What Is a Mississippi Vehicle Bill of Sale?

A Mississippi Vehicle Bill of Sale is a legal document that records the particulars of the sale or transfer of any motor vehicle from the seller to the buyer in Mississippi. Selling or buying a vehicle is a major financial decision for most individuals, which requires a lot of preparation. Sometimes, the importance of a bill of sale is overlooked; nonetheless, this document proves a legitimate transaction took place and the seller no longer bears responsibility for parking tickets and speeding, it is not the new owner’s liability.

Alternate Names:

• Car Bill of Sale;
• Motor Vehicle Bill of Sale.

There is no uniform vehicle bill of sale in Mississippi. Still, you can create your own vehicle bill of sale using our customizable online template or download a ready-made one below. Bolivar County and Harrison County have their own bills of sale designed for the same purpose.

How to Sell a Vehicle in Mississippi?

There are several steps you must take when you sell a car in Mississippi:

1. Analyze the car market. Determine the effort you need to invest in selling your vehicle and estimate its price;
2. Find out the paperwork you are required to accumulate before the sale;
3. Prepare the vehicle for sale – clean it, repair it, and then advertise it properly;

   What Is a Mississippi Bill of Sale?

   A Mississippi bill of sale is a written record that documents the change in legal ownership of an item from one owner to another. In addition to being required to transfer the ownership through the state agency, a Mississippi bill of sale is an important part of personal record keeping. It can be extremely valuable if there is a legal dispute over the item.

    

   What Are Some Common Bills of Sale Used in Mississippi?

   The most commonly used bills of sale in Mississippi are a general bill of sale, a bill of sale for a motor vehicle, a bill of sale for a boat, and a bill of sale for a gun.

   A Mississippi bill of sale is a legal document used to transfer ownership of a valuable item from one person to another, based on the specific state laws of Mississippi (MS). The item can be any kind of personal property that is bought or exchanged for money, or traded for another item of value.

   On a bill of sale document, the person receiving the item is referred to as the buyer, and the person giving up the item is referred to as the seller.

   Much like a retail receipt, a bill of sale proves that a transaction took place, and documents the legal transfer of ownership. You should use a bill of sale in Mississippi if you’re buying or selling a car (or any type of vehicle), a boat, a gun/firearm, a motorcycle, or a horse.

   Common Uses of a Mississippi Bill of Sale

   Mississippi bills of sale are most commonly used for buying and selling motor vehicles. Other personal property of value such as boats, guns, horses, laptops, furniture, jewelry, and equipment are also frequently bought and sold using bills of sale.

   This form protects both the buyer and seller in the event that there is a problem after the sale.

   Because bill of sale laws vary across the US, you need to use the form specific to Mississippi if you’re buying or selling a valuable item in the Magnolia State.

   When trading vehicles in the state of Mississippi, one may need to utilize a bill of sale to record the transaction. A Mississippi motor vehicle bill of sale is a document created to confirm the transition of ownership over an asset. Under certain circumstances, you may need to use a vehicle bill of sale to register a car or sell it to a resident of another state.

   • No, a bill of sale isn’t always required to sell or purchase a vehicle. When transferring a title, the parties may not sign a Mississippi motor vehicle bill of sale if the title specifies the car’s price. In addition, authorized dealerships commonly complete all paperwork for their customers, so you won’t need a bill of sale when purchasing from a dealer. Vehicles manufactured before 1969 and ATVs don’t require titling under Mississippi regulations.Even though a bill of sale isn’t necessary to utilize, it’s strongly advised to sign a document whenever purchasing a vehicle from a private party. A bill of sale can protect the interests of both the buyer and the seller by providing legally recognized proof of the transaction. If you’re selling a car, the bill will confirm relinquished liability for the asset. From the buyer’s perspective, a bill of sale may be necessary to register the newly obtained vehicle (if the title doesn’t specify the price).

     To register an automobile with the Mississippi authorities, one must visit a Tax Collector’s office in their county. Mind that you aren’t allowed to drive a vehicle on public roads without registration. The procedure must be completed within seven days from the date of purchase. If you are obtaining residency in Mississippi, you’ll have 30 days to register an automobile. The following documents are required to transfer the title and complete registration:

     • Applicant’s ID. A valid driver’s license or a state ID is necessary.
     • Application for Mississippi Title and License. This form must be completed and signed by an applicant or their representative.
     • Vehicle title. To register a vehicle, one must provide its title and current registration documents.
     • Taxes and fees. See the official guide for a full list of charged taxes on dor.ms.gov.
     • Bill of sale (optional). If you are importing a vehicle, a bill of sale is mandatory.

       If you’re buying or selling a vehicle, firearm, boat, horse, or other valuable property in the State of Mississippi, a bill of sale provides documentation of your transaction. Learn what you need to include to create a legal bill of sale in Mississippi for a variety of transactions.

       A Mississippi general bill of sale is a form used to convey the transfer of ownership of personal property from a seller to a buyer. Generic bills of sale allow the parties to establish a legal and valid record of any transaction, with the option of notarizing the document to further authenticate the transfer. The seller should write a description of the item(s) sold and the total sale price. The buyer and seller will enter their names, addresses, email addresses, and phone numbers onto the form as well. By signing the bill of sale, the parties agree that ownership has been transferred to the buyer, and that the seller is no longer liable for the condition of the personal property.