Create a customized Montana personal property bill of sale. The Montana personal property bill of sale is state specific, editable and printable. The Montana personal property bill of sale form is used to transfer the ownership of personal property from a seller to a buyer. A Montana general bill of sale is a form that is used between two (2) private parties to prove the legal sale and purchase of personal property. The form provides information with regard to the property being sold and purchased, and it proves a change of ownership has occurred. This document will require notarization.
A Montana bill of sale is a legal document used to prove the sale of a valuable item from one person to another in Montana (MT). The item can be any kind of personal property that is bought or traded for another item of value. The Montana personal property bill of sale form is a legal document provided for the transfer of the personal property.
A bill of sale document records important details about the item purchased (like serial numbers and description) as well as the purchase price, payment method, and buyer/seller information.
A Montana bill of sale is a proof of purchase document used by buyers and sellers to complete private transactions involving personal property. Some types of personal property, such as cars, boats, and firearms, have their own bills of sale geared specifically towards selling those items. A general/generic bill of sale can be used to record the transfer of all other types of personal property. A bill of sale contains a description of the property sold, the final sale price, the names and contact information of the buyer and seller, and each party’s signature. These forms are useful for proving transfer of ownership and, in some cases, for tax reporting purposes.
Much like a retail receipt, a bill of sale proves that a transaction took place, and documents the legal transfer of ownership. If you’re buying a car or boat using a Montana bill of sale, you’ll need a bill of sale to transfer the title to your name.
Common Uses of a Montana Bill of Sale
Montana bills of sale are most commonly used for buying and selling motor vehicles or other personal property of value such as boats, guns, horses, laptops, furniture, jewelry, and equipment. This form protects both the buyer and seller in the event that a problem arises after the sale. Because bill of sale laws vary across the US, you need to use this state-specific form if you’re buying or selling an item in Montana.
Free Montana Bill of Sale Templates
Generic MT Bill of Sale:
MT Vehicle/Vessle Bill of Sale:
How to Write a Montana Bill of Sale
Once the terms of the transaction have been agreed by both parties, the buyer and seller should complete a bill of sale form. If the item being sold or exchanged is not a car, boat, firearm, or horse, you can fill out a general Montana bill of sale by including the following:
Seller and Buyer Information
The buyer and seller need to provide their respective contact details, including their full names, addresses (including cities, states, and ZIP codes), telephone numbers, and email addresses.
Item Information and Price
This section may vary depending on the type of item involved in the transaction, but you’ll always need to write the agreed-upon sale price and describe the item’s condition. Noting any faults or damage will help you avoid disputes later.
You’ll also want to include details that could help identify the unique item being sold. Such information may include:
- serial number
Any additional information that can help differentiate the property in question from a similar item is important to include.
Date and Signatures
After you’ve filled out the above information, both parties should review the form to ensure that everything is accurate and as it was agreed upon.
Once everything looks good to both parties, they need to write the date and provide their signatures. As soon as the bill of sale is signed and dated, the transaction has been completed and the buyer can assume ownership of the property.
Types of Bills of Sale
As a guide, you can reference the following bills of sale by type:
- Vehicle Bill of Sale
- Boat Bill of Sale
- Gun Bill of Sale
- Horse Bill of Sale
Using the correct type of bill of sale ensures that your document contains all of the necessary information and is legally-binding.
Motor Vehicle Bill of Sale – A signed receipt for the private sale of a motor vehicle.
Firearm Bill of Sale – Used for the transfer/sale of a handgun or long gun between an unlicensed seller and a buyer.
Boat Bill of Sale – A bill of sale for the transfer of boat ownership between a buyer and seller.
Generic Bill of Sale – A bill of sale that records the transfer of ownership of personal property from seller to buyer.
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