With motor vehicles, an even-trade bill of sale is used to legally document the change of ownership in the motor vehicle in question. It usually involves items that hold the same value, doing away with any need to exchange money in the process. What Is Even Trade?Īn even trade is the exchange of one item for another. Most cases involve the trade-in of vehicles used in the purchase of a brand-new car. Even if there is no money passing between buyer and seller, one item’s value can count toward the price of the other, either reducing it or covering it in full. When two parties wish to trade items, they can legally document it with an even trade bill of sale. Even Trade Bill of Sale Example (Form 1957).How to Trade One Vehicle for Another with a Bill of Sale?. Landlord (Tenant) Recommendation Letter.
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