Mississippi bill of sale form is created to detail the essential aspects of private sales and ensure that both parties will not have any claims towards each other after the transaction.
Mississippi bill of sale is a document used for transactions involving various types of personal property: motor vehicles, vessels, trailers, animals, furniture, and equipment. Everything with a particular value can be passed to another person using a bill of sale. However, regarding vehicles and boats, the state may provide specific bill of sale forms that are more appropriate.
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|Document Name||Mississippi Vehicle Bill of Sale Form|
|Other Names||Mississippi Car Bill of Sale, Mississippi Automobile Bill of Sale|
|DMV||Mississippi Department of Revenue|
|Vehicle Registration Fee||$14|
|Bill of Sale Required?||Yes|
|Avg. Time to Fill Out||15 minutes|
|# of Fillable Fields||62|
Here are some bill of sale forms that might fit your specific needs. The templates are free to download and easy to print.
Mississippi vehicle bill of sale, along with valuable information about the parties and the vehicle itself, may facilitate the registration process for vehicle owners. A vehicle purchased in Mississippi must be registered within seven days after the legal sale. The vehicle registration lasts for a year.
|Alternative Name||Car Bill of Sale|
Mississippi boat bill of sale form will allow both seller and purchaser to alleviate their worries regarding possible claims of the opposite party regarding the boat purchase. A boat must be registered in Mississippi if equipped with propulsion machinery. The boat is expected to be registered within ten days after the transaction.
|Alternative Name||Vessel Bill of Sale|
A firearm bill of sale in Mississippi is meant to provide legal protection for both parties of the deal involving a gun. Sales of firearms in Mississippi are allowed for everyone who can lawfully purchase and own guns. A small category of people outlined in the Mississippi Code prohibits buying firearms. A concealed carry license is generally unnecessary, but in some instances, a gun owner will need a Firearm Permit.
|Alternative Name||Gun Bill of Sale|
A general bill of sale is a versatile document that lets you safely sell and purchase any personal property in Mississippi.
|Alternative Name||Generic Bill of Sale|
There is no official motor vehicle bill of sale form specific to Mississippi. Thus, you can use the general bill of sale template provided and checked by our dedicated lawyer. To complete the bill of sale template successfully, you need to conduct the following steps:
Step 1: Indicate the date of the document
The beginning of the document consists of the date when the bill of sale is conducted. It is recommended to complete the form when the purchase and sale is made to exclude any misdirections and misunderstandings.
Step 2: Provide the seller’s details
The following section consists of information concerning the person that sells the vehicle. To identify the vendor, you need to provide:
Step 3: Specify the buyer’s details
This section is organized similarly to the seller’s information section. Identify who the purchaser is by writing down the full name of the person who buys the vehicle, their address of residence, and contact information (phone number and email address).
Step 4: Describe the motor vehicle
It is vital to list all the valid information related to the vehicle object of the current transaction. Provide the basic information to ensure the registration process in the future and avoid more severe aftermath of events. Thus, write in the corresponding fields the following details about your vehicle:
Step 5: Give all the payment details
Here, the vendor must describe the agreed payment method, date, and purchase price. In the upper part of the section, write the day, month, and year when the transaction happens. Next, write down the purchaser’s total amount to deliver to the vendor.
In the following part, the vendor needs to check the box that adequately describes how the price will be paid. There are several options for delivering the payment to the vendor.
Next, provide the information on how the payment will be delivered to the recipient. It may be cash, cashier’s check, or money order. The document offers all these options, so you need to check the box that suits the case.
Last, indicate if the taxes are paid separately or included in the payment amount.
Step 6: Sign the document
The document will be authorized and considered valid only if both parties sign it. It is also recommended that the signature be made in the presence of the witness and notary public of applicable. Indicate the person’s full name that signs the form below the signature and provide the date when the action is performed.
Step 7: Notarize if necessary
The bill of sale form in the Mississippi state must be notarized only when the vehicle is imported from a foreign country.
To register a vehicle you have purchased in Mississippi, you must go to your local county tax collector’s office. It will register the vehicle at the county where it is stationed or its nightstand parking slot or garage.
You usually have up to seven business days to apply for the registration after purchasing the vehicle. If you’ve got your vehicle in a different county from your domicile address, you will have 48 hours to transport it to your county. But ensure you go to your local Department of Transportation with all necessary registration forms before the deadline, as the penalties will apply once you miss them.
When applying for the Certificate of Title, you must gather the documents the county requires. Usually, it includes the manufacturer’s statement of origin for all motor vehicles produced after 1970. If the vehicle’s year of production is earlier than 1970, the applicant must provide a previous owner’s recent or previous bills of sale, tags, and tax receipts. The DMV office will demand the out-of-state or duplicate title for vehicles purchased out-of-state. Additionally, you will need to have an odometer disclosure statement.
In Mississippi, the vehicle registration fees are $14 for new registration and $12.75 for the renewal application. Besides it, you will need to pay 5% sale taxes (3% for vans and trucks that exceed 10,000 pounds), privilege taxes, and ad valorem taxes. Taxes amount and size can vary depending on your city or county, so you’re encouraged to contact your local county tax office.
The sales tax rate is 5% applied to the net purchase price of your vehicle (price after dealer’s discounts and trade-ins.). The manufacturer’s rebates do not reduce the taxable selling price.
Mississippi Odometer Disclosure Statement
Form 78-013-18-8-1-000 or Affidavit of Ownership of Motor Vehicle is used to prove the ownership of the vehicle in case the certificate of title is unavailable due to a specific reason.
Mississippi Motor Boat Registration Application
Use an Application for Concealed Carry Firearm Permit (with instructions) if you want to get a firearm permit in Mississippi.