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Firearm Bill of Sale Form - New Mexico
What Is a New Mexico Firearm Bill of Sale?
The New Mexico Firearm Bill of Sale is the document created in order to substantiate the transfer of a firearm within the state and to record the main details of the deal. It traditionally contains the identification information about the seller, the buyer, and the sold item. It also includes basic details of the transfer, such as the sales price and the date of sale.
Alternate Names:
- Gun Bill of Sale;
- Pistol Bill of Sale.
New Mexico authorities do not provide any state-issued form you have to complete when transferring your handgun or rifle. A generic form will do as long as it includes all the necessary information. Download the New Mexico Firearm Bill of Sale through the link provided below. You can also choose to create your specific document with our form builder .
Does a Firearm Bill of Sale have to be Notarized in New Mexico?
This Bill of Sale does not require notarization. However, it is recommended that the document be notarized to ensure the protection of both the seller and the buyer.
New Mexico Firearm Registration
New Mexico firearm laws are among the least restrictive in the United States. You can easily buy either a long gun or a handgun without any purchase permit. There is no magazine capacity restriction either. You do not need to receive any license in order to open carry a loaded rifle or handgun. However, concealed carry requires a state-issued permit.
The state does not have any prohibitions or limits as to the number of firearms a buyer can purchase at one time. Federally licensed firearm dealers must conduct a background check on a prospective buyer before selling a firearm. Since July 1, 2019, the state obliges private sellers to sell their firearms through a federally licensed dealer who will perform a background check. It is not required to document the deal on a bill of sale, but many private sellers, as well as firearm dealers, prefer to fill it out anyway.
If properly completed, this document serves the following purposes:
- Releases the seller from further responsibility for the sold weapon and its use;
- Proves the buyer indicated in the document is the new owner of the described gun;
- Serves as the purchase receipt;
- Contains important information about the terms of the sale, transferred firearm, and both parties of the deal;
- Substantiates the fact of sale and protects the legal interests of both parties.
In order to serve its purposes in the best way, the New Mexico Gun Bill of Sale should contain:
- Names and addresses of both parties;
- A detailed description of the transferred firearms. The description should include the manufacturer, model, caliber, serial number, and other important details;
- List of firearm defects if any;
- If any ammunition is added, it should be indicated on the document as well;
- Sales price;
- Date of sale;
- Additional terms and conditions if any;
- Signatures of both parties.
Create two copies of the document. Keep one for your records and provide the buyer with the other. You are not required to notarize the document, but you may do so for extra protection.
Related Forms and Templates:
- Gun Bills of Sale by state;
- Other Bills of Sale for the state of New Mexico.
Download Firearm Bill of Sale Form - New Mexico
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