The Maryland General Bill of Sale is a legal document, generally used between two individual parties in the sale, purchase or trade of personal property. This document will also establish that there has been a change of ownership and will supply specifics about the item(s) that are being purchased or traded. This form does require notarization.
How to Write
Step 1 – Seller and Buyer Information – Enter the following:
- The Seller –
- Name
- Driver’s License Number
- Physical Address
- City
- State
- AND
- The Buyer –
- Name
- Driver’s License Number
- Physical Address
- City
- State
Step 2 – Property Details – Provide the details of the property being sold and purchased:
- Details
- Serial Number (SN) (if any)
Step 3 – Trade/Purchase Price – Check the boxes that apply. Enter additional information if required:
- If the first box is checked, the seller will only accept monetary payment – Enter the dollar amount in words
- Enter the dollar amount in numbers
- Enter the date as to when the parties agree that payment will be made, in mm/dd/yyyy format
- Provide the date in which the document will be known in mm/dd/yyyy format
- Should both parties agree that payment will be made at a later date, enter that date mm/dd/yyyy format
- Other – If different negotiations have been agreed upon, enter a description of the negotiations results (if extra room is needed add a sheet and attach it to the form
- Check the box if no money will be exchanged if the item(s) are being provided as a gift to the “buyer”
- Check the final box in this section if this is going to be an agreed trade. Describe of the conditions of the trade
Step 4 – Seller’s Disclosure – The seller must read the statements and provide information regarding any known defects in the property being sold
- If all signatories are present before a notary public and have been identified, the seller must sign in agreement to the statement after recording the possible defects (if any)
Step 5 – Signatures – If all signatories are present before a notary public enter the required information:
- The Seller –
- Signature
- Printed Name
- AND
- The Buyer –
- Signature
- Printed Name
- AND
- The Witness –
- Signature
- Printed Name
Step 6 – Notarization – When the notary has witnessed all signatures, she or he shall then complete the remainder of the form, also affixing their state seal.
- Make copies of the completed document to provide copies to all who have signed, for their records
- Give the original copy to the buyer