New York Vehicle Bill of Sale Form
A New York Vehicle Bill of Sale Form is a legal document for cars. It's designed to record vehicle sales and transfer of ownership between a seller and a buyer in New York.
Why Do You Need a New York Vehicle Bill of Sale?
A Bill of Sale is an important document when transferring a title to a vehicle in New York. It is also known as the Form MV-912. This document is important for registering with the New York Department of Motor Vehicles (DMV).
A New York Bill of Sale should include the full legal name and addresses of the buyer and seller. It should also have important details about the vehicle, such as:
- Vehicle identification number (VIN)
- Make
- Model
- Year
- Current odometer reading (for a car under 10 years old)
The document also states the purchase price that they agreed upon. This is applied when calculating the sales tax. Both the buyer and the seller have to sign the form for it to be accepted by the DMV.
Normally, the New York Bill of Sale itself does not need to be notarized. However, it is necessary for the buyer to complete the odometer disclosure statement on the title.
Common Uses of a New York Vehicle Bill of Sale
This document has several uses for both buyers and sellers in the following ways:
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S/N |
Seller |
Buyer |
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States that the vehicle no longer belongs to them. |
Serves as the first indication of their title to the vehicle. |
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Carries the related liability to the new owner. |
Helps them go through the registration process successfully. |
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Allows for the adherence to state laws in the future. |
Speeds up the transfer of title. |
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Helps avoid any conflicts that may arise in the future. |
Allows for insurance and possible resale in the future. |
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Gives peace of mind. |
Gives a sense of security. |
Frequently Asked Questions
Is a New York Bill of Sale required to sell a car?
Yes, to sell a car in New York, you need this form. The buyer needs it to get the title transferred and register the vehicle with the New York DMV. The form also proves the purchase, speeds up the transfer procedure, and ensures its efficiency.
Does a New York Bill of Sale need to be notarized?
New York Bill of Sale (Form MV-912) normally does not need notarization to be legally valid. However, it may provide additional legal assurance for the two parties in a private sale. Always check the local county regulations to know what you need to do.
How do I transfer a car title in New York with a Vehicle Bill of Sale?
In New Mexico, to transfer a car title, the buyer must have the Bill of Sale form. This must be accompanied by the seller's duly signed-over vehicle title, with odometer disclosure. They also need a completed Vehicle Registration/Title Application (Form MV-82).
They'll submit these with the sales tax payment, title transfer and registration fees to the local New York DMV office.