Fillable Printable Vehicle or Vessel Bill of Sale Sample Form - New Mexico

Vehicle or Vessel Bill of Sale Sample Form - New Mexico

ENGINE NUMBER (IF APPLICABLE)

YEAR MAKE

VEHICLE OR HULL IDENTIFICATION (SERIAL) NUMBER

MODEL BODY TYPE (SERIES)

EXACT SALE AMOUNT:

VEHICLE OR VESSEL INFORMATION

SELLER'S NAME(S)

TYPE OR PRINT

ADDRESS

CITY, STATE, ZIP CODE

FIRST SELLER'S SIGNATURE

BUYER'S NAME(S)

TYPE OR PRINT

ADDRESS

CITY, STATE, ZIP CODE

SECOND SELLER'S SIGNATURE (IF JOINT OWNERSHIP)

DATE

X X

STATE BOAT TRANSOM DEPTH

BOAT BEAM WIDTH

OVERALL BOAT LENGTH

FT. IN. FT. IN. FT. IN.

LICENSE PLATE OR BOAT REGISTRATION NUMBER

VEHICLE ODOMETER DISCLOSURE STATEMENT

FEDERAL AND STATE LAW REQUIRES THE TRANSFEROR (SELLER) OF A VEHICLE TO STATE THE ODOMETER MILEAGE UPON

TRANSFER OF OWNERSHIP. ANYONE CONVICTED OF A FRAUDULENT ODOMETER STATEMENT WILL BE SUBJECT TO FINES

AND /OR IMPRISONMENT.

I (we) hereby certify that the ODOMETER READING of the vehicle described above is:_______________________________________ (no tenths) miles

and that to the best of my knowledge stated mileage is (check one of the following):

THE ACTUAL

MILEAGE (AM)*

MILEAGE IN EXCESS OF

MECHANICAL LIMITS (EL)*

WARNING!

NOT THE ACTUAL MILEAGE

ODOMETER DISCREPANCY (NM)*

* = Mileage Codes

SELLER'S

SIGNATURE X

SELLER'S

PRINTED NAME

BUYER'S

SIGNATURE X

BUYER'S

PRINTED NAME

PLATE - TO - OWNER INFORMATION: New Mexico uses a Plate-to-Owner procedure for transfering ownership of vehicles. Under

this procedure plates are assigned to you the owner (seller) rather than the vehicle. When disposing of a vehicle the license plate must be

removed by the seller before delivery is made to the purchaser or new owner. The seller then has 30 days in which to register the removed

plate with another vehicle of the same class or return it to a local MVD field office for cancellation.

ANY ALTERATIONS OR

ERASURES WILL VOID

THIS DOCUMENT!

-BUYER MUST TITLE AND REGISTER VEHICLE OR VESSEL BEFORE IT CAN BE SOLD AGAIN-

STATE OF NEW MEXICO - TAXATION & REVENUE DEPARTMENT

MOTOR VEHICLE DIVISION

MVD - 10009

REV. 08/95

NOTE: THE DIVISION IS NOT RESPONSIBLE FOR FALSE OR FRADULENT STATEMENTS MADE IN

CONNECTION WITH THIS TRANSFER OF OWNERSHIP OR HELD LIABLE FOR RECORDING ERRORS.

FOR THE EXACT AMOUNT INDICATED, I (WE) HEREBY SELL, TRANSFER AND CONVEY THE VEHICLE OR

VESSEL DESCRIBED BELOW, WARRANT IT TO BE FREE OF ANY LIENS OR ENCUMBRANCES AND CERTIFY

THAT ALL INFORMATION GIVEN IS TRUE AND CORRECT TO THE BEST OF MY (OUR) KNOWLEDGE.

BEFORE FILLING OUT FORM CAREFULLY READ INSTRUCTIONS ON REVERSE SIDE

IMPORTANT:

THERE IS AN ADDITIONAL

STATUTORY FEE FOR FAIL-

URE BY PURCHASER TO

APPLY FOR TRANSFER

WITHIN 30 DAYS FROM DATE

OF SALE.

INSTRUCTIONS

A Bill of Sale must be completed (by the seller with the buyer signing that he/she accepts the seller’s

vehicle odometer mileage reading, if applicable) only when a Certificate of Title is unavailable

or all the assignments and reassingments on the Certificate of Title have been filled out.

Seller must then remove the vehicle’s New Mexico license plate (if applicable) under Plate-to-Owner

procedures described on the front of this Bill of Sale. If the vehicle has an out-of-state license plate, it is

recommended that the seller remove the license plate(s) and either take them to a New Mexico MVD

office for disposal or return them to the state of issuance for cancellation.

Buyer must take the completed Bill of Sale, the Certificate of Title and/or other ownership documents to

a local Motor Vehicle Division field office to have the vehicle or vessel titled and registered in his/her

name(s). If the Certificate of Title is from another state or if the vehicle or vessel has never been titled in

any state, the vehicle itself must be taken to the MVD field office for visual inspection.

Buyer must title and register the vehicle or vessel before it can be sold again.

The buyer(s) will be mailed a bill to their address of record, notifying them that it is time to renew their

vehicle or vessel registration. However, the law does not require such notice as a precondition for the

owner to maintain timely and proper registration. The owner has the responsibility and is on continual

and permanent notice of the need to renew by the expiration date indicated on the license plate or boat

validation sticker and the Certificate of Registration. Failure to renew by the deadline may result in a

penalty.

By law you must notify the Motor Vehicle Division within ten days of any address change for all vehicles

owned and your driver’s license. Obtain Form 10284 from your local MVD field office.

PENALTIES

There is a penalty fee for not titling and registering vehicles or vessels within 30 days.

There is an additional penalty if the unregistered vehicle is driven on New Mexico roads.

There is an excise tax penalty if the vehicle or vessel in not titled within 90 days.

IF YOU HAVE ANY QUESTIONS REGARDING TITLING AND REGISTERING VE-

HICLES OR VESSELS IN NEW MEXICO, PLEASE CONTACT A LOCAL MOTOR

VEHICLE DIVISION FIELD OFFICE.