Bill Of Sale Template Ma
Massachusetts does not require a bill of sale for vehicle sales transaction if a title is available however if the transaction involves a car that is exempt from titling a bill of sale along with the previous registration must be presented in order for the new owner to register the vehicle.
Bill of sale template ma. The purpose of a bill of sale is to act as proof of ownership. In consideration of the sum of. In the event of a legal dispute over the item or a theft a massachusetts bill of sale can help prove who the legal owner of the item is. Original signatures are then affixed to both to create a valid contract and can be used to verify the transfer of ownership.
Free bill of sale forms pdf templates. The massachusetts bill of sale forms are legal documents that provide proof that a sale and purchase transaction has legally taken place between a dealer and individual or two private parties these forms will provide information with regard to the people making the sale as well as description of the item or items being sold and purchased. The buyer offers cash or trade to a seller for personal property with the most popular being vehicles. The massachusetts rmv bill of sale is generally used for the private sale of a vehicle between a buyer and seller.
While most transactions in massachusetts don t require a bill of sale it s still important to have one as a personal record. The new owner will need to keep a copy of this form when bringing the vehicle to a registry of motor vehicles location the transaction should take place on the date of sale with all items exchanging hands including the vehicle and monetary funds. The massachusetts bill of sale forms are written contracts that illustrates a purchase and sale agreement of an item between a buyer and seller for a all terrain vehicle atv motor vehicle snowmobile or vessel. A bill of sale represents a receipt for an exchange of goods between two 2 parties buyer and seller.
Vehicle bill of sale. Bills of sale in massachusetts while sometimes required do not have to be notarized. Once the agreement has been written and signed by all parties it is considered legally binding. All bills of sale however should contain the following criteria.
Commonwealth of massachusetts division of law enforcement recreational vessel vehicle bill of sale date of sale. While massachusetts does provide a bill of sale form you can also hand draft your own or use free templates that you can download online.