Form Mvd 10009 PDF Details

When it comes to legal formalities involved in the transfer of vehicle or vessel ownership in New Mexico, the MVD 10009 form plays a crucial role. Designed and regulated by the State of New Mexico's Taxation & Revenue Department's Motor Vehicle Division, this form is fundamental in ensuring a smooth transition of ownership, free from liens or encumbrances. Detailed instructions on its reverse side guide sellers and buyers through the process, emphasizing the accuracy of the information provided and the legal implications of any alterations or erasures. The form incorporates a section for the odometer disclosure statement, mandatory under both federal and state laws, to ensure that the mileage stated is accurate, thereby protecting buyers from potential fraud. Additionally, it outlines the Plate-to-Owner transfer process unique to New Mexico, dictating that license plates stay with the seller, who then has responsibilities either to re-register the plate on a new vehicle or return it for cancellation. Vital for both parties involved, this document ensures clarity in the transaction process, specifies penalties for failing to timely title and register the vehicle or vessel, and underlines the importance of immediate notification to the MVD regarding any address changes. Utilizing the MVD 10009 form correctly is not just about compliance with state regulations; it's about safeguarding the interests of all parties involved in the transfer of ownership of a vehicle or vessel.

QuestionAnswer
Form NameForm Mvd 10009
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namesmvd new mexico bill of sale, mvd form 10009, nm bill of sale, new mexico bill of sale

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MVD - 10009

REV. 08/95

STATE OF NEW MEXICO - TAXATION & REVENUE DEPARTMENT

MOTOR VEHICLE DIVISION

ANY ALTERATIONS OR

ERASURES WILL VOID

THIS DOCUMENT!

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

BEFORE FILLING OUT FORM CAREFULLY READ INSTRUCTIONS ON REVERSE SIDE

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.

 

 

VEHICLE OR VESSEL INFORMATION

 

 

EXACT SALE AMOUNT:

 

 

 

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

YEAR

MAKE

 

 

MODEL

 

 

BODY TYPE (SERIES)

 

 

 

 

 

 

 

 

 

 

ENGINE NUMBER (IF APPLICABLE)

 

VEHICLE OR HULL IDENTIFICATION (SERIAL) NUMBER

LICENSE PLATE OR BOAT REGISTRATION NUMBER

 

 

 

 

 

 

 

 

 

STATE

 

OVERALL BOAT LENGTH

 

BOAT BEAM WIDTH

 

BOAT TRANSOM DEPTH

 

 

 

 

FT.

IN.

 

FT.

IN.

FT.

IN.

 

 

 

 

 

 

 

 

 

 

 

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 Codes

SELLER'S

PRINTED NAME

BUYER'S

PRINTED NAME

MILEAGE IN EXCESS OF MECHANICAL LIMITS (EL)*

SELLER'S

SIGNATURE X

BUYER'S

SIGNATURE X

WARNING!

NOT THE ACTUAL MILEAGE ODOMETER DISCREPANCY (NM)*

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.

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.

SELLER'S NAME(S)

TYPE OR PRINT

ADDRESS

DATE

CITY, STATE, ZIP CODE

FIRST SELLER'S SIGNATURE

X

SECOND SELLER'S SIGNATURE (IF JOINT OWNERSHIP)

X

BUYER'S NAME(S)

TYPE OR PRINT

ADDRESS

CITY, STATE, ZIP CODE

IMPORTANT:

THERE IS AN ADDITIONAL STATUTORY FEE FOR FAIL- URE BY PURCHASER TO APPLY FOR TRANSFER WITHIN 30 DAYS FROM DATE OF SALE.

INSTRUCTIONS

1.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.

2.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.

3.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.

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

5.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.

6.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

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

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

C.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.

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Part # 1 in completing new mexico bill of sale

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CITY STATE ZIP CODE, FIRST SELLERS SIGNATURE, and NOTE THE DIVISION IS NOT inside new mexico bill of sale

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