The Maryland bill of sale form VR-181 is a legal document used to record the sale of a motor vehicle between two parties. The form is used to transfer ownership of the vehicle from the seller to the buyer. Here’s how to complete the Maryland bill of sale form VR-181:
Step 1: Identify the parties involved
At the top of the form, you need to identify yourself as the buyer, as well as the seller. Include your full legal names, addresses, and phone numbers.
Step 2: Describe the vehicle
In the section labeled “Description of Motor Vehicle,” provide information about the vehicle being sold. This includes the year, make, model, vehicle identification number (VIN), and odometer reading.
Step 3: Indicate the sale price
In the section labeled “Purchase Price,” you need to indicate the sale price of the vehicle. This should be the agreed-upon price between you and the seller.
Step 4: Sign and date the form
Both you and the seller must sign and date the Maryland bill of sale form VR-181. Make sure the signatures are original and not photocopied or electronic.
Step 5: Submit the form
You should keep the original form, while the seller should keep a copy for their records. The form is not required to be submitted to the Maryland Motor Vehicle Administration (MVA), but it is recommended that both parties keep a copy for their own records.
Remember, the Maryland bill of sale form VR-181 is only a legal record of the sale between you and the seller. You must still obtain a title transfer from the MVA to legally register and operate the vehicle. Keep in mind that it is crucial to have all necessary paperwork completed accurately and in a timely manner to ensure the smooth transfer of ownership.