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Form 1957
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Form 1957 Bill of Sale or Even-Trade Bill of Sale - Missouri
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Missouri Department of Revenue Form 1957
Form 1957, Bill of Sale or Even-Trade Bill of Sale is a legal document that allows the seller and the buyer to exchange a certain sum of money for any motor vehicle, boat, trailer, or outboard motor. This document is essential in making the sale and purchase valid - it shows the agreement of the parties and proves the payment in good faith. Form 3019 (Odometer Disclosure Statement) must be filed with every sale.
Alternate Name:
- Missouri Vehicle Bill of Sale Form.
This form was released by the Missouri Department of Revenue . The latest version of the document was revised on October 1, 2013 , with all previous editions obsolete and can be downloaded through the link below.
Does a Vehicle Bill of Sale Have to Be Notarized in Missouri?
According to the instructions provided on the form, Form 1957 must be notarized only to show proof of ownership on major component parts of a rebuilt vehicle or per specific request from the Department of Revenue.
How to Sell a Vehicle in Missouri?
There are several steps you need to take when selling a car or selling a boat in Missouri:
- Make necessary repairs to the vehicle - there may be issues that will prevent the sale. Determine the reasonable price of the car or boat. Clean your vehicle and advertise it. Also, it is essential to find a good venue to present the vehicle to potential new owners;
- Establish which documents are needed to make the sale legitimate. Under the law, you need to sign a bill of sale or a notice of sale, provide a certificate of title to the vehicle buyer, and have safety and emissions inspection papers not more than 60 days old in your possession. Sometimes, there are additional documents - a Manufacturer's Statement of Origin, a court order, or an out-of-state registration card;
- Complete and sign the bill of sale. Each party needs to have a copy of the document as a proof the transaction took place;
- Give all the vehicle documentation to the buyer.
When the vehicle is purchased, the new owner becomes liable for registering the vehicle with the Missouri Department of Revenue within thirty days from the date of purchase. It is required to pay the appropriate fee and obtain insurance.
Form 5049, Notice of Sale or Transfer is a related document that may be used instead of a bill of sale when you need to:
- Obtain a subsequent vehicle tax credit or a 180-day replacement;
- Obtain a temporary permit;
- Substantiate the purchase price of the item.
The Missouri Vehicle Bill of Sale contains the following information:
- The full names and addresses of the parties;
- Description of the motor vehicle, boat, trailer, or outboard motor. Write down its make, year, title number, sale date, price, and identification number;
- Description of the unit or vehicle traded for if the transaction involves trade;
- Signatures of the seller and the purchaser;
- Notary seal. The document must be notarized when you demonstrate proof of ownership of major component parts of a rebuilt vehicle or when it is specifically requested by the Department of Revenue.
Other Related Templates and Forms:
Download Form 1957 Bill of Sale or Even-Trade Bill of Sale - Missouri