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This Motor Vehicle Bill of Sale is a written acknowledgement of the transfer of ownership of a motor vehicle from a seller to a buyer. The document sets forth the terms and conditions of the sale including the price, a description of the vehicle and the amount of the down payment. This bill of sale warrants that the seller has full authority to transfer title and the property is free of all liens and encumbrances. It contains both standard clauses and opportunities for the use of optional terms, and conditions making it fully customizable to fit the needs of the contracting parties. This document should be used by individuals located in Maryland when buying or selling a motor vehicle.
Docstoc Legal Agreements This Motor Vehicle Bill of Sale is a written acknowledgement of the transfer of ownership of a motor vehicle from a seller to a buyer. The document sets forth the terms and conditions of the sale including the price, a description of the vehicle and the amount of the down payment. This bill of sale warrants that the seller has full authority to transfer title and the property is free of all liens and encumbrances. It contains both standard clauses and opportunities for the use of optional terms, and conditions making it fully customizable to fit the needs of the contracting parties. This document should be used by individuals located in Maryland when buying or selling a motor vehicle. ® DISCLAIMERS: ALL INFORMATION AND FORMS ARE PROVIDED “AS IS” WITHOUT ANY WARRANTY OF ANY KIND, EXPRESS, IMPLIED, OR OTHERWISE, INCLUDING AS TO THEIR LEGAL EFFECT AND COMPLETENESS. 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All Rights Reserved MOTOR VEHICLE BILL OF SALE WITH WARRANTY BE IT KNOWN, that for payment in the sum of $ ____________ [Instruction: Insert the Amount], the full receipt of which is acknowledged, the undersigned _______________________________ [Instruction: Insert the Seller Name] (“Seller”), of ___________________________________ [Instruction: Insert the seller's address] hereby sells and transfers to ______________________________ [Instruction: Insert the Buyer Name] (“Buyer”), of ________________________________________ [Instruction: Insert the buyer's address], (the words “Seller” and “Buyer” to include their respective heirs, successors, and assigns where the context requires or permits), the following described motor vehicle (the “Vehicle”): Particulars Description Make Model or series Vehicle Identification Number (VIN) Year Color: Style Odometer reading Title The sale is subject to the following conditions and representations: a. Seller acknowledges receipt of $ ___________ in down payment for the Vehicle, full payment from Buyer and title transfer to take place within ___________ (___) [◊ Fourteen (14)] days. b. Seller allows Buyer___________ (___) [◊ Four (4)] days to have the Vehicle inspected by an independent mechanic, and agrees to cancel the sale if the inspection is reasonably unsatisfactory to Buyer. © Copyright 2011 Docstoc Inc. registered document proprietary, copy not 2 c. If the sale is not completed, Seller will retain $ ____________ of the down payment to cover costs and effort in re-advertising. d. Seller certifies to the best of Seller's knowledge that the odometer reading listed in the vehicle description above reflects the actual mileage of the Vehicle. The Vehicle's odometer was not altered, set back, or disconnected while in Seller's possession, and Seller has no knowledge of anyone doing so. e. Seller warrants to Buyer that Seller has good and marketable title to said property, full authority to sell and transfer said property, and that said property is sold free of all liens, encumbrances, liabilities, and adverse claims of every nature and description whatsoever. f. Seller represents to Buyer that the Vehicle is in good condition, except for the following defects, if any: ___________________________________________________________________________ ___________________________________________________________________________ ___________________________________________________________________________ __________________________________________________ [Instruction: Mention any defect you know in the Vehicle in the above space] g. ADDITIONAL TERMS OF SALE. Seller and Buyer agree to the following additional terms in conjunction with this bill of sale: ___________________________________________________________________________ ___________________________________________________________________________ ___________________________________________________________________________ ___________________________________________________ [Instruction: Write any additional terms agreed with the Buyer in the above space] Seller: Buyer: ________________________ ________________________ Signature Signature Printed Name: _______________________ Printed Name: _______________________ © Copyright 2011 Docstoc Inc. registered document proprietary, copy not 3
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