In the state of Michigan, one of the requirements for selling a motor vehicle is filling out a bill of sale template. The document must be handed over to the purchaser of the vehicle. In Michigan, it is officially recognized as Form TR-207. The paper legally confirms the purchase of a motor vehicle for personal or commercial purposes and the change of proprietorship of the motor vehicle. It comprises the information about the main characteristics of a vehicle itself and requires that the buyer’s and the seller’s details should be provided. The document must be verified by a notary public.
Michigan Vehicle Bill of Sale Form is required when selling the following types of vehicles:
Following federal law and section 223a, Michigan Vehicle Code 1949, an individual is to attach an additional document to complete the Bill of Sale form and make the selling procedure completely legal — The Odometer Mileage Statement (Form BVDR-108). The document confirms or disproves the fact that the odometer reading coincides with the actual mileage. The odometer details are to be acknowledged and signed by the buyer and the purchaser.
Michigan bill of sale templates – browse bills of sale used for other assets in the State of Michigan.
Download your fillable Michigan Vehicle Bill of Sale Form in PDF format:
– Adobe PDF
Michigan Motor Vehicle Registering Procedures
In Michigan, if you want to drive your motor vehicle on the state’s roads legally and avoid fines or imprisonment, you must have your vehicle registered within the deadline of fifteen days since the purchase was made or the acquisition of the vehicle took place.
Keep in mind that you are responsible for fulfilling all the registration and titling requirements if you buy a vehicle from an individual. When a vehicle is purchased from a dealer, you can be certain that they provide all the necessary documentation on your behalf.
If you participate in a private sale and have to register your vehicle yourself, make sure that you have all the necessary documents completed and verified. Submit the documentation to the nearest Secretary of State Office, where you can complete both titling and vehicle registration. A new buyer cannot appoint a representative for dealing with the registering procedure. They must visit the local office in person.
The following steps and papers are mandatory for a new purchaser to provide:
- The essential step in the registration process is titling your vehicle. The titling form indicates that you are the owner of the vehicle. If you fail to transfer your vehicle’s title within fifteen days after the purchase, the state will perform a fee penalty. Be ready to pay taxes for the service. If any of your close relatives take over the vehicle’s ownership, no tax payment is required. Keep in mind that the title cannot be transferred if the vehicle loan has not been paid off yet;
- The state of Michigan requires that you provide the vehicle identification number (VIN), a code that helps identify the vehicle. If you have participated in a sale with an individual seller, you must check if the number coincides with the VIN on the vehicle’s title.
- As it was mentioned above, the buyer is to attach the odometer reading recordings that state what mileage the odometer shows and that it doesn’t differ from the actual mileage. If the vehicle is titled, make sure that there are no discrepancies relating to the actual odometer reading and the statement on the title;
- It is essential to provide documentation relating to your vehicle insurance. If an accident happens, the insurance company, as a rule, covers all the expenses;
- The registering procedure requires that you provide photo identification to prove that you are the person who you say you are. You must visit the office in person, and the service agent performing the registration must make sure if the photo matches with your actual appearance;
- If there is a lien on your vehicle, contact the lienholder to obtain their signature.
- Without the seller’s and the purchaser’s signing the documentation, the registering procedure will not be completed;
- Be aware of the taxes that are to be paid for the services. Look up the taxes on the official website of the Secretary of State Office.
Once you have completed all the required forms and obtained the necessary documentation, you can submit it to the nearest office in your city.
How To Fill Out the Form
The following step-by-step instruction can do you a service when you need to fill out the Michigan Vehicle Bill of Sale Form.
1. Download the Form
Make use of our form building software to download the Michigan Motor Vehicle Bill of Sale Form. You can start inputting the information right away or print it and fill out in handwriting.
2. Insert Your Name
First and foremost, the form demands that you make a statement claiming that you have sold the purchaser’s vehicle. You are to write your full name in the blank section in the middle of the statement.
3. Select the box
In the next section, you are provided with the three boxes relating to the type of vehicle or vessel you sell (a trailer, boat, or snowmobile). Check the necessary box.
4. Provide the Buyer’s Details
Specify who you have sold the vehicle to. Insert the buyer’s personal information – the full name, current address, and ZIP code.
5. Insert the Purchaser’s Details
In this section, write the amount of money you have indicated as the selling price. Provide your personal details, such as the name and full address. Do not forget to sign the form in a special box marked with a criss-cross.
6. Specify the Weight (if necessary)
If you transfer a trailer’s ownership for commercial purposes, make sure that you have the former registration provided or the trailer weight verified.
Other Michigan Forms By Type
Other Vehicle Bill of Sale Forms By State
- Alabama car bill of sale
- AZ bill of sale for a vehicle
- Arkansas free auto bill of sale template
- California car bill of sale
- Colorado car bill of sale
- Connecticut car bill of sale
- Florida car bill of sale
- Georgia car bill of sale
- Idaho car (DMV) bill of sale
- Illinois vehicle bill of sale form
- Indiana motor vehicle (BMV) bill of sale
- Kansas car bill of sale for used vehicles
- Maryland car bill of sale for a car
- Massachusetts private automobile bill of sale
- Missouri car bill of sale template
- Nevada auto (DMV) bill of sale
- NJ car bill of sale
- NM car (MVD) bill of sale
- New York State car bill of sale
- NC bill of sale for a vehicle
- Oregon car bill of sale
- SC auto bill of sale
- TN car bill of sale form
- Texas car bill of sale
- Utah vehicle bill of sale form
- VA car bill of sale form
- Washington State car bill of sale