Md Odometer Statement Without License Plate

State:
Maryland
Control #:
MD-00431
Format:
Word; 
Rich Text
Instant download

Description

The Md Odometer Statement Without License Plate is an essential form designed for the sale of motor vehicles in Maryland. This statement serves to disclose the current mileage of the vehicle at the time of ownership transfer, ensuring compliance with federal and state laws. Users must accurately fill in the odometer reading and provide additional vehicle details like make, model, and VIN. The form includes options for the seller to indicate if the odometer reading is actual, exceeds mechanical limits, or is not accurate, ensuring transparency in the sale process. The completed document must be signed by both the seller and buyer and notarized for validity. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in vehicle transactions, as it helps prevent legal disputes related to odometer discrepancies. By utilizing this form, users can ensure that they meet legal requirements while facilitating a smooth vehicle transfer. It's crucial that the original document is submitted with the application for a certificate of title to finalize the transaction.
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  • Preview Bill of Sale of Automobile and Odometer Statement
  • Preview Bill of Sale of Automobile and Odometer Statement

How to fill out Maryland Bill Of Sale Of Automobile And Odometer Statement?

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Bill of Sale

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FAQ

Penalties. The maximum penalty for driving without registration is a hefty $500 fine and other potential restrictions on the individual's driver's license. This is a criminal misdemeanor charge that will be put on a person's criminal record.

An MVA ?Bill of Sale? A notarized MVA Bill of Sale is needed if the sale price is less than the vehicle's book value and the vehicle is 7 years old or newer.

Maryland law requires that you must return your license plates and get an MVA receipt before you cancel your vehicle or trailers insurance. A fine of $150 for the first month and $7 per day may be imposed until the issue is resolved.

Non-residents in Maryland can also register and title their car if they don't own a state license. Maryland law enforces the car owners to register and entitle their vehicles if they want to keep them there for more than 60 days.

You may apply for a clear title in person at any of the MVA's full-service branch offices or by mail to the MVA's title file unit. You must submit the Maryland Notice of Security Interest Filing (SIF) and/or the lien release letter you received, plus the current title for your vehicle.

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Md Odometer Statement Without License Plate