Form MV24 Montana Motor Vehicle Bill of Sale Template PDF
Audrey Gether January 8, 2021 Bill Of Sale
Form MV24 Bill of Sale is a formal document which shows the lawful sale and purchase of any vehicle as well as vessel at Montana. It shows the agreement of the parties to involve into a trade, demonstrates the payment has been made in satisfactory trust, and prevents the parties from possible disputes that might arise later on.
This Montana Vehicle Bill of Sale must be inscribed by a notary public in the allocated line in the bottom of the form.
Why is this fundamental? It`s important due to the simple fact that it may be utilized as proof for taxation purposes or to clear the seller of any liability concerning to the motor vehicle. Details like the VIN, mileage, and also the cost of the automobile are converted to the form producing strong documentation of the sale as well as purchase which transpired.
How to Register a Vehicle in Montana
Once the papers are signed, the new owner has 60 days to register the vehicle. To register a car, it is necessary to file the required documentation with the Motor Vehicle Division of the County Treasurer`s Office:
- ~ Application for Certificate of Title for a Motor Vehicle;
- ~ Certificate of Title (from the Seller);
- ~ Bill of Sale;
- ~ Proof of Auto Insurance;
- ~ Driver`s license/Photo ID;
- ~ Get ready to deal with all registration, taxes and titling fees at enrollment.
How to Write a Montana vehicle Bill of Sale
Step #1 : Sale Details. This form demands you to come up with the following information regarding the sale:
- ~ Amount of the Purchase Price (in words);
- ~ Amount of the Purchase Price (numerically);
- ~ Name of Purchaser;
- ~ DL/FEIN/Tribal ID/Corp ID* ( Driver`s License/Federal Employer Identification Number/Tribal;
- ~ Identification : Applicable to People of Native American Descent/Corporate Identification) ~ Input the quantity of a few of those above forms of identification which relevant to the buyer;
- ~ Address of Purchaser;
Step #2 : Vehicle Specifics. Observe the required vehicle details recorded below:
- ~ Year;
- ~ Make;
- ~ Model;
- ~ Style;
- ~ Vehicle/Hull Identification Number;
- ~ License Plate No;
- ~ If it`s a salvage vehicle (should be 15 years old or older)?: Check one of the two choices, `Yes` or `No`;
- ~ If it`s being sold for pieces only? Choose either `Yes` or `No`.
Step #3 : Odometer Statement. The bill of sale form demands that participants finalized the odometer disclosure statement, supply the following advice:
- Does the odometer have five or six digits? Choose the box that matches with the accurate answer;
- Mileage (Input a correct odometer reading into the provided line without tenths.);
Date of Reading; - Check any of the below boxes if relevant:
- ~ The odometer reading revolves the sum of mileage in excess of the mechanical limits.
- ~ The odometer reading isn`t the attested mileage. Warning : odometer discrepancy.
Step #4 : Purchaser`s Signature. Buyer of the vehicle should provide the following:
- ~ Signature
- ~ Date of Signing
- ~ Printed Name
Step #5 : Seller`s Signature/Information. Seller must certify that they have the right to sell the vehicle/vessel described above and will warrant and protect the title contra the claims and demands of all persons except the secured party noted on the Montana title application.
Seller needs to certify they have the privilege to promote the vehicle/vessel described previously and will authorize and defend the title against the claims and dictates of all persons with the exception of that the bonded party noted about the Montana title application.
Additionally, under penalty of law (MCA 45-7-203), owner have to to warrant that the statements made and detail included within this form are true and correct to the finest of their understanding, information, and faith; they truly are the individual named on the form; also, if enrolling up for a business entity or trust, then they will have full authorization to achieve this.
If the seller agrees, they need to supply the following:
- ~ Signature (The whole owners must sign.)
- ~ Date of Signing
- ~ Printed Name (In case of signing for a business entity, please provide the full entity name.)
- ~ DL/FEIN/Tribal ID/Corp ID Number
- ~ Address
Step #6 : Notarization. Once done, the record has to be exhibited to your notary public for ratification. The notary need to supply:
- ~ State in which the agreement took place.
- ~ County in which the agreement took place.
- ~ Date of Notarization
- ~ Printed Name of Official Signing the Form
- ~ Notary Signature
- ~ Notary Stamp/Seal
Other Form May Needed for Montana Vehicle Bill of Sale
1. Form MV1, Certificate of Title for a Motor Vehicle
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