A Montana motor vehicle bill of sale (Form MV-24) refers to a legal form used to record the transition of ownership over a given vehicle. These documents can be used by individuals and privately owned businesses only, and they may be necessary for registering a vehicle in Montana. Bills of sale have multiple advantages, so a person should utilize this form whenever buying or selling a car. If you’re looking for a printable bill of sale template in PDF, DOCX, or other formats, consider checking out our library. There’s also a free form builder available for creating customized solutions.
Are Bills of Sale Necessary for Exchanging Motor Vehicles in Montana?
No, there’s no legal requirement to use a vehicle bill of sale whenever selling or purchasing a vehicle. This document is necessary when dealing with vehicles that aren’t titled. For instance, when purchasing used automobiles from private parties, you will need to sign a bill of sale to confirm the transition of ownership. This document isn’t the only one you can utilize; a purchase invoice or canceled check would be sufficient to title a vehicle in the state of Montana.
Although you aren’t required to utilize bills of sale, there are plenty of reasons to do so. This document acts as legal proof of ownership whenever needed, for instance, in a court or bank. A Montana motor vehicle bill of sale may be essential to register a vehicle or sell it to a resident of another state. Mind that bills of sale require notarization to obtain legal value in Montana.
Which Documents Are Needed to Register a Vehicle in Montana?
To register a motor vehicle, individuals must visit a County Treasurer’s office in their area. Registration must take place within 60 days from the date of obtaining residency or purchasing a vehicle. If your car is purchased from an authorized dealership, they will complete the paperwork for you. When buying from a private organization or individual seller, you need to provide the following documents:
- Vehicle title. The title is handed over to the buyer at the moment of completing the purchase (signing the bill of sale).
- Taxes and fees. The taxes charged may vary depending on the vehicle type.
- Applicant’s ID. A state ID or a driver’s license issued in Montana would satisfy the requirements.