Massachusetts Bill Sale Automobile With 0.260 M Radius

State:
Massachusetts
Control #:
MA-00431
Format:
Word; 
Rich Text
Instant download

Description

The Massachusetts Bill of Sale Automobile is a legal document used to formalize the transfer of ownership of a motor vehicle from a seller to a buyer. This form requires details such as the vehicle's make, model, body type, Vehicle Identification Number (VIN), and year, along with the sale price. Key features include a section for odometer disclosure, which is required by federal law to ensure transparency regarding the vehicle's mileage and to prevent fraud. Users must ensure accurate completion of both the Bill of Sale and the Odometer Disclosure Statement, including signatures from both parties and notarization to validate the transaction. This form is beneficial for attorneys and legal assistants in facilitating automobile sales, ensuring compliance with relevant laws and regulations. Owners and partners benefit from the protection it offers against potential claims or disputes regarding ownership. It serves as a crucial record for both buyers and sellers during the transfer process, making it a vital tool for effective vehicle transactions in Massachusetts.
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How to fill out Massachusetts Bill Of Sale Of Automobile And Odometer Statement?

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Bill of Sale

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FAQ

Massachusetts only requires a bill of sale to register a car if the car's age exempts it from titling. A vehicle with a model year of 1980 or earlier does not need a title, provided it was purchased before November 26, 1990. A bill of sale also verifies the sale and key vehicle data.

If you decide to write your own bill of sale, make sure to include the following information: Date of sale. Cost of vehicle purchase. Your full name and address. Buyer's full name and address. Vehicle's year, make, model, identification number and mileage. Acknowledgement of any liens held on the vehicle.

Sellers usually draft bills of sale, but a buyer is free to do so as well. You can use a state-drafted document when you buy or sell a boat, but for other transactions, you will need to create your own.

Be sure to have a proper title and bill of sale. All vehicles must have a certificate of title issued by the Registry of Motor Vehicles (RMV) and must be properly endorsed at the time of sale. Have the vehicle inspected at a licensed Massachusetts Inspection Station.

How to Sell a Car in Massachusetts: Laws, Paperwork, and Methods to Consider What You Will Need: Step 1 - Have Your Car Inspected for Major Problems. Step 2 - Locate Your Car Title. Step 3 - Find a Buyer. Step 4 - Give the Buyer a Bill of Sale. Step 5 - Sign the Title over to the Buyer. Step 6 - Report the Sale.

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Massachusetts Bill Sale Automobile With 0.260 M Radius