A Missouri DMV Bill of Sale is a legal document that describes the sale of a vehicle and change of ownership between the seller and the buyer in the state of Missouri. This type of form gives evidence of purchase and gives a written account of the purchase. It usually includes the name and address of the buyer and the seller, information about the car, including its make and model, year, color, VIN, odometer reading, and the agreed purchase price.
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This is a significant document since it protects both sides. To the seller, it eliminates liability in the future after the sale of the vehicle. To the purchaser, it also serves as an indication of possession and is frequently needed to issue registration, title, and insurance at the Missouri Department of Revenue (DOR). Although a signed Missouri DMV Bill of Sale is not always a requirement, it is a way to make sure that everything is transparent, safeguard the rig, its contents, and prevent any disagreement in the future.
Printable Missouri DMV Bill of Sale Form Template [Word Editable]
Key Points of a Missouri DMV Bill of Sale:
- Buyer/Seller Information- Full names, addresses, driver’s license numbers, and contact information of both.
- Transaction Date – This is the actual date a sale has occurred, and this is essential in verifying tax and liability.
- Vehicle Description- It includes the make, model, year, body style, color, VIN, and odometer reading of the vehicle when sold.
- Purchase Price and Method of Payments- Indicates the price paid and mode of payment (cash, certified check, or financing).
- Condition of Vehicle- Refers to the vehicle being sold as-is with no warranties and any disclosures (e.g., history of accidents).
- Title & Registration Transfer – Fills out the authority of the seller to transfer ownership and adheres to Missouri DOR registration and titling regulations.
- Odometer Disclosure Statement – The law in Missouri requires that this be signed certifying accurate mileage.
- Release of Liability – Covers the seller against accidents, tickets, and damages that occur after the sale date.
- Taxes & Fees – States: Who will be paying sales tax, registration fee, transfer fee, or any other charges?
- Signatures and Notarization – They require the signatures of the buyer and the seller. Additional legal protection may require notarization in the state of Missouri.
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