This is a form that may be used in Massachusetts when selling an automobile.
Car Bill Of Sale For Gift
Category:
State:
Massachusetts
Control #:
MA-01500BG
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Massachusetts Bill Of Sale Of Automobile - Selling Car?
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FAQ
The new vehicle owner: Will not pay state or local tax on a gift transaction; and. Cannot use or transfer the license plates that were on the vehicle at the time it was gifted (if applicable).
8 steps to take when giving a car as a gift Make sure you own the car. Ensure that the car is in good working condition. Create a bill of sale. Understand the state's title transfer process. Assign the title to the new owner. Fill out affidavit of motor vehicle gift transfer. Make sure all tax forms are in order.
In addition to completing Form 130-U, Application for Texas Title and/or Registration (PDF), both the donor and person receiving the motor vehicle must complete a required joint notarized Form 14-317, Affidavit of Motor Vehicle Gift Transfer, describing the transaction and the relationship between the donor and ...
Draft a Bill of Sale The person gifting the car and the recipient must both sign this document, and it should include the vehicle's make, model, and VIN. Additionally, have the current odometer reading and the vehicle's sale price (set to $0 in the case of a gift or if you inherited a car).
Washington-titled vehicles / vessels Proof of payment in Washington may be required. A statement of gift is required from the donor and does not need to be notarized. "Gift" written on the title as the purchase price is acceptable as the statement of gift.