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 With Payment Plan
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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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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...
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 .
Legally Selling the Vehicle To legally sell a vehicle, you must be the owner listed on the Certificate of Title. Every owner listed on the title must sign over the title in front of a notary public. EXCEPTION: notarization is not required for companies signing off a Montana title.
In fact, the State of Montana requires you to use their bill of sale. It must be notarized. You'll also need the vehicle's certificate of title or if you've moved from another state, the registration certificate from that state. You'll need proof of insurance as well.
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.