A Michigan bill of sale is a legal instrument that records the details of any private transaction, from selling a motor vehicle to buying a horse. Being formally optional for private sales, bills of sale function as additional insurance that you will receive what you give money for and that there will be no legal risks from the transaction.
Particular sales will need specific bill of sale forms, and it’s vital to learn which one is suitable for you and applicable in Michigan.
Below, you will find our freely available printable template ready for you to download and work with. We’ve also outlined all the details you may need to know about the bill of sale preparation.
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There exist a variety of bills of sale, and each of them is needed for different situations and certain types of transactions. You may want to try and go with the right bill of sale form and record it accordingly with the state pertaining to the type of sale you’re carrying out.
A Michigan bill of sale for a motor vehicle records the transfer of vehicle ownership and is used to register a purchased vehicle in the local Department of Motor Vehicles (DMV). The bill of sale must contain the vehicle’s make, model, year, identification number (VIN), and latest mileage.
|Alternative Name||Car Bill of Sale|
A Michigan boat bill of sale proves the boat ownership transfer from a seller to a buyer. The document should include the Hull Identification Number (HIN) together with other boat characteristics, such as make, model, year of manufacturing, and condition. To confirm that the identification number on the record matches the boat’s one, you’ll be required to get a verification form for a serial number.
|Alternative Name||Vessel Bill of Sale|
A Michigan bill of sale for a firearm serves as a receipt when selling and buying a gun. The document must contain such details as the firearm’s model, make, and caliber. You’ll also have to identify the serial numbers of a gun, the price, and the parties’ contact information.
|Alternative Name||Gun Bill of Sale|
A Michigan general bill of sale is designed to record any private transaction and serves as an extra security layer for sellers and buyers. As a rule, it’s used for large property transfers, including vehicle accessories, livestock track or equipment, machinery, and tools.
|Alternative Name||Generic Bill of Sale|
You will have 15 days from the time of the sale or the moment you transferred to Michigan to register your vehicle. The auto insurance for injuries for each individual will have to be with a minimum of $20,000, and per accident up to a total of $40,000 in coverage.
Boat registrations in Michigan are generally legitimate for three years and expire on March 31 of the last year. They are required for all vessels used on public waters. 6.25% of the cost of the boat is the general boat registration tax. For changing ownership of a boat, both sides must sign the bill of sale.
There isn’t a special law that demands guns to be registered, and there’s no firearms state registry in Michigan. However, to purchase a gun, a buyer must obtain a purchase permit. A seller, in their turn, is required to keep records of all firearms sales and report them to law enforcement.
Michigan Vehicle Title Application.
Used to prove the ownership of the vehicle or vessel when the title is lost, destroyed, or stolen.
It discloses the vehicle’s odometer reading and should be attached to your bill of sale.
Used to inspect whether an assembled vehicle is eligible for titling.
Use this form if you want to appoint another person to register your purchased vehicle.
The seller must obtain parental permission to sell a vehicle to a minor.
Official Michigan bill of sale form.
Michigan Boat Registration/Title Application.
Used to certify that the watercraft ownership is transferred to the buyer and that the watercraft is free of all liens.
Documents the details of the transaction.
Used when one buyer purchases multiple firearms on the same purchase date.