This Bill of Sale of Automobile contains the following information: the make/model of the car, VIN number and other information. Seller guarantees that the property is his/her own and is free of all claims and offsets of any kind. The form also contains the Odometer Disclosure Statement required by Federal Law and State Law, where applicable, which must be signed in the presence of a notary public.
Lansing Michigan Bill of Sale of Automobile and Odometer Statement
Category:
State:
Michigan
City:
Lansing
Control #:
MI-00431
Format:
Word;
Rich Text
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How to fill out Michigan Bill Of Sale Of Automobile And Odometer Statement?
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FAQ
Federal and State law requires that you state the mileage upon transfer of ownership. Failure to complete or providing a false statement may result in fines and/or imprisonment.
PURPOSE: Federal and state law require both seller (transferor) and buyer (transferee) to accurately state the mileage of any used motor vehicle, with a manufacture year of 2011 or newer, in connection with the transfer of ownership whether sale, trade-in or exchange.
Seller's Signature Seller's Name (Print Name in Full) Mailing Address (Include Street Number and Name, Rural Delivery, Box, Apt. No.) Enter odometer reading exactly as it appears on the vehicle's odometer (excluding tenths) and check applicable boxes.
Michigan Vehicle Bill of Sale Requirements. Vehicle bills of sale in Michigan do not require notarization. However, whether your document is hand-drafted or pre-printed, it should contain the following criteria: The names, contact information, and signatures of the buyer and the seller.
Michigan Vehicle Bill of Sale Requirements. Vehicle bills of sale in Michigan do not require notarization. However, whether your document is hand-drafted or pre-printed, it should contain the following criteria: The names, contact information, and signatures of the buyer and the seller.
An odometer disclosure statement is simply a declaration of a vehicle's mileage as indicated by its odometer, and if whether or not it's an accurate reading. If you've ever sold a car you've actually completed a generic odometer disclosure statement.
The State of Michigan requires a bill of sale, among other documentation, upon transferring a vehicle's title and registration from a previous owner to a new one. The form stipulates the vehicle's purchase price, condition, and any additional terms set by the agreeing parties.
Both parties must sign it to make it valid. However, filling out a bill of sale does not mean you've legally transferred ownership of the car?only a title transfer does that. A certificate of title is a legal document that verifies the ownership of a car.
I/We state that the odometer now reads (do not show tenths) and to the best of my/our knowledge that reflect the actual mileage of the vehicle described on the attached certificate of ownership, unless one of the following statements is checked.
The vehicle title and ownership documents. Proof of a valid Michigan No-Fault insurance policy for the vehicle....If you're buying or selling a vehicle, these documents are essential for completing the transfer of ownership. Proof of ownership. Title.Vehicle records.Vehicle and record inspection.