Mississippi Assignment and Bill of Sale

State:
Multi-State
Control #:
US-OG-261
Format:
Word; 
Rich Text
Instant download

Description

This form is used when the Seller sells, assigns, and transfers, to Buyer, and Buyer's successors and assigns, all of Seller's rights, title, interests, and properties described in the assignment, and all rights, estates, powers and privileges appurtenant to those rights, interests, and properties.

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FAQ

There are only nine title-holding states: Kentucky, Maryland, Michigan, Minnesota, Missouri, Montana, New York, Oklahoma, Wisconsin. In the other 41 states, titles are issued to the lien holder of your vehicle until the loan is fully paid off.

The state of Mississippi requires that you buy your tag within seven working days of the car's purchase date to avoid penalties. You have a 15 day grace period for renewing your car tag without penalties. Mississippi does not have a temporary tag or drive out tag.

If you are planning either to buy or sell a vehicle and that vehicle's title is missing, the owner of the vehicle must apply for a duplicate title. The sale is not valid without a properly assigned title.

Mississippi General Bill of Sale Seller's name. Buyer's name. Seller's address. Buyer's address. Description of the personal property in question. Serial Number of the personal property (only if applicable) Date on which the personal property will transfer ownership. Cost to which the Buyer has agreed to pay OR.

A bill of sale is required when applying for a title in Mississippi. Some dealers provide an invoice in lieu of a title, which they stamp with a phrase stating that it is a bill of sale. This is acceptable by the state, as long as it is signed by the seller.

Mississippi Title Instructions *SELLER* Instructions - YouTube YouTube Start of suggested clip End of suggested clip Make sure that you don't erase. Anything or use whiteout don't cross out or scratch anything outMoreMake sure that you don't erase. Anything or use whiteout don't cross out or scratch anything out write neatly with good handwriting. Only use black or blue ink.

A Mississippi motor vehicle bill of sale is a document that proves the legal sale of a motor vehicle and the change of its ownership. The form provides information about the seller, the buyer, and the vehicle that is for sale. The bill of sale is often needed for vehicle registration. It does require notarization.

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Mississippi Assignment and Bill of Sale