver metropolitan area and North Front Range must undergo emissions inspection upon change of ownership. Failure to obtain a required emissions test may result in the inability to register the vehicle in applicable counties.

SECTION 13.5 — GIFT TRANSFERS

If this Bill of Sale documents a gift (no monetary consideration exchanged), the parties must complete a gift affidavit for the county clerk and recorder's office. Gift transfers between immediate family members may qualify for sales/use tax exemption. The Buyer is still responsible for title and registration fees.

☐ This is a gift transfer. Relationship: [________________________________]

ARTICLE XIV — SIGNATURES

By signing below, the parties acknowledge that they have read this Bill of Sale in its entirety, understand its terms and conditions, agree to be bound by its provisions, and have executed this Bill of Sale voluntarily and without duress or undue influence.

SELLER

CO-SELLER (IF APPLICABLE)

BUYER

CO-BUYER (IF APPLICABLE)

ARTICLE XV — WITNESS ATTESTATION

We, the undersigned witnesses, hereby attest that we were present at the signing of this Bill of Sale, that the parties signed voluntarily and appeared to understand the document, and that the parties appeared to be of sound mind and under no duress.

WITNESS 1

WITNESS 2

ARTICLE XVI — NOTARY ACKNOWLEDGMENT

STATE OF COLORADO

COUNTY OF [________________________________]

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

[________________________________] (Seller)

and

[________________________________] (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.

WITNESS my hand and official seal.

[NOTARIAL SEAL]

NOTE: Colorado does not require notarization of a bill of sale for motor vehicle transfers. However, notarization is recommended to deter fraud and may be required by certain lending institutions or for out-of-state title transfers. Colorado notary fees are set by the Colorado Secretary of State.

ARTICLE XVII — SOURCES AND REFERENCES

Colorado Revised Statutes (C.R.S.)

Federal Statutes and Regulations

Colorado State Resources

This template is provided by ezel.ai for informational and educational purposes only. It does not constitute legal advice. Laws, regulations, and tax rates change frequently. Users should verify all statutory citations and current requirements with the Colorado Department of Revenue, the Colorado Division of Motor Vehicles, and/or a licensed Colorado attorney before executing this document. Ezel.ai assumes no responsibility or liability for the use of this template.

Last Updated: February 21, 2026