A contract is based upon an agreement. An agreement arises when one person, the offeror, makes an offer and the person to whom is made, the offeree, accepts. There must be both an offer and an acceptance. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Maine Offer to Purchase Automobile - Selling Car
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To sell a vehicle privately in Maine, you must be able to provide your buyer with the vehicle's official title and a bill of sale that states the vehicle's selling price and odometer reading.
Once you've signed on the dotted line of your purchase agreement, the car is yours. Provided, of course, that the agreed payment to the dealer has been registered in the dealer's bank account. Cash is king, said a dealer that AutoTrader approached with this question.
Generally, you will need:A bill of sale.A written copy of the seller's deposit policy. If you are purchasing a car in installments.A Notice of Transfer and Release from Liability.Certificate of Title (blue title application from seller).
Documents You Need To Sell Your Car In MaineBuyer name and address.Buyer signature.Your signature.Odometer disclosure (10 years old or less).Rebuilt from salvage disclosure if needed.
When buying or selling high-value items in Maine, you need a bill of sale. This legal document records the transfer of ownership of a car, boat, firearm, or other personal property from a seller to a buyer.
Does Maine Require a Bill of Sale? A Maine Bill of Sale is a typed or handwritten document that is designed to legally transfer an ownership interest in various personal items.
If you're selling your car privately, you should provide the buyer with a receipt with as much information as possible including the names of the buyer and seller, address of both parties, the date, amount paid, registration plate, VIN number and both parties' signatures.
When buying or selling high-value items in Maine, you need a bill of sale. This legal document records the transfer of ownership of a car, boat, firearm, or other personal property from a seller to a buyer.
When you visit the Maine DMV, you will need to provide the following information to complete the title transfer process:Your driver's license.The original title.Odometer reading.Proof of insurance.Proof of payment of excise tax.Payment for the title transfer fee.
The following information should appear on the Maine Bill of Sale Form: Name and address of the seller. Name and address of the buyer. Vehicle description, including Vehicle Identification Number (VIN), make, model, year.