free bill of sale template for car in maine

The seller enters the exact odometer information and signs and prints their name in the red field. In the red rectangle marked “1” the seller enters the buyer's name and address, and the car purchase price.

Here is the process for filling out the back of a Maine title. The back of the title has sections for the seller (red), and the buyer (teal). The lienholder will release the lien by entering the required information (if applicable). The front of a Maine title has a section for the lien holder. Do not erase anything or use white-out.Important Info for Signing the Title CertificateĪlways keep the following in mind when signing the title certificate: There are some key details you need to pay attention to when signing a ME vehicle title. It's probably the most important part of the whole transaction, right after the buyer pays for the car. This is the step where the seller signs the title over to the buyer. It’s time to do the actual ownership transfer. You’ll also get new Maine license plates and used car insurance. You will finalize with the Maine BMV to get title and registration in your name. As the buyer, you become the legal owner as soon as the seller transfers the title to your name.The seller is officially done with the car, once they take the license plates off the car.

As the car seller, you will formalize the transaction when you transfer ownership of the car by signing the title over to the buyer.The second step is an administrative formality. The first step is the most important (the meeting between the seller and the buyer). The buyer registers the newly-bought vehicle and formally translates the title to their name with the Maine Bureau of Motor Vehicles (BMV). The purchaser is now the legal owner of the vehicle.

Both parties must complete and sign the physical certificate of title. There are two stages to a title transfer: Vehicle Title Transfer Process In MaineĪ transfer of the vehicle's title makes the purchaser the new owner. To learn more about the importance of the certificate of title, read our complete guide to car titles. Our handy title transfer guide gives you everything you need to know when signing over a car title in ME. The title transfer needs to be a safe and legal process, especially in private party car sales. How to fill out the car title transfer form? What is the Maine title transfer process? When purchasing or selling a used car in Maine, transferring the title is one of the most important steps. A certificate of title is a document that proves car ownership.

Free bill of sale template for car in maine