Sample Bill Of Sale For Car In Michigan
Description
How to fill out Maryland Bill Of Sale For Automobile Or Vehicle Including Odometer Statement And Promissory Note?
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FAQ
A Michigan motor vehicle bill of sale sets forth all the details surrounding a vehicle's purchase and sale between a private buyer and seller. The State of Michigan requires a bill of sale, among other documentation, upon transferring a vehicle's title and registration from a previous owner to a new one.
Vehicle Sales: Bills of sale for automobiles, motorcycles, boats, and other vehicles are often required to be notarized to transfer ownership.
Do I need a notary stamp? No, Michigan does not require you to purchase a stamp. It is highly recommended, however, and most Michigan Notary stamp the documents they notarized in order to offer them legal protection.
Michigan Bill of Sale Requirements All bills of sale should clearly identify the seller, the buyer, the item being transferred, and all the details of the transaction, such as the price and date. Both the buyer and seller need to sign the bill of sale for it to be valid.
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.