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New Mexico Bill of Sale Form

The New Mexico Bill of Sale form is an official document that a seller or a buyer can start creating if they seek complete legitimacy and safety of the operation concerning the transfer of some property item. The items vary: one can build the Bill of Sale to minimize risks concerning the sale of a motor vehicle. Others will want to create the document to prove the ownership right for a newly-obtained boat or a gun. Others will initiate the development of the document if they want to ensure their right are defended by law when they sell a piece of valuable equipment of any kind. Some of the Bills of Sale might require the presence of a signature by the notary public while others need only to have the signs of the parties involved in the deal.

As to the parties, they can be individual seller/ buyer, an entity, or a group of both. In other words, when there is a need to sell or buy an item of value, it is strongly recommended that one should consider the completion of the certain Bill of Sale, This action will prove beneficial for both parties as it grants the safety of the operation for every person involved. In New Mexico, there are three kinds of the Bill of Sale: the General Bill of Sale needed to prove the legal transfer of anything from a wardrobe to a work of art; the Firearm Bill of Sale used to prove the legitimacy of the deal involving guns, and the Vehicle Bill of Sale and Vessel Bill of Sale form that one can use to minimize risks during the sale/purchase of a car or a boat.


Bill of sale form
Bill of sale form

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Sample NM Bill of Sale

 

For good consideration, I __________________ of _____________ County, New Mexico do hereby sell, transfer title and declare that there are no liens or encumbrances on the following described vehicle:

Year - Make - Model - VIN# - Odometer - Title/Tag State

to person(s) named below. A photocopy of this document is acceptable as a bill of sale. Any questions regarding the vehicle or its title should be directed to your local Department of Motor Vehicles. This vehicle will be sold "as-is" with no warranties expressed or implied. By signing below, you agree to these terms.

Acknowledged by Seller on _________ , _____ Signed by Seller's Name (Printed): _______________

Acknowledged by Purchaser on ________________, _____ Signed by Purchaser's Name (Printed): _______________

To use this document for legal purposes, please contact the appropriate state/country authorities for proper legal usage. It is the sole responsibility of the user to verify accuracy and proper usage of this document.

By using this sample document, you acknowledge that there are no warranties expressed or implied regarding its accuracy or validity. Moreover, you agree that you shall solely bear any liability arising out of its submittal.

The information contained herein is strictly for reference only. It should not be used without consulting with your legal counsel or tax expert consultants before engaging in any business activities.

Does New Mexico require a bill of sale?

New Mexico is one of three states that does not require a bill of sale upon the purchase and sale of a vehicle. This document's main purpose is to record the transaction and verify ownership between buyer and seller.

What other documentation do I need to buy a car in New Mexico?

New Mexico requires registration with the state for all vehicles that are purchased, even if the vehicle is exempt from sales tax.

Registration fees vary depending on the type of vehicle and how long it has been since the last time it was registered in New Mexico.

Before registering your vehicle, make sure that you have your sales tax receipt, proof of insurance, and bill of sale. All documents must be originals or certified copies.

For more information about New Mexico's registration process, visit the Motor Vehicle Division's website.


Bills of Sale for Other States: Texas, Colorado, Indiana, Florida, Missouri, Mississippi, California, Georgia, Tennessee

 

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