This form is a generic Bill of Sale for a Four Wheeler (ATV) from an individual rather than from a dealer. No warranty is being made as to its condition.
Bill Of Sale Form For Atv With Deposit In Wayne
Category:
State:
Multi-State
County:
Wayne
Control #:
US-00461BG
Format:
Word;
Rich Text
Instant download
Description
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FAQ
Understanding Michigan ATV Insurance This insurance is crucial because ATVs are not typically covered under standard auto or homeowners insurance policies. Michigan law requires all ATV owners to have liability insurance at the very least.
A multitrack or multiwheel drive vehicle, a motorcycle or related 2-wheel vehicle, a vehicle with 3 or more wheels, an amphibious machine, a ground effect air cushion vehicle, or other means of transportation may be an ORV. An ATV is an ORV.
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.
A bill of sale cannot be used to transfer vehicle ownership for a vehicle that requires a certificate of title by law.
A Bill of Sale may only be used in rare cases to title a motor vehicle. If you purchased a vehicle in a private sale and the seller did not provide you with a title, you must obtain a court order ( ).
To gift someone a vehicle, you must transfer the vehicle title to their name and create a bill of sale. Selling a vehicle for $1 instead of gifting it could result in your recipient paying sales tax based on the car's fair market value — it's better to stick with the official gifting process.
If you are unable to establish ownership through any one of the available BMV title application processes, you must obtain a court order. Once you have received the court order, you may apply for a certificate of title through the BMV.
The bill of sale is not required to be notarized or signed under penalties for perjury. A bill of sale application must include a Physical Inspection of a Vehicle or Watercraft - State Form 39530 .