New Mexico Bill of Sale of Personal Property - Reservation of Life Estate in Seller
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How to fill out Bill Of Sale Of Personal Property - Reservation Of Life Estate In Seller?
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FAQ
A bill of sale for a private party vehicle transfer does not need to be notarized in New Mexico.
Selling a Car:Remove the old license plate New Mexico is a Vehicle Plate to Owner state.File a Notice of Vehicle Sold form with MVD.Keep the VIN number of the vehicle you sell.Fill out Bill of Sale form and file with MVD.Sign over Certificate of Title and Odometer Disclosure statement keep copies of both.
In the state of New Mexico a Bill of Sale form is not required for most vehicle transactions but a Bill of Sale (Form MVD 10009) is required when a certificate of title is not available.
You will need a notarized New Mexico Powers of Attorney (MVD-10037; or notarized generic POA) signed by all owners listed on the title. If you have a lien on the vehicle you will need a lien release. You will need to fill out the Application for Duplicate Certificate of Title form which can be found at your MVD.
A bill of sale for a private party vehicle transfer does not need to be notarized in New Mexico.
A New Mexico bill of sale can be written in plain English, without legal jargon or archaic terms. It is important to include the required elements above. If you're a party listed in the New Mexico bill of sale, make sure that you have more than one copy of the completed documents for your records.
You should include:Land or real estate location.Property description.Sale date.Sale price for the land or real estate.Contact information for the buyer and seller.Terms and conditions of the sale (for example, the buyer accepts property as is)
Legally, the items you listed are personal property because they are not permanently attached to the house. Unless specifically itemized, such personal property is not included in the home sale.
