Free Mississippi Bill of Sale Template

A Mississippi bill of sale acts as a receipt and legal record of the transfer. It confirms the property details, the sale price, and the identities of both parties. A valid bill of sale should include the following:

• Buyer and seller’s names, addresses, and signatures
• Description of the property (make, model, VIN/HIN/serial number, etc.)
• Date of the sale and purchase price
• Notarization or witness signatures, depending on the item

A bill of sale is often necessary when registering property or transferring ownership. In Mississippi, here are the most common cases:

• Vehicles: Required to prove transfer of ownership and calculate taxes when registering with the Mississippi Department of Revenue (DOR) within 7 days of purchase.Must include odometer disclosure for vehicles less than 20 years old.
• Boats: Required for registration through the Mississippi Department of Wildlife, Fisheries, and Parks (MDWFP).Must be notarized or signed by buyer, seller, notary, and two witnesses. Registrations last 3 years.
• Trailers: All trailers must be registered, though only some require titles (large commercial trailers, trailers traveling outside the state). Bill of sale required to register if no title.
• Firearms: Not legally required, but strongly recommended. Mississippi allows constitutional carry (no permit needed), but a bill of sale provides proof of lawful transfer.
• Motorcycles: Required if the title does not list the sale price. Buyers must apply for a title at their county Tax Collector’s office within 7 business days.

Notarization is a common requirement in Mississippi, though not for every type of property. Here’s how it breaks down:

• Vehicles: Yes, notarization required.
• Boats: Yes, unless signed by both parties plus two witnesses.
• Trailers: Not required by law, but recommended.
• Firearms: Not required.
• Motorcycles: Often required, especially if the title does not show the sale price.

Mississippi has additional rules and deadlines that buyers and sellers should be aware of. These include:

• Vehicle Registration Deadlines: Must register within 30 business days of purchase. New residents must register within 30 days.
• Insurance Minimums: $25,000 injury per person, $50,000 per accident, $25,000 property damage.
• Boat Sales: Registration fees vary by size (under 16 ft: $10.20; 16–26 ft: $25.20; 26+ ft: $47.70). Title fee: $12.70.
• Trailer Registration: Trailers under 10,000 lbs. can be registered at the county tax office; larger trailers crossing state lines must be registered through the DOR in Clinton, MS.
• Firearms: Buyers under 18 prohibited; no permits required for purchase. Open carry allowed; concealed carry legal without a permit (though a permit is useful for reciprocity in other states).
• Motorcycles: Sellers must remove plates and turn them in at the tax office. If lienholders exist, they must release interest before transfer.