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Official Motor Vehicle Bill of Sale Template for the State of Michigan

The Michigan Motor Vehicle Bill of Sale form is a legal document that records the transfer of ownership of a vehicle from one party to another. This form serves as proof of the sale and includes important details about the vehicle and the buyer and seller. Understanding this document is essential for ensuring a smooth transaction and protecting both parties involved.

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Similar forms

Real Estate Bill of Sale: This document transfers ownership of real property. Like the Motor Vehicle Bill of Sale, it includes details about the buyer, seller, and property description.
Boat Bill of Sale: Used for the sale of watercraft, this form captures similar information as the Motor Vehicle Bill of Sale, including buyer and seller details, and a description of the boat.
Motorcycle Bill of Sale: This document serves to transfer ownership of a motorcycle. It includes the same essential components, such as the identification of the parties and the motorcycle's details.
Trailer Bill of Sale: Similar to the Motor Vehicle Bill of Sale, this form is used for transferring ownership of a trailer. It also includes buyer and seller information and a description of the trailer.
Equipment Bill of Sale: This document is used for the sale of heavy machinery or equipment. It shares similarities in structure and purpose, ensuring clear transfer of ownership.
Residential Lease Agreement: This legal document outlines the rental terms between landlords and tenants in New York, including rental amount and lease duration. It's vital for a transparent rental experience. For more details, you can find Fillable Forms that help in completing this agreement.
Aircraft Bill of Sale: This form is specific to the transfer of ownership of an aircraft. Like the Motor Vehicle Bill of Sale, it details the parties involved and the aircraft's specifications.
Personal Property Bill of Sale: This document can cover various items, from furniture to collectibles. It captures buyer and seller information and item description, akin to the vehicle sale process.
Business Asset Bill of Sale: Used when selling business assets, this document outlines the transfer of ownership and includes details about the parties and the assets being sold.
Livestock Bill of Sale: This form facilitates the sale of livestock. It includes similar components as the Motor Vehicle Bill of Sale, such as identification of the parties and a description of the animals.
Lease Agreement: While primarily used for rental situations, a lease agreement can include terms for eventual purchase, resembling the transfer aspect of a bill of sale.

Document Sample

Michigan Motor Vehicle Bill of Sale

This Bill of Sale is for the sale of a motor vehicle in accordance with Michigan state laws. Please fill in the information below accurately.

Seller Information:

Name: ____________________________
Address: ____________________________
City: ____________________________
State: ____________________________
Zip Code: ____________________________
Phone Number: ____________________________

Buyer Information:

Name: ____________________________
Address: ____________________________
City: ____________________________
State: ____________________________
Zip Code: ____________________________
Phone Number: ____________________________

Vehicle Information:

Make: ____________________________
Model: ____________________________
Year: ____________________________
VIN (Vehicle Identification Number): ____________________________
Odometer Reading: ____________________________

Sale Information:

Date of Sale: ____________________________
Sale Price: $____________________________

The seller affirms that they are the legal owner of the above motor vehicle and have the authority to sell it. The buyer acknowledges receipt of the vehicle in the condition described, and agrees to the sales price above.

Signatures:

Seller's Signature: ____________________________ Date: ________________
Buyer's Signature: ____________________________ Date: ________________

By signing this Bill of Sale, both parties agree to the terms outlined herein.

Download Motor Vehicle Bill of Sale PDF

Key takeaways

The Michigan Motor Vehicle Bill of Sale form is an important document for anyone buying or selling a vehicle in Michigan. Here are some key takeaways to keep in mind:

Purpose: The form serves as proof of the transaction between the buyer and seller.
Details Required: It must include specific information such as the vehicle identification number (VIN), make, model, year, and odometer reading.
Seller Information: The seller's name, address, and signature are necessary for the document to be valid.
Buyer Information: Similarly, the buyer's name and address must be included.
Consideration: The sale price or consideration for the vehicle should be clearly stated.
As-Is Condition: The form can include a statement indicating that the vehicle is sold "as-is," which limits the seller's liability.
Notarization: While notarization is not required, having the document notarized can add an extra layer of authenticity.
Record Keeping: Both parties should keep a copy of the completed Bill of Sale for their records.
Transfer of Title: The Bill of Sale is often needed when applying for a new title in the buyer's name.
State Requirements: Check for any additional state requirements that may need to be fulfilled when completing the transaction.

Understanding these key points can help facilitate a smooth transaction when dealing with vehicle sales in Michigan.

Other Common State-specific Motor Vehicle Bill of Sale Templates

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Do I Need a Bill of Sale If I Have the Title in Florida - This document can serve as a vital reference if future issues related to the vehicle arise.

Bill of Sale Template Nc - Indispensable for securing a vehicle loan or financing.

Do I Need a Bill of Sale If I Have the Title - Enables buyers to verify the authenticity of the vehicle being sold.

Instructions on How to Fill Out Michigan Motor Vehicle Bill of Sale

After obtaining the Michigan Motor Vehicle Bill of Sale form, you will need to fill it out accurately to ensure a smooth transaction. This document serves as proof of the sale and transfer of ownership for a vehicle. Follow these steps carefully to complete the form correctly.

Start by entering the date of the sale at the top of the form.
Provide the full name and address of the seller in the designated section.
Next, enter the buyer's full name and address.
Fill in the vehicle details, including the make, model, year, and Vehicle Identification Number (VIN).
Indicate the sale price of the vehicle clearly.
If applicable, note any additional terms or conditions of the sale.
Both the seller and buyer must sign and date the form at the bottom.

Once completed, keep a copy for your records and provide the original to the buyer. This document is essential for registering the vehicle in the new owner's name.