Virginia Bill of Sale
When you buy or sell a vehicle in Virginia, it is required to complete a Bill of Sale. In doing so, you have created an official record of the transaction. Two copies are required, one for the buyer and one for the seller. When proof of the transaction is required later in the future, the Bill of Sale will act as the receipt to show.
It is the seller's responsibility to fill it out, and the following must be included: date of the sale, the names and addresses of both parties and a few other pertinent pieces of information. It is recommended to use the Bill of Sale template provided by the Virginia Department of Transportation: http://www.dmv.virginia.gov/webdoc/pdf/sut1.pdf.