MD MVA Form VR-181 - Bill of Sale
Form VR-181 - Bill of Sale serves as a legal document to record the sale of a vehicle in Maryland.
This form is used when a vehicle is sold from one party to another. It documents essential information about the sale, including the buyer and seller details, vehicle description, purchase price, and date of sale. For example, when an individual sells their car to another person, they would complete a bill of sale to formalize the transaction.
The parties involved are the buyer and seller of the vehicle. The form typically consists of sections for both parties to provide their information, vehicle details, and the terms of the sale. Accurate completion is crucial to create a legally binding record of the transaction.