Monday 16 September 2013

Selling a travel trailer is much like selling a motor vehicle in most states. The trailer is personal property, even if it's parked on a permanent or seasonal site at a campground. It's simple to convey title to personal property, and the paperwork to do this is basic and doesn't require a lawyer or other professional.

Clear Title

    To sell your travel trailer, you must have a copy of the title, otherwise known as a certificate of ownership or "pink slip." The title to the trailer is proof that you own the trailer and have the right to sell it. The title must be clear, which means that any liens against the title by banks or other parties have been released. If you still owe money on the trailer, you must arrange with the finance company holding the lien to transfer clear title, either by you paying off the existing loan at the time of sale or by arranging a short sale with the lender. The seller transfers title by signing the title in the appropriate place.

Bill of Sale

    The bill of sale is the actual document that you use to convey ownership. States usually require that the new owner have one of these from the seller to register the travel trailer. The bill of sale describes the trailer being sold with a general description of the trailer, including the make and model, as well as the year. The bill of sale also includes the VIN of the trailer, as well as the total purchase price and terms of the sale. Terms may be cash on delivery, or payments made to the owner of the RV.

Inspection

    Your state may require an inspection of the travel trailer before it's sold. It may be a good idea to obtain this inspection even if it's not required to ensure that you're selling a safe travel trailer. Generally, safety systems such as brakes and axles should be inspected. The frame must be carefully inspected for cracks and breaks. The propane system may need to be tested for leaks and certified as well, requiring you to provide documentation of this for the new owner.

Other Considerations

    When you're preparing the bill of sale for your travel trailer, be certain to indicate that the sale of the travel trailer is as is, with no warranties express or implied. People may be aware of this when purchasing from a private individual, but it doesn't hurt to indicate this specifically.

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