If a vehicle is sold for book value or more and is older than 7, an individual only needs to write in the purchase price, sale date, and the odometer reading under the “Assignment of Ownership” section on the Maryland Certificate of Title to change ownership. MVA will also accept a customized bill of sale for a car that is older than 7 years and sold at or above book value at the time of registration. The MVA provides a downloadable form that must be used if the vehicle is fewer than 7 years old and the sale price is below book value. 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 (400) 768-7000.
Maryland Motor Vehicle Administration (MVA) requires a bill of sale to register and title any vehicle that is less than 7 years old and the sale price was less than the National Automobile Dealers Association book value.Ī bill of sale is a legal document that proves a vehicle or other item was sold and ownership has been transferred. By detailing information about the animal being sold, you can protect yourself from fraudulent sales.Ĭheck out Maryland Horse Bill of Sale Maryland Vehicle Bill of Sale Requirements Use a Maryland horse bill of sale to record the transfer of a horse or pony in the state of Maryland.
0 kommentar(er)
