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Be sure to have a proper title and bill of sale. All vehicles must have a certificate of title issued by the Registry of Motor Vehicles (RMV) and must be properly endorsed at the time of sale. Have the vehicle inspected at a licensed Massachusetts Inspection Station.
While Massachusetts does provide a form, you can also hand-draft your own, or use a custom vehicle bill of sale template. All bills of sale, however, should contain the following criteria: The names, contact information, and signatures of the buyer and seller. The sales price.
If you decide to write your own bill of sale, make sure to include the following information: Date of sale. Cost of vehicle purchase. Your full name and address. Buyer's full name and address. Vehicle's year, make, model, identification number and mileage. Acknowledgement of any liens held on the vehicle.
What paperwork do I need to privately sell a car in Massachusetts? A Bill of Sale (although not legally required) The vehicle's original or replacement certificate of title. Current maintenance and vehicle records. A Registration and Title Application (filled out by the buyer)
It is important to make sure all the requirements for the respected state law are included in the bill of sale. As, with any legal written document a bill of sale can be handwritten.
What's The Purpose of the Vehicle Bill of Sale in Massachusetts? The primary purpose of a bill of sale is to confirm the terms and provide evidence of the transaction between the seller and buyer. The bill of sale will verify ownership of the car and the transaction amount (so the RMV knows how much tax to assess).
Be sure to have a proper title and bill of sale. All vehicles must have a certificate of title issued by the Registry of Motor Vehicles (RMV) and must be properly endorsed at the time of sale. Have the vehicle inspected at a licensed Massachusetts Inspection Station.
A Massachusetts bill of sale should include the car's make, model, year, and VIN, information about the buyer and seller, and more. The bill of sale should also state the selling price. A bill of sale is an essential aspect of every private car transaction but only legally required in some states.
Obtain a Bill of Sale In the state of Massachusetts, this is typically only necessary for registration if the vehicle is exempt from the Certificate of Title because of its age. In that case, the bill of sale and the previous owner's registration is needed to register the vehicle in Massachusetts.