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Bill of Sale with Warranty by Individual Seller - New Mexico

Bill of Sale with Warranty by Individual Seller - New Mexico 2025

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The document is a Warranty Bill of Sale from a Seller to a Purchaser in New Mexico, detailing the sale of personal property. It includes the acknowledgment of payment, description of the property, and guarantees from the Seller regarding ownership and authority to sell. The document requires signatures from both parties and notarization.

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How to write a bill of sale without title?

3. Write Up a Bill of Sale Date of purchase. Purchase price. The cars year, make, and model. VIN, or vehicle identification number, which is not the same as the license plate number. Mileage. Name and address of the seller and buyer. Signatures of the seller, buyer, and notary (if needed).

Does WV DMV require a bill of sale?

If the vehicle is purchased from an individual and the purchase price is below 50% of the current NADA Clean Loan Book value, a notarized bill of sale must accompany the application for title, or the tax will be assessed on the NADA Clean Loan Book value.

How to write a handwritten bill of sale?

A general bill of sale should include the following: Names, addresses, and contact information of the buyer and seller. Date of the sale. Amount the buyer paid for the property. Description of the property. If the item is being sold as-is, a statement for this.

What is the difference between a bill of sale and a warranty bill of sale?

A warranty bill of sale offers protections for the buyer that a simple receipt does not. This kind of bill of sale clearly details what is being sold and gives a guarantee to the buyer about the sellers ownership rights. The bill of sale promises that the buyer holds full and clear title to the item sold.

How to privately sell a car in New Mexico?

When selling a car privately in New Mexico, the buyer and the seller both need to fill out the relevant sections on the back of the title. This information includes the legal name, address, and signature of the buyer and the seller(s) along with the date of the sale and the odometer reading.

How to write a bill of sale for a vehicle without a title?

Bill of Sale and Other Sales Documentation Sale Date: Specific date when the sale occurred. Vehicle Details: Make, model, year, and VIN. Buyer and Seller Information: Full legal names and contact details. Sales Price: Agreed selling price of the vehicle. Condition Statement: Current condition and any known issues.

Does New Mexico require a bill of sale?

While drafting a bill of sale is good standard practice for the purchase of many big-ticket items, they are not required for the purchase of boats or motor vehicles in the state of New Mexico unless the title is missing. You can use the form the state of New Mexico provides (MVD 10009), or you can draft your own.

How do I get a title if I only have a bill of sale?

Heres how to get a car title: Go to your DMV with your bill of sale and any other required identification documentation. Buy a surety bond, which ensures your vehicle is clear of any problems, allowing you to be listed as the new owner. Secure a bonded title. Register your vehicle.

Bill of Sale with Warranty by Individual Seller - New Mexico 2025

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