why do i need a bill of sales form with a promissory note I am purchasing a…

why do i need a bill of sales form with a promissory note
I am purchasing a vehicle from an independant owner and i am going to make payments to that person. my question is, Do i need both a bill of sales form and a promissory note or one or the other?

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  1. Re: why do i need a bill of sales form with a promissory note
    Yes, you should have both. A bill of sale from the seller to you should list all the elements of a contract such as price, subject matter, date, warranties, dates etc.
    The promissory note is the buyer’s obligation to pay at a certain time.

    David Slater
    David P. Slater, Esq.
    5154 Windsor Parke Dr.
    Boca Raton, FL 33496

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