New Mexico Title and Related Matters Checklist
Description
How to fill out Title And Related Matters Checklist?
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FAQ
In order to register and transfer a car title, you will need proof of identity and a drivers license will suffice. You will need proof of residency, such as mail addressed to you or a utility bill, and you will need proof of car insurance. You will need the title itself, signed by the seller.
How to Sign Your Title in New Mexico (NM)Front of the title bottom half - sign name(s) on the line where it reads "Signature(s) of Seller(s)."Front of the title right next to where you signed name(s) - print name(s) on the line where it reads "Printed Name."More items...
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.
Does a bill of sale have to be notarized in New Mexico? No. 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 is written using the following components:The printed legal name of the buyer and the seller.The date the bill of sale was created.The amount of money the item was sold for.Descriptive information about the item sold.The signature of both the buyer and the seller.
Before you sell or trade your vehicle, you'll need to make sure you have the title to begin with....This can be pretty basic, as long as it includes the following:The make and model of the vehicle.The date of the sale.The sale price.The names and signatures of both the buyer and seller.
Proof of a valid New Mexico vehicle insurance policy (if you don't have an NM vehicle insurance policy yet, you need to complete a title-only application) Proof of identity. 2 documents proving your residency in New Mexico. Payment for the vehicle titling and registration fees.
A Bill of Sale typically includes:The full names and contact information of the buyer and seller.A statement that transfers ownership of the item from the seller to the buyer.A complete description of the item being purchased.A clause indicating the item is sold "as-is"The item's price (including sales tax)More items...
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.