This Bill of Sale Package contains the essential forms needed to transfer ownership of an asset from a seller to a buyer. The following forms are included:
1. Bill of Sale of Automobile and Odometer Disclosure Statement
2. Bill of Sale of Watercraft
3. Bill of Sale of Mobile Home
4. Bill of Sale of Animal
5. Bill of Sale of Other Personal Property
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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.
Can a Bill of Sale Be Handwritten? A bill of sale is a legal document that verifies you have sold your car and provides basic information about the vehicle or any other item and the terms of the sale.As, with any legal written document a bill of sale can be handwritten.
A description of the vehicle, including the year, make, model, vehicle style, and Vehicle Identification Number (VIN) Printed names and signatures of the buyer and seller. Date of the sale. Total cost of the vehicle.
Writing the Bill of Sale On the bill of sale template, where the dollar amount is listed, write gift in the allotted space. You'll need to note the date of sale, the car's identification number, make, model and the number of miles on the odometer at the time of the transfer.
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.
Complete Buyer Information. All sellers must print and sign their name EXACTLY as it appears on the front of the title.
Exercise tax (based on purchase price, age and mileage). Proof of auto insurance. Apply and pay required $50 titling fee. Apply for Certificate of Title (when the title originally come from another state). Submit a Certificate of Inspection (if possible) and lastly,
Most states do not require a notary to witness the signing of a bill of sale. However, by law, a notary public must witness both parties signing the document in Louisiana, Nebraska, Maryland, New Hampshire, West Virginia, and Montana. Notaries are optional in other states.
The date of the sale. A description of the car, including its: Year, make and model. The selling price of the car. If the car is a gift or partial gift, you should still create a bill of sale. Warranty information. The full names, addresses and signatures of the buyer and seller.
