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Free Maine General Bill of Sale

A general bill of sale in Maine covers personal-property transfers that do not run through a state agency: tools, equipment, electronics, furniture, livestock other than horses, jewelry, instruments, business assets, and most other tangible personal property. Maine has no statewide registration system for these items, so the bill of sale is the only contemporaneous record of the transfer. It establishes price for tax purposes, transfers warranty rights (or disclaims them as "as is"), and protects both parties in disputes. For business asset sales, lien searches under Maine's Article 9 UCC filings (with the Secretary of State) are essential — a buyer who pays for equipment subject to a perfected security interest can lose the asset to the lender.

Maine Requirements: Transfer title within 30 days. 5.5% sales tax.

Seller Information

Buyer Information

General Details

Sale Information

Condition & Warranty

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A general bill of sale works for furniture, tools, equipment, or any personal property — but only if written correctly. Our step-by-step guide shows exactly what language to include so the document holds up if there is ever a dispute. Read: How to Write a Bill of Sale (Step-by-Step)

Maine General Bill of Sale — What You Need to Know

Primary Form
Standard bill of sale
Agency
Private
Private transaction (no Maine state agency required)
Primary ID Field
Serial Number
Sales Tax
5.5%
Title Required
No
Inspