A Maine motor vehicle bill of sale is a document used to transfer the ownership of a vehicle from one party to another. Sellers can use it to prove that the transaction took place, and buyers need it to register the vehicle with the Bureau of Motor Vehicles (BMV).
To make the document legally valid and enforceable, the buyer, the seller, and any lienholder must sign it.
Maine Vehicle Registration
Buyers are required to register their vehicles with the Maine Bureau of Motor Vehicles (BMV) as soon as they purchase them. New residents must register their current vehicle within 30 days of moving to Maine.
Once the initial registration is complete, owners must renew it once a year via the Rapid Renewal Service.
To register the vehicle, sellers should also provide an Odometer Disclosure Statement (Form MVT-32) during the transfer ownership process.
A Bill of Sale is necessary to prove ownership in the absence of a title and to compute the sales tax. The sales tax is 5.5% of the vehicle’s purchase price and must be paid before a registration can be issued.
Where to Register Your Vehicle
The dealer is required to give you an official bill of sale if the purchase was made from an accredited dealership.
Documents Required by the DMV Office
Here are the documents you should prepare when you register your vehicle with the DMof Sale
- Bill of sale
- Odometer Disclosure Statement (Form MVT-32);
- Original Certificate of Title
- Receipt of Excise Tax Payment, which varies among municipalities
- White & Yellow Copy of Registration Application, which should be obtained at a local municipalities town office
- Driver’s License
- Blue Title Application if the vehicle is from 1995 or newer
- Manufacturer’s Suggested Retail Price (MSRP) Sticker (if the vehicle is brand new)
- Registration Fees
- Proof of Insurance, keeping in mind the minimum required limits
A power of attorney form is required if someone other than the new owner is signing for the title.
Free Maine Vehicle Bill of Sale Sample
Create a Maine motor vehicle bill of sale with this free template from Legal Templates, available in PDF and Microsoft Word format.