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3:17 5:35 New Mexico Title Transfer: SELLER INSTRUCTIONS - YouTube YouTube Start of suggested clip End of suggested clip Make sure that you bring your name exactly as appears on the front of the title. Under first lienMoreMake sure that you bring your name exactly as appears on the front of the title. Under first lien holder or owners.
Selling a Car: Remove the old license plate \u2013 New Mexico is a \u201cVehicle Plate to Owner\u201d state. ... File a Notice of Vehicle Sold form with MVD. Keep the VIN number of the vehicle you sell. Fill out Bill of Sale form and file with MVD. Sign over Certificate of Title and Odometer Disclosure statement \u2013 keep copies of both.
As required by Section 66-3-101(A) NMSA 1978, when a vehicle is sold, or otherwise transferred or assigned, and is no longer in your possession, a Notice of Vehicle Sold is REQUIRED, and the license plates must be removed and returned to the MVD or registered with another vehicle of the same class within thirty (30) ...
Bill of Sale \u2013 Only required when Assignment of Title or Dealer Assignment is not on the back of the Title. All information on the Bill of Sale must be filled in, and have signatures of both the seller and the buyer.
In short, you need a bill of sale in order to obtain a title. Think of the two documents as complementary. While a bill of sale certifies a transfer of ownership between two parties, a title certifies the buyer's legal ownership. It's the final step in the process and proves that the buyer is the legal owner.
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In order to register and transfer a car title, you will need proof of identity and a drivers license will suffice. You will need proof of residency, such as mail addressed to you or a utility bill, and you will need proof of car insurance. You will need the title itself, signed by the seller.
If you're gifting a car in New Mexico, you will need to transfer the \u200b\u200bCertificate of Title to the gift recipient. The giftee must then take the current title with the Assignment of Title filled out, as well as an Odometer Disclosure Statement to the MVD and pay a $5 fee.
3:17 5:35 Make sure that you bring your name exactly as appears on the front of the title. Under first lienMoreMake sure that you bring your name exactly as appears on the front of the title. Under first lien holder or owners.
A New Mexico bill of sale can be written in plain English, without legal jargon or archaic terms.
Does a bill of sale have to be notarized in New Mexico? No. A bill of sale for a private party vehicle transfer does not need to be notarized in New Mexico.

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