Bill of Sale for Automobile or Vehicle including Odometer Statement and Promissory Note - Maryland 2026

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How to use or fill out Bill of Sale for Automobile or Vehicle including Odometer Statement and Promissory Note - Maryland

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin with the Bill of Sale section. Fill in the county, purchase price, and details of the buyer(s) and seller(s). Ensure all names are printed clearly.
  3. Complete the vehicle information by entering the make, model, body type, VIN, and year. This ensures accurate identification of the vehicle being sold.
  4. In the Odometer Disclosure Statement, state the current odometer reading and check any applicable statements regarding mileage accuracy.
  5. Fill in both transferor's (seller's) and transferee's (buyer's) information accurately. Signatures are required from both parties.
  6. For the Promissory Note, specify the loan amount, interest rate (if any), payment schedule, and ensure all buyer(s) sign where indicated.

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When you write a bill of sale you should make sure to include the following: Date of purchase. Seller name and address. Buyer name and address. Vehicle description, including make, model, year, vehicle identification number (VIN), and license plate number.
No. The Maryland sales and use tax does not apply to the sales of cars or boats since those items are already subject to titling taxes. Sales of motor vehicles are subject to the Maryland motor vehicle titling tax which is administered by the Maryland Motor Vehicle Administration.
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.
When you sell something like that, your bill of sale will include basic information like: Seller name and contact information. Buyer name and contact information. Description of the item(s) youre selling. Price of the item(s) youre selling. Date the sale was made. Space for the buyer and seller to sign.
A bill of sale does not have to be digital to be considered valid. Both handwritten and digital formats are generally acceptable, as long as all necessary information is listed and you have the consent of both parties.

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People also ask

Maryland Bill of Sale Requirements A bill of sale needs to clearly record the details of the sale, with information about the buyer, seller, property, sale price, and date of the transaction.
An MVA Bill of Sale A notarized MVA Bill of Sale is needed if the sale price is less than the vehicles book value and the vehicle is 7 years old or newer. Please call the MVAs Customer Service Center at 1-410-768-7000 to verify the vehicles book value.

dmv bill of sale