![]() ![]() ![]() It is crucial that both parties review the Bill of Sale thoroughly before signing it to ensure that all the terms and conditions are accurately reflected. The seller guarantees that the mobile home is debt-free and owns it outright. Montana Bill of Sale of Mobile Home without a Lien: This type of document is used when the mobile home being sold is free of any liens or encumbrances. Montana Bill of Sale of Mobile Home with a Lien: This document outlines the transfer of a mobile home that has an existing lien, and the buyer agrees to assume responsibility for the outstanding debt. Different variations of the Montana Bill of Sale of Mobile Home may include specific types, such as: 1. The Bill of Sale will state whether the buyer is assuming the existing lien or if the seller is responsible for clearing it prior to the transfer of ownership. A lien is a legal claim by a creditor or lender against an asset (in this case, the mobile home) as collateral for a debt or loan. ![]() When there is an existing lien on the mobile home, it is important to specify this in the Bill of Sale. It also includes the purchase price of the mobile home and any additional terms or conditions agreed upon by both parties. The Bill of Sale typically includes key information such as the names and contact details of both the buyer and the seller, the mobile home's identification number or VIN, and a detailed description of the mobile home including its make, model, and year of manufacture. This document is crucial as it provides proof of the transaction and protects both the buyer and the seller from any potential disputes. The Montana Bill of Sale of a Mobile Home with or without an Existing Lien is a legal document that outlines the transfer of ownership of a mobile home from one party to another within the state of Montana. The form must be signed in the presence of a notary public. The form also provides a section for the seller to list any and all liens against the mobile home. Registration Fees (based on length and age of watercraft).This form is a Bill of Sale for a mobile home.$50,000 because of bodily injury to or death of two or more persons (one accident).$25,000 because of bodily injury to or death of one person (one accident) and.$20,000 because of injury to or destruction of property of others (one accident).Proof of Insurance with Minimum Requirements:.Montana Motor Vehicle Power of Attorney must be included if the owner designates another individual to register the vehicle on their behalf.Application for Replacement Certificate of Title (Form MV7) (if the owner needs a replacement title, mail application to the Vehicle Services Bureau).Application for Certificate of Title of a Motor Vehicle (Form MV1-16) (if the owner needs a new title, apply in-person at the county treasurer’s office).Odometer Disclosure Statement (Form MV90-A).General Bill of Sale– Generally, this document is used by two private parties to document the sale and purchase of personal items. Forms (4) Vehicle Bill of Sale (Form MV24) – This document will provide information regarding a motor vehicle’s legal sale and purchase.īoat Bill of Sale– This document would be used to prove a legal sale and change of ownership of a vessel/boat (motorized).įirearm Bill of Sale– This form would be used to document the legal sale and purchase of a firearm. If for a motor vehicle, the buyer will need a signed copy and the certificate of title to register with the state of Montana (MVD). It should include the parties’ information, property description, and purchase price. A Montana bill of sale allows a buyer to create a legal document to purchase personal property, commonly a motor vehicle.
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