In the realm of vehicle transactions, various situations may necessitate the rescission of a motor vehicle sale, where essentially, a completed sale is undone, and the vehicle is returned to the seller. The Massachusetts Department of Revenue provides a form known as the MV-AB2 Affidavit — Rescission of Sale of a Motor Vehicle for this exact purpose. This essential document serves as a formal declaration by both the buyer and the seller that they have agreed to reverse the sale. The form is thoughtfully divided into two main parts. Part 1 requires information from the purchaser, including details about the vehicle, the purchase, and the return. Part 2 is filled out by the seller, who must indicate whether the vehicle was returned to stock, if the sale was completely rescinded, and if any funds were refunded, excluding registration fees and taxes. Both parties are also required to attest to the truthfulness of their statements under the threat of perjury, highlighting the seriousness with which this document is treated. To successfully apply for an abatement — a component of rescinding a sale that could lead to a refund of the purchase price minus certain fees — the seller and purchaser must complete and sign the MV-AB2, following specific instructions laid out by the Department. This process not only underscores the legal and financial implications of rescinding a vehicle sale but also serves to protect both parties involved in the transaction.
| Question | Answer |
|---|---|
| Form Name | Form Mv Ab2 |
| Form Length | 1 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 15 sec |
| Other names | form ab2 2017, preestablished, ab 2 form, Massachusetts |
Form
Affidavit — Rescission of Sale of a Motor Vehicle
Rev. 4/99
Massachusetts
Department of
Revenue
Please read the instructions below before completing this form. All entries must be printed except for signatures.
Part 1. Motor Vehicle Returned
Year |
Make |
Model |
Vehicle identification number |
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Title number |
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Name of purchaser |
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Date of sale |
Date vehicle returned |
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Street address |
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City/Town |
State |
Zip |
I purchased the motor vehicle described above from:
Name of seller |
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Telephone |
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Street address |
City/Town |
State |
Zip |
Part 2. Following to Be Completed by Seller
Private parties must complete 1 and 2. Dealers must complete 1 through 5.
1.Have all monies been refunded (not including registration fees and taxes)? Yes No. If no, please explain:
2.Date vehicle returned to you
3.Was the above vehicle returned to stock? Yes No.
4.Was this a complete rescission of sale? Yes No.
5. Was the above vehicle accepted as a
I declare under the pains and penalties of perjury that I have reviewed this affidavit and the statements I have made in it and declare that they are true, correct and complete.
Seller
Date
Purchaser
Date
Instructions
The purchaser of a motor vehicle may be entitled to a refund when a sale is rescinded. The purchase price must be refunded in full, less any pre- established handling fee and the motor vehicle returned within 180 days from the date of purchase.
Please submit the following when applying for an abatement:
1.Application for Abatement
2.Copy of registration showing amount of sales tax paid.
3.Completed Affidavit — Rescission of Sale of a Motor Vehicle
Seller must complete Part 2.
Both purchaser and seller must sign this form.
Please note that your statements are to be made under the pains and pen- alties of perjury and that a statement which is made willfully and is false as to a material matter may be punished as a felony under Massachusetts General Laws, Ch. 62C s. 73, or Ch. 268 s. 1A. Perjury is a serious crime and punishment can be severe.
Mail completed package to:
Massachusetts Department of Revenue
Customer Service Bureau
PO Box 7031
Boston, MA 02204
(617)