Mississippi Motor Vehicle Bill of Sale Form Template

Stella Zuyeva January 4, 2021 Bill Of Sale

A Mississippi Vehicle Bill of Sale can be a permitted document which records the certain of the purchase or transport of any vehicle by the seller to the purchaser in Mississippi. Selling or purchasing a motor vehicle is a big economic decision for the majority of individuals, which demands a whole lot of preparation.

Some times, the significance of a bill of sale has been missed; yet, this record shows the best trade happened and owner no longer occupies liability for parking tickets and speeding, so it`s maybe not the newest proprietor obligation.

How to Register a Vehicle in Mississippi

After purchasing a brand new vehicle, you`re bound to have it filed/registered with the State. Mississippi allows brand new owners 1 week to enroll the vehicle from the time of purchase (9 days in the event the vehicle was purchased in another county by the main one which you have reside in).

To start the process, check out a Mississippi DOR (Department of Revenue) situated in the tax collector`s office and don`t forget to deliver the following instruction:

The vehicle title comprising the prior owner`s signature.
An MS issued driver`s license or even state ID
An odometer reading is indispensable in the event the vehicle was bought in outside the state (when there`s not any available space to enter the mileage to the title, an Odometer Disclosure Statement ~ Form 78-015 needs to be done).
Must come up with the VIN (vehicle identification number) so as to find out tax fees.
Come prepared with adequate funds to cover any enrollment or taxation expenses.

Note: Proof of insurance isn`t needed to enroll your vehicle from the state of Mississippi, but you`ll need an active insurance policy to work your vehicle lawfully within the State.

How to Write a Mississippi Vehicle Bill of Sale

Step #1 : Seller and Buyer Information. Both parties (buyer as well as seller) need to input the following:

The Seller :
- ~ Name
- ~ Driver`s License Number
- ~ Physical Address
- ~ City
- ~ State
The Buyer :
- ~ Name
- ~ Driver`s License Number
- ~ Physical Address
- ~ City
- ~ State

Step #2 : Vehicle Details. Filled out the asked data regarding the vehicle:

~ Make
~ Type/Model
~ Year
~ Vehicle Identification Number (VIN)
~ Color
~ Odometer Reading (in miles)

Step #3 : Trade/Purchase Price. Check the boxes that relevant to this transaction : add other information if needed:

~ The first line will advisable that the seller will be take just monetary payable for the vehicle ~~ Write the dollar amount in words;
~ Type the dollar amount in numbers;
~ Establish a date once the parties have consented the payment will be made in mm/dd/yyyy format;
~ Put up a clearly date when the date where the record will be known as in mm/dd/yyyy format;
~ In the event the parties have agreed the payment will be made in a later date, then enter that date in mm/dd/yyyy format;
~ Other : If distinct discussions have been agreed upon by the parties, give a description of this agreement;
~ Checking this box will shown that the vehicle could be available as a gift;
~ The last box in this part may tackle a transaction to the vehicle. Describe briefly the conditions of the trade.

Step #4 : Seller`s Disclosure. The seller should analyze the statements as specified. At case the vehicle has any vehicular deficiencies, then they has to be cited within this part.

~ After analyze of the statements as well as disclosure of weaknesses (if any) should the seller be prior to a notary, they must put up their signature in the “Seller`s Signature” section.

Step #5 : Signatures. If the entire signatories are occurring before a notary, they must then input the following:

The Seller :
- ~ Signature
- ~ Printed Name
The Buyer :
- ~ Signature
- ~ Printed Name
The Witness :
- ~ Signature
- ~ Printed Name

Step #6 : Notarization. After the notary has witnessed all signatures and recognized the parties, then the notary should finalize the mandatory information as well as secure the state seal to the document.