Michigan Automobile Bill Of Sale With Promissory Note
Description
How to fill out Michigan Automobile Bill Of Sale Package?
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FAQ
Michigan Vehicle Bill of Sale. Vehicle bills of sale in Michigan do not require notarization. However, whether your document is hand-drafted or pre-printed, it should contain the following criteria: The names, contact information, and signatures of the buyer and the seller.
Vehicle bills of sale in Michigan do not require notarization. However, whether your document is hand-drafted or pre-printed, it should contain the following criteria: The names, contact information, and signatures of the buyer and the seller. Warranty information (if applicable)
A promissory note can be used for different types of loans such as a mortgage, student loan, car loan, business loan or personal loan.
When you write the promissory note, make sure to contain the following information:Name and address of the borrower and lender.Model, year, make, and VIN of the vehicle.Loan amount, interest rate, length of the loan, and maturity date.Late fees and penalties.Collateral information.Odometer reading.More items...
If you choose to fill out a bill of sale, the following information is needed:A description of the vehicle (make, model, year)Vehicle identification number (VIN)Warranty information.Final sale price.Names of the buyer and seller.The county and state where the vehicle was bought or sold.