New Mexico Motorcycle As Is Bill of Sale

Bahman Eslamboly

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When buying or selling a motorcycle it is important that the terms of the transaction be in writing. This Motorcycle โ€œAs Isโ€ Bill of Sale and Odometer Disclosure Statement will document the terms of the sale and is useful for tax and accounting purposes. This form also allows the seller the option of selling the motorcycle without any type of express or implied warranty. Having a written Motorcycle โ€œAs Isโ€ Bill of Sale will prove valuable in the event of disagreements, misunderstandings or litigation.

Among others, this Motorcycle โ€œAs Isโ€ Bill of Sale for New Mexico contains the following provisions:
  • Consideration Paid: This provision sets forth the amount paid for the motorcycle;
  • Seller's and Buyer's Name and Address: Identifies the parties to the sales transaction;
  • Description: Identifies the motorcycle being sold, including the make, model, year, mileage, engine size and vehicle identification number;
  • Warranties: Seller warrants that the motorcycle is sold with no express or implied warranties;
  • Odometer Disclosure Statement: Sets forth the odometer reading of the motorcycle and any discrepancies.

Protect your Rights and your Property by using our professionally prepared up-to-date forms.

This attorney-prepared packet contains:
  1. Instructions and Checklist
  2. General Information
  3. Motorcycle โ€œAs Isโ€ Bill of Sale and Odometer Disclosure Statement for New Mexico
State Law Compliance: This form complies with the laws of New Mexico

New Mexico Motorcycle As Is Bill of Sale

Product Details

Product New Mexico Motorcycle As Is Bill of Sale
Country United States
Pages 4
Dimensions Designed for Letter Size (8.5" x 11")
Printer compatibility Designed to print on all ink-jet and laser printers
Editable Yes (.doc, .wpd and .rtf)
Format Microsoft Word
Adobe PDF
WordPerfect
Rich Text Format
Platform Windows Compatible
Mac Compatible
Linux Compatible
Availability In Stock. Instant Download
Usage Unlimited number of prints
Category Motorcycle AS IS Bill of Sale
Product number #38575
Download time Less than 1 minute (approx.)
Document Access Via secret online address
Email with download links
Email with attachment upon request
Refund Policy 60 days, no-questions asked, 100% money back guarantee

Frequently Asked Questions

A Motorcycle 'As Is' Bill of Sale is a legal document that outlines the terms of sale for a motorcycle without any warranties. It protects both the buyer and seller by documenting the condition of the motorcycle at the time of sale.

An Odometer Disclosure Statement is required to disclose the mileage of the motorcycle being sold. This protects buyers from odometer fraud and ensures transparency regarding the vehicle's usage.

This specific form is tailored for use in New Mexico and complies with state laws. For other states, it is advisable to use a bill of sale that meets the legal requirements of that particular state.

Not using a bill of sale can lead to misunderstandings or disputes regarding the sale. Without a written record, it may be difficult to prove ownership or the terms of the transaction.

Yes, once both parties sign the Motorcycle 'As Is' Bill of Sale, it becomes a legally binding document. It serves as proof of the sale and the agreed-upon terms.

This form is specifically designed for 'as is' sales, meaning no warranties are included. If you wish to provide warranties, a different form should be used.

You will need to provide details such as the buyer's and seller's names and addresses, the motorcycle's make, model, year, mileage, engine size, and vehicle identification number.

To ensure validity, both parties should sign the document, and it is recommended to keep copies for their records. Additionally, complying with state regulations is crucial.

Is This Form Right For You?

Use This Form If:

  • Individuals who are selling a motorcycle without any warranty can utilize this form to clearly outline the terms of the sale. This ensures that both parties understand the condition of the motorcycle and the lack of guarantees regarding its performance.
  • Situations requiring a formal record of the sale can benefit from this document, especially when the seller wants to avoid future disputes. By having a written agreement, both the buyer and seller can refer back to the terms agreed upon during the transaction.
  • For those purchasing a motorcycle from a private seller, this bill of sale serves as proof of ownership transfer. It is particularly useful for registering the motorcycle with the state and for tax documentation purposes.
  • Buyers looking to ensure they are aware of the motorcycle's condition before purchase can request this form. It includes an odometer disclosure statement, which is crucial for understanding the vehicle's mileage and history.
  • In cases where a motorcycle is sold for parts or not in working condition, this form is essential. It protects the seller by clarifying that the motorcycle is sold 'as is' and that the buyer accepts the motorcycle in its current state.

Do Not Use If:

  • โ€“ This form is not appropriate for motorcycles that are being sold with warranties. If the seller intends to provide any guarantees regarding the motorcycle's condition or performance, a different bill of sale should be used.
  • โ€“ In situations where the motorcycle is being sold as part of a dealership transaction, this form may not meet the legal requirements. Dealerships typically have their own sales agreements that comply with state regulations.
  • โ€“ If the motorcycle has significant mechanical issues that the seller is aware of, this form may not be suitable. Full disclosure of such issues is necessary to avoid potential legal disputes.
  • โ€“ This form should not be used if the transaction involves financing or trade-ins. In such cases, more complex agreements that address the financial aspects are required.
  • โ€“ When selling a motorcycle that is not legally registered or has outstanding liens, this form is not appropriate. Legal ownership and clear title are essential for a valid sale.

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