Can a vehicle be gifted in Maryland?

Maryland law allows vehicles to be gifted to family members without paying tax. However, you need to fill out the two sections on the back labeled Application for Title and Registration and Assignment of Ownership; the giver signs as “seller,” and the receiver as the “buyer.”

How do I give a car as a gift in Maryland?

To transfer the out-of-state vehicle’s title:

1. Register the motor vehicle with the MVA within 60 days of the move.
2. Apply for an MD vehicle title and registration.
3. Prepare and submit the required documentation in person or by mail.
4. Submit all applicable payments for the vehicle title and tag fees, as well as state taxes.

How much does it cost to gift a car in MD?

If the vehicle is titled in Maryland, excise tax (6% of the vehicle’s value) may not be collected when a family member gives the vehicle to you as a bona fide gift. Allowable family relationships are identified on the Application for Maryland Gift Certification (see below).

Can you gift a car to a non family member in Maryland?

If you are not a member of the immediate family as noted below, this form cannot be used. If the vehicle transfer qualifies as a bona fide gift, this form must be completed and submitted with the properly assigned Maryland title.

Does a gifted car have to be inspected in Maryland?

All other Gift Transfers, the Maryland Excise Tax requirement is waived, however the vehicle must be Maryland Safety Inspected and tags may not be transferred and new tags must be purchased.

Do Maryland titles need to be notarized?

You will need a notary, witnessing both the buyer(s) and seller(s) signatures, if you present a bill of sale to complete your transaction.

How much does it cost to transfer a title in Maryland?

$100.00
Vehicle Registration Fees

Can I sell my car without the title in Maryland?

Can I Sell a Car in Maryland Without a Title? Maryland requires a title to sell a vehicle. If your title is lost, duplicate titles can be obtained from the MVA.

What is the best way to sell a car privately?

Selling a car privately Make sure you describe your car correctly in your advertisement and that you can prove you’re its legal owner. Deal promptly with calls or emails from potential buyers. Arrange and be present at viewings and test-drives. Arrange a safe way of being paid for the sale.

How do you write a receipt when selling a car?

Provide the Car Information Begin by labeling the receipt as “Bill of Sale” and list the date of the transaction. Identify all the pertinent identification for your car so there’s no confusion about what’s being sold. Write the car make, model, registration number and mileage on the face of the receipt.

Can you go to jail for selling a car without a title?

Sellers who do not transfer the title into their name before selling a vehicle technically are not the legal owner of the vehicle. Risks include penalties, fines, and/or jail time.