BillOfSaleNow

Business sale — Maryland

Maryland Side by Side bill of sale for business sale

Complete your Maryland side by side bill of sale for a business sale transaction. Enter buyer and seller details, vehicle information, and generate a signed PDF in minutes.

MarylandSide by SideBusiness sale
BN
Reviewed against state DMV requirementsLast reviewed: March 20266 min readEditorial policy

What to know about business sale sales in Maryland

If the business is selling, ensure the person signing the bill of sale has authority under the business's operating agreement, bylaws, or a board resolution. The title should be in the business's legal name. Provide the buyer with documentation of signatory authority (e.g., a certificate of incumbency or corporate resolution).

What to include in your bill of sale

  • Full legal names and addresses for both buyer and seller.
  • Side by Side make, model, year, VIN, and current mileage.
  • Agreed sale price, payment method, and transaction date.
  • Any business sale-specific disclosures required in Maryland.

Seller guidance

If the business is selling, ensure the person signing the bill of sale has authority under the business's operating agreement, bylaws, or a board resolution. The title should be in the business's legal name. Provide the buyer with documentation of signatory authority (e.g., a certificate of incumbency or corporate resolution).

Buyer guidance

If buying on behalf of a business, confirm your authority to purchase in the business's organizational documents. The title should be issued in the business's legal name, and your EIN will be needed for the registration. If purchasing a vehicle from a business, verify the seller's representative has authority and that any prior UCC or tax liens on the vehicle are released.

Legal considerations

Contracts signed by an unauthorized representative of a business entity may be voidable under agency law and state corporation/LLC statutes. A business seller must ensure no UCC lien (Article 9 fixture filing) or federal/state tax lien is attached to the vehicle. Business vehicle sales may trigger additional tax reporting obligations (Form 4797 for depreciated business assets, potential sales tax on the entity's basis).

Maryland Side by Side transfer fees and requirements

In Maryland, the title transfer fee is $100 and registration costs $135 - $187 for 2-year registration. Side by Side sales are subject to 6% excise tax on the purchase price or fair market value. Notarization is required for side by side bill of sale documents in Maryland. Emission testing is required in Maryland — verify the side by side passes before completing the sale.

  • Notarized bill of sale required for title transfer
  • Safety inspection required before registration
  • Emissions testing required in certain counties
  • MVA handles title and registration (not DMV)

Maryland sales tax on side by side purchases

Maryland has a 6% state sales tax rate. Flat 6% excise tax on purchase price or fair market value. Private-party side by side sales in Maryland are subject to sales tax. Excise tax applies to all vehicle sales. The title transfer fee is $100.

Side by Side market data and safety information

The most common side by side makes in private-party sales are Polaris, Can-Am, Honda, Yamaha, Kawasaki. Average private-party side by side prices range from $5,000–$30,000. Side by sides average 2.6 NHTSA recalls per model across categories including Steering, Fuel System, Fire Hazard.

Safety checkpoints for buying a used side by side

Before completing a side by side bill of sale in Maryland, verify these safety items:

  • Verify ROPS (cage) is intact and meets manufacturer specifications
  • Check all seat belts and door/net latching mechanisms
  • Inspect CV axles and boots — the highest-wear item on side-by-sides
  • Test power steering operation and differential lock engagement
  • Confirm headlights, taillights, brake lights, and (where required) turn signals function
  • Verify horn and reverse-warning beeper operation
  • Check that windshield (if equipped) is rated and unmodified
  • Inspect parking brake operation on a 15-degree slope

Side by Side insurance and depreciation in Maryland

Insurance averages $200–$600/year. Multi-passenger models cost more. Required for on-road use. Side-by-sides depreciate 30–40% in 3 years. Sport models (RZR, Maverick) depreciate faster than utility models (Ranger). Peak season for private side by side sales is spring for recreation, fall for hunting season, with an average of 25 days on market.

