Who Keeps the Bill of Sale?
The new owner will normally keep the original copy of the bill of sale as proof of purchase. However, the seller can also keep a duplicate copy of the document.
A New Mexico Bill of Sale formally records the sale of personal property, such as vehicles, boats, or firearms. It covers buyer and seller names, item details, sale price, and transfer date. This document verifies ownership and is essential for MVD processes or personal records.
Last Update December 23rd, 2025
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In New Mexico, a Bill of Sale serves as a legal record of a private transaction between a buyer and a seller.
It clearly outlines:
This legal document is especially useful when transferring ownership of high-value property such as vehicles, boats, or firearms.
It may be required by the New Mexico Motor Vehicle Division (MVD) to process a title or register your new vehicle.
A well-prepared Bill of Sale also helps prevent future disputes by documenting the terms of the sale in writing. Below are the steps and forms required for each type of registration.
Our sample bill of sale below shows how the final document should be structured, what kind of language should be used, and what essential details must be included.
You need to take the following to your MVD office to title and register a vehicle in New Mexico:
You can visit any MVD field office within 30 days of purchase. Submit all forms, pay fees and taxes, then receive your title and plates.
To register a motorized vessel, you must bring:
Register at an MVD office. You'll receive a vessel title and registration decal valid until year-end.
New Mexico does not have statewide firearm registration. Still, it’s important to keep in mind the following:
No state form is mandatory, but private buyers and sellers should keep a signed document for proof and legal clarity.
The new owner will normally keep the original copy of the bill of sale as proof of purchase. However, the seller can also keep a duplicate copy of the document.
