The Maryland vehicle bill of sale is a legal document that provides all the details connected to the sale and purchase of a vehicle in Maryland. The main parties to this document are the seller and buyer.
Although the Maryland motor vehicle bill of sale isn’t a primary proof of ownership like the certificate of title, in some cases it can be used as a proof of ownership. Usually, the vehicle bill of sale can be accepted as proof of ownership if there is no certificate of title for a certain vehicle.
Moreover, parties often use the vehicle bill of sale for calculating the sales tax since it contains information about the vehicle’s purchase price.
Other Types of Maryland Vehicle Bill of Sale
Here, you can see other types of vehicle bills of sale used in Michigan.
Maryland Boat Bill of Sale Requirements & Forms
When registering a boat in Maryland, the owner must provide the original certified or notarized bill of sale if their name, sale date, or purchase price are missing from the certificate of title.
The bill of sale must include the names of the seller and buyer, a date of sale, the seller’s signature, the purchase price, and a description of the vessel (manufacturer, year of production, current registration number, and hull identification number).
Maryland Motorcycle Bill of Sale Requirements & Forms
In Maryland, to title and register a motorcycle, a person must have the motorcycle bill of sale. The title and registration application must be submitted to the Maryland Motor Vehicle Administration (MVA).
When registering and titling a motorcycle, you will also have to provide a certificate of title unless you have bought an out-of-state motorcycle from a state that doesn’t issue certificates of title.
Maryland Trailer Bill of Sale Requirements & Forms
The Maryland trailer bill of sale is a document that outlines all the details regarding the trailer sale and purchase.
To title and register a trailer in Maryland, you should submit, among other documents, the Maryland trailer bill of sale.
New residents must register their trailers in Maryland no later than 60 days from the day they’ve established residence. New trailer owners must register their trailer immediately after the purchase.
Legal Requirements for Maryland Vehicle Bill of Sale
This section outlines the legal framework that regulates the Maryland vehicle bill of sale form:
Is the printable vehicle bill of sale required for the sale or purchase of the vehicle? Yes, the printable vehicle bill of sale is required in Maryland only if the vehicle is being sold for less than its book value and is less than seven years old.
Does the state offer a vehicle bill of sale template? Yes, Maryland provides a vehicle bill of sale template that the parties can use for the vehicle transfers.
Is notarization required? Yes, notarization is required for the Maryland vehicle bill of sale document.
Where and How to Register Your Vehicle in Maryland
You must register your vehicle in Maryland immediately after the purchase. If you move to Maryland and bring your vehicle, you must register it in Maryland no later than 60 days from the day you obtain the residency.
To register your vehicle in Maryland, you can apply at one of the Maryland Vehicle Administration Offices.
Vehicle Registration Mandatory Documents
Maryland Driver’s License
Application for Certificate of Title (Form VR-005)
Bill of Sale
Odometer Disclosure Statement (Form VR-197)
Security Interest Filing Statement (Form VR-217), if the vehicle has two or more liens
Maryland Safety Inspection Certificate
Proof of Insurance with the minimum coverage of:
$30,000 for bodily injury
$60,000 for two or more people
$15,000 property damage
Maryland Vehicle Bill of Sale FAQ
To draft a bill of sale for a car in Maryland, you should enter the following details:
Full names and mailing addresses of the seller and buyer
Vehicle description (make, model, color, year of production, vehicle identification number)
Purchase price and method of payment
Yes, you need a bill of sale to register a car in Maryland if the car is sold for at least $500 less than its book value and if it’s less than seven years old.
No, you cannot register a car with a bill of sale and no title in Maryland. The only exception is if you buy a car from a state that doesn’t issue a certificate of title.
You need to notarize a bill of sale for a car in Maryland if the car is sold for at least $500 less than its book value and if it’s less than seven years old.