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Maryland notarized bill of sale sample
Maryland notarized bill of sale sample









maryland notarized bill of sale sample

Before residents can register, they must have a safety inspection completed on their car. New residents of Maryland will be titling your vehicle at the same time as getting their vehicle registration. Residents of Maryland are required to register their vehicle(s) with the MVA within 60 days of moving to Maryland. Here’s what that means for new and current MD residents.

MARYLAND NOTARIZED BILL OF SALE SAMPLE REGISTRATION

Copy of out-of-state registration card or official vessel recordīelow is an example of a general Maryland bill of sale to sell personal property.Maryland requires all vehicles to be registered with the Motor Vehicle Administration (MVA) in order to legally be driven on the road.

maryland notarized bill of sale sample

Certified and notarized bill of sale (if Certificate of Origin is missing purchaser name, purchase price, date of sale, and owner’s signatures).Lien release (if the seller’s title shows a lien).Maryland State Police Application and Affidavit to Purchase a Regulated Firearm (MSP 77R) (through the state’s Licensing Portal ).Background check form (filled out in front of firearm dealer or FFL).Power of Attorney form (If someone other than the new owner is signing for the title).Notarization (if the vehicle is less than seven years old, the purchase price is at least $500 below book value, and the new owner wants to base the excise tax calculation on the selling price instead of the book value).Application form (e.g., vehicle’s current Maryland title or Application for Certificate of Title (VR-005)).Proof of ownership (vehicle’s current title, or current registration or bill of sale if the vehicle is from a state that doesn’t issue a title).The state’s minimum excise tax is $38.40. The MVA charges an excise tax of 6% of the vehicle’s book value or 6% of the purchase price on the notarized bill of sale for any vehicle less than seven years old. The MVA provides a list of interpreters and translation providers as a public service.

maryland notarized bill of sale sample

Any document, including a bill of sale, must be translated into English. The Maryland MVA only accepts documents in English. The document must include a reason for the price reduction if the vehicle is sold for less than the book value.Īlso, a bill of sale must be notarized, including the notary’s printed name, signature, and commission expiration date.

  • Odometer reading, except when the reading is not the actual mileage or the mileage is over mechanical limits.
  • Printed names and signatures of the buyer and seller.
  • A description of the vehicle, including the year, make, model, body style, and Vehicle Identification Number (VIN).
  • Maryland requires a personalized bill of sale containing the following: Details to Include in a Customized Bill of Sale If a vehicle is sold for book value or more and is older than seven years old, the MVA will accept a customized vehicle bill of sale.Īlternatively, ownership can be transferred on the Maryland Certificate of Title by writing in the purchase price, sale date, and the odometer reading under the “Assignment of Ownership” section.Īdditionally, if the sale price of the vehicle is within $500 of the retail value listed in the National Publication of Used Car Values, the MVA will accept the purchase price as completed on the title. The MVA provides a downloadable form that must be used if the vehicle is less than seven years old and the sale price is below book value.

    maryland notarized bill of sale sample

    Those who don’t have access to the association’s book value listings can confirm a vehicle’s book value by calling the MVA at (410) 768-7000. The Maryland Motor Vehicle Administration (MVA) requires a bill of sale to register and title any vehicle that is less than seven years old and if the sale price is less than the National Automobile Dealers Association book value. Motorcycle Bill of Sale Maryland Vehicle Bill of Sale Requirements By detailing information about the bike being sold, you can protect yourself from fraudulent sales. A form to record the transfer of a motorcycle in the state of Maryland.











    Maryland notarized bill of sale sample