Side by Side registration and titling

Side by Sides are classified as "Off-highway vehicle (OHV) — some states allow street-legal conversion" for registration purposes. Side-by-sides range from 1,000–2,000 lbs. Multi-seat crew models weigh more. Federal odometer disclosure does not apply to side by sides.

Maryland requirements for business sale side by side sales

For business sale side by side transactions in Maryland, the buyer must pay 6% excise tax on the purchase price or fair market value and a $100 title transfer fee. Notarization is required. Odometer disclosure is required.

  • Notarized bill of sale required for title transfer
  • Safety inspection required before registration
  • Emissions testing required in certain counties
  • MVA handles title and registration (not DMV)

Safety tips for business sale side by side transactions

When completing a business sale side by side sale in Maryland, always verify the vehicle against NHTSA recall databases. The most common side by side recall categories are Steering, Fuel System, Fire Hazard. Check recalls at NHTSA.gov/recalls before signing the bill of sale.

Checklist for business sale side by side sale in Maryland

  1. Confirm the signatory has authority (operating agreement, board resolution, or power of attorney)
  2. Verify the title is in the exact legal name of the business entity
  3. Run a UCC and tax lien search on the business seller
  4. Obtain an EIN for title registration if buying on behalf of an entity
  5. Consult a tax advisor regarding depreciation recapture and Form 4797 implications

Need the printable workflow?

Use the main Maryland side by side bill of sale flow when you are ready to generate the completed document.

Open Maryland Side by Side bill of sale

The Private Vehicle Sale Market

17.5M private sales/yr

About 17.5 million private-party vehicle transactions happen in the U.S. each year — roughly 47% of the used market.

Source: Cox Automotive 2024

Frequently asked questions

When should I use the business sale page?

Use this page when your side by side sale in Maryland fits a business sale scenario. It walks you through the specific disclosures and details that apply to this type of transaction.

Why does the business sale scenario have its own page?

Different sale scenarios — such as private party, dealer, or gifted transfers — have different documentation requirements. This page focuses on what buyers and sellers need for a business sale transaction specifically.

What should be included in this bill of sale?

Include the buyer and seller details, vehicle identifiers, sale price, date, signatures, and any notes specific to the business sale transaction.

What are the Maryland fees for a business sale side by side transfer?

Maryland charges a $100 title transfer fee. Registration costs $135 - $187 for 2-year registration. Sales tax: 6% excise tax on the purchase price or fair market value. Notarization is required.

What side by side makes are most commonly sold in Maryland?

The most popular side by side makes in private-party sales are Polaris, Can-Am, Honda, Yamaha, Kawasaki. Average private-party prices range from $5,000–$30,000.

Do I pay sales tax on a business sale side by side sale in Maryland?

Maryland has a 6% state sales tax rate. Excise tax applies to all vehicle sales

Maryland side by side bill of sale by city

Create Maryland Side by Side Bill of Sale

Free • 3 min • Printable PDF

Trusted by private vehicle sellers nationwide

45% faster sale

Vehicles whose listings include a history report spend ~45% less time on site before selling, and report-viewers are 5x more likely to become a lead.

Source: Experian / AutoCheck

$4,000 avg loss

NHTSA estimates 450,000+ vehicles per year are sold with rolled-back odometers — the average victim loses about $4,000 in downstream repair costs.

Source: NHTSA

17.5M private sales/yr

About 17.5 million private-party vehicle transactions happen in the U.S. each year — roughly 47% of the used market.

Source: Cox Automotive 2024

1 in 3 buyers

Roughly 1 in 3 used-car buyers say they suspect private sellers are hiding mechanical problems — documentation closes that trust gap.

Source: JW Surety Bonds (n=3,000)

$60–$85 mobile notary

Mobile notary visit minimums run $60–$85 — higher on weekends, plus per-mile travel fees. State-formatted documents skip the trip.

Source: Thumbtack / NNA