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A Bill of Sale typically includes:The full names and contact information of the buyer and seller.A statement that transfers ownership of the item from the seller to the buyer.A complete description of the item being purchased.A clause indicating the item is sold "as-is"The item's price (including sales tax)More items...
How Do I Write a Maryland Bill of Sale?Their legal names.The date of the bill of sale.Certain information about the item being sold.The amount the item was sold for.The signatures of the involved parties.In some instances, the bill of sale may also need to be notarized.
Maryland Title Transfer RequirementsExercise tax (based on purchase price, age and mileage).Proof of auto insurance.Apply and pay required $50 titling fee.Apply for Certificate of Title (when the title originally come from another state).Submit a Certificate of Inspection (if possible) and lastly,More items...
To transfer the out-of-state vehicle's title:Register the motor vehicle with the MVA within 60 days of the move.Apply for an MD vehicle title and registration.Prepare and submit the required documentation in person or by mail.Submit all applicable payments for the vehicle title and tag fees, as well as state taxes.
On the Maryland Certificate of Title there is a space for the purchase price, and you will not need a bill of sale, unless the vehicle is 7 years old or newer and the vehicle is being sold for less than the book value.