Similarly, it protects the seller if the buyer causes damage or acts illegally with the ATV after the purchase, or if they are injured or die in an accident with it. The seller still owes money on the loan or has debts associated with it.It is discovered that the seller used it while engaging in illegal activity.After the sale occurs, the seller reports it as stolen.The buyer can use the bill of sale to defend themselves if the following occur with the ATV: It is needed for the titling and registering process in many states, as well. The form acts as a receipt as it shows how and when the sale occurred. It proves that the buyer is the rightful owner of the ATV and has paid for it in full.Ĭompleting and signing an ATV bill of sale is highly recommended for a few reasons. An ATV bill of sale is a document that is used to officially transfer the ownership of a four-wheeler.
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