This form is a bill of sale of an automobile. The seller(s) guarantees that the automobile is his/her/their property and is free of all claims and offsets of any kind. The bill of sale also states that the automobile is sold "as-is" without any warranties, express or implied. A separate Odometer Disclosure Statement is included with the bill of sale.
Montana Bill Of Sale For Title
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How to fill out Montana Bill Of Sale Of Automobile And Odometer Statement For As-Is Sale?
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The Bill of Sale provides a legal record of the transaction acting as a proof of purchase and proof of a release of liability. A Bill of Sale is required in Montana if the vehicle's title is missing. You will need to submit the Bill of Sale along with your application for a duplicate title.
Tips for filling out the title to sign it over to the buyer:The buyer's name and address must be written on the title, per Montana law. Sellers need to complete the odometer (mileage) disclosure. The mileage must be disclosed on any vehicle with a model year of 2011 or newer.
A bill of sale does not replace a Montana title. If the vehicle's title has been lost or destroyed, you will need to obtain a new one by completing an Application for Replacement Certificate of Title (Form MV7) download as pdf .
To fill out a car title transfer when selling your vehicle, make sure you have the title or apply for a duplicate from the DMV. Once you secure the title, fill out the transfer form, including the names of the buyers and sellers, date of sale, price, vehicle identification number, and odometer reading.
To start the transfer process, the seller or current holder of title must assign title over to the buyer, with a notarized signature. The buyer and seller also need to create a valid bill of sale that states the sales price and details of the transaction.