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You will need a notary, witnessing both the buyer(s) and seller(s) signatures, if you present a bill of sale to complete your transaction.A notarized MVA Bill of Sale200b (form # VR-181) is needed if the sale price is less than the vehicle's book value and the vehicle is 7 years old or newer.
Step 1: Find the existing title. Step 2: Sign the title on the seller line. Step 3: Write both of your names as buyers. Step 4: Submit a Transfer of Title form. Step 5: Update your vehicle registration. Step 6: Notify your insurance company.
A vehicle's title establishes who owns the vehicle.The first part, the Maryland Certificate of Title, is mailed to the owner. The second part, the Security Interest Filing (SIF), is printed only when a lien has been filed against the title; it is mailed to the lien holder.
Currently, the Maryland MVA prints a two-part, paper title. The first part, the Maryland Certificate of Title, is mailed to the owner. The second part, the Security Interest Filing (SIF), is printed only when a lien has been filed against the title; it is mailed to the lien holder.
Maryland Title Transfer Requirements First, both the seller and the buyer complete, date, and sign the title. If there is no space to record the odometer reading, the buyer should fill out an Odometer Disclosure statement, complete a bill of sale and notarized it if the vehicle is seven years or newer.
Complete Buyer Information. All sellers must print and sign their name EXACTLY as it appears on the front of the title.