New York DMV Bill Of Sale Form
The New York Motor Vehicle Bill of Sale, also referred to as “Form MV-912”, is considered a legal document that will provide proof that a motor vehicle, in the state of New York has been legally sold an acquired. The form will also provide proof that there has been a change in ownership of the vehicle. The document will offer information with regard to the seller, buyer, and any identification of the vehicle proper. This form will require notarization and may be required for registration.
New York DMV Bill Of Sale PDF Form
The state of New York requires the seller have a signed, dated, and sometimes even notarized New York DMV bill of sale as part of the title transfer paperwork; other states don’t.
Whether the law requires it or not. A completed bill of sale is an essential addition to your records―especially if you’re the seller. Your bill of sale proves you sold. And are therefore no longer responsible for the vehicle, should the new owner incur a traffic violation or get into an accident.
What Is a Bill of Sale?
A bill of sale is a document recording a transaction between two parties. For the seller, a bill of sale shows the date the vehicle was sold and information about the buyer. For the buyer, it gives specific information about the vehicle that can be checked against a Vehicle History Report.
A bill of sale does not prove ownership—only a title transfer does that.
Do You Need a Bill of Sale?
Regardless of your state’s legal requirement, the bill of sale is an important record of the transaction and benefits both the buyer and seller.
If You Are the Buyer
Sellers are usually responsible for providing the bill of sale; however, buyers are advised to bring one to the table, too―just in case.
A bill of sale not only serves as a record of the sale, but the details provided within (such as purchase price, VIN, and odometer reading) may make for a more seamless registration process for your newly purchased vehicle.
If You Are the Seller
Some states require the seller have a signed, dated, and sometimes even notarized bill of sale as part of the title transfer paperwork; other states don’t.
Whether the law requires it or not, a completed bill of sale is an essential addition to your records―especially if you’re the seller. Your bill of sale proves you sold and are therefore no longer responsible for the vehicle. Should the new owner incur a traffic violation or get into an accident.
Whether you are the seller or the buyer of the vehicle, you should never walk away from the transaction without a copy of the bill of sale.
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