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Bill of Sale
Top Purpose of a Bill of Sale
When you sell a car in the state of Maryland, you will need to provide the buyer with several documents, including a Bill of Sale. The Bill of Sale essentially serves several roles: first, to note the agreed-upon price of the vehicle and, second, to record the odometer reading. It also protects you, as the seller, by proving transfer of ownership and releasing you from future liability in regard to that vehicle.
Buying a Used Car? Order a Vehicle History Report First
Ordering a vehicle history report is a critical step in the used car buying process. Failing to do so could result in the purchase of a vehicle with frame, flood, or fire damage, odometer rollback and more. Stay on the safe side, and order a vehicle history report before you buy a used vehicle.
Top More on Bills of Sale
Besides the price and odometer reading, the form will need to list the make, model, and year of the vehicle along with the vehicle identification number (VIN). Maryland also requires the document be signed by both parties in the presence of a notary.
If you are buying a vehicle and the seller has not provided a bill of sale, make sure you print one out and get the necessary information from the seller. It is imperative the document is notarized and official at the time you transfer the title and register the vehicle in your name.
Top Generic Bill of Sale
If you have trouble downloading the Maryland Bill of Sale form, we provide links to generic forms from our sponsors.
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