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An MVA ?Bill of Sale? A notarized MVA Bill of Sale is needed if the sale price is less than the vehicle's book value and the vehicle is 7 years old or newer. Please call the MVA's Customer Service Center at 1-410-768-7000 to verify the vehicle's book value.
Yes. Make sure your document identifies the seller, buyer, item, sale date, and price of the item. If you're transferring a vehicle, include the VIN number and odometer reading. The buyer and seller should both sign the document.
Maryland Bill of Sale Requirements A bill of sale needs to clearly record the details of the sale, with information about the buyer, seller, property, sale price, and date of the transaction. A statement by the seller, indicating that they've disclosed all known problems with the property, is usually included.
To complete the Maryland car title transfer form, you will need to provide the following info: Name and address of the buyer and current car owner. Date of sale. Car mileage, condition, and purchase price. Odometer reading. Completed a bill of sale. Completed Certificate of Title (VR-005) Government-issued photo ID.
How To Add A Name To A Car Title Provide The Existing Title. You need the already existing title to prove your ownership of the vehicle. ... Apply For A New Title. ... Submit Your Application To The DMV. ... Update Your Registration To Reflect The New Owners. ... Update Your Insurance To Cover The New Person.