Oakland Michigan Bill of Sale of Automobile and Odometer Statement

State:
Michigan
County:
Oakland
Control #:
MI-00431
Format:
Word; 
Rich Text
Instant download

Description

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.


The Oakland Michigan Bill of Sale of Automobile and Odometer Statement is a legal document used to transfer ownership of a vehicle from the seller to the buyer. This document provides essential information about the transaction, such as the vehicle's description, purchase price, and odometer reading at the time of sale. In Oakland County, Michigan, there are a few different types of Bill of Sale of Automobile and Odometer Statements, depending on the circumstances of the transaction. Here are some examples: 1. General Bill of Sale: This is the most common form of the Oakland Michigan Bill of Sale of Automobile and Odometer Statement. It is used for the sale of a standard passenger vehicle and includes the required information mentioned above. 2. Bill of Sale for Used Vehicles: This form is used specifically for used vehicles, ensuring that the buyer is aware of the vehicle's current condition and any existing issues or defects. It may also include additional disclosures and warranties, protecting both parties involved. 3. Bill of Sale for Salvage or Rebuilt Titles: This type of Bill of Sale is used when transferring ownership of a vehicle with a salvage or rebuilt title. It includes specific information about the vehicle's history and prior damage, as well as any necessary disclosures related to its condition. 4. Bill of Sale for Motorcycles: Oakland County also has a specific Bill of Sale form designed for motorcycle transactions. This document includes all the standard information required for an automobile Bill of Sale, tailored to the unique features of motorcycles. 5. Odometer Disclosure Statement: In addition to the Bill of Sale, Michigan law requires the completion of an Odometer Disclosure Statement for all vehicle sales. This statement confirms the accuracy of the odometer reading at the time of the sale and protects the buyer against any potential odometer fraud. It is important to note that these are just a few examples of the different types of Oakland Michigan Bill of Sale of Automobile and Odometer Statements that may exist. The specific form to be used depends on the nature of the vehicle being sold and any special circumstances of the transaction. It is always advisable to consult with a legal professional or the Oakland County Clerk's office to ensure the correct form is utilized in any given sale.

The Oakland Michigan Bill of Sale of Automobile and Odometer Statement is a legal document used to transfer ownership of a vehicle from the seller to the buyer. This document provides essential information about the transaction, such as the vehicle's description, purchase price, and odometer reading at the time of sale. In Oakland County, Michigan, there are a few different types of Bill of Sale of Automobile and Odometer Statements, depending on the circumstances of the transaction. Here are some examples: 1. General Bill of Sale: This is the most common form of the Oakland Michigan Bill of Sale of Automobile and Odometer Statement. It is used for the sale of a standard passenger vehicle and includes the required information mentioned above. 2. Bill of Sale for Used Vehicles: This form is used specifically for used vehicles, ensuring that the buyer is aware of the vehicle's current condition and any existing issues or defects. It may also include additional disclosures and warranties, protecting both parties involved. 3. Bill of Sale for Salvage or Rebuilt Titles: This type of Bill of Sale is used when transferring ownership of a vehicle with a salvage or rebuilt title. It includes specific information about the vehicle's history and prior damage, as well as any necessary disclosures related to its condition. 4. Bill of Sale for Motorcycles: Oakland County also has a specific Bill of Sale form designed for motorcycle transactions. This document includes all the standard information required for an automobile Bill of Sale, tailored to the unique features of motorcycles. 5. Odometer Disclosure Statement: In addition to the Bill of Sale, Michigan law requires the completion of an Odometer Disclosure Statement for all vehicle sales. This statement confirms the accuracy of the odometer reading at the time of the sale and protects the buyer against any potential odometer fraud. It is important to note that these are just a few examples of the different types of Oakland Michigan Bill of Sale of Automobile and Odometer Statements that may exist. The specific form to be used depends on the nature of the vehicle being sold and any special circumstances of the transaction. It is always advisable to consult with a legal professional or the Oakland County Clerk's office to ensure the correct form is utilized in any given sale.

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FAQ

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.

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.

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.

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.

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.

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.

If you need to replace your Michigan vehicle title, apply for a duplicate title through your online Secretary of State account. Duplicate titles cost $15.

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.

Michigan Bill of Sale Requirements All bills of sale should clearly identify the seller, the buyer, the item being transferred, and all the details of the transaction, such as the price and date. Both the buyer and seller need to sign the bill of sale for it to be valid.

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.

More info

Releasing Nichols from liability in a prior lawsuit. Milosch's Palace Chrysler Dodge Jeep Ram In Lake Orion, MI Offers New And Used Vehicles.Michigan Abandoned Vehicle Bill of Sale Form. Out Form REG 343 application along with a Bill of Sale for those registering a vehicle with a previous owner. In both cases, we will resolve your problem in the shortest amount of time possible. Last reported odometer reading. I do not have a title, but I do have a bill of sale. Tampering, defacing, removing, or altering any notice placed on the car displaying the odometer mileage. 9.57.070 Removal of an abandoned vehicle after a 10-day period.

) Bill of sale, title, and registration, when available. Bill of sale. Please contact us, if you experience any problem that requires our attention or assistance. I will be able to work with you in a timely manner. We will only issue a refund to the current owner of a vehicle for the past 24 hours before returning it to the current owner. We do not give any guarantees regarding the accuracy of any odometer readings from any source and all odometer readings are approximate only. Furthermore, we do not have to pay any fees related to the odometer readings being inaccurate. If a vehicle has been abandoned by its owner, we will notify either the police department that received the abandoned vehicle or the owner of the vehicle. The police department can then notify the owner that he/she cannot sell the vehicle anymore. If they continue to try to sell it, we will contact the court and ask that the vehicle be returned.

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Oakland Michigan Bill of Sale of Automobile and Odometer Statement