Do You Need a Bill of Sale to Trade Vehicles in Maryland?
Yes, a vehicle bill of sale is required to sell, purchase, title, and register a vehicle in the state of Maryland. If you are purchasing a vehicle from a private party, such as an individual or privately owned company, a bill of sale is necessary. Although you may indicate the vehicle’s price directly on the title, it’s still advised to sign the bill to avoid legal disputes. A notarized Maryland motor vehicle bill of sale can also save you some money when it comes to paying the state’s tax. If a bill of sale isn’t available, the tax amount will be determined based on the clean retail value, which may significantly increase the payment.
Mind that you must utilize a state-authorized bill of sale form to ensure that the document will obtain legal value. A physical copy of the form can be received at a Motor Vehicle Administration office. You can also download a printable template in PDF format from our website for free. Consider using a complimentary form builder if you need to design a custom document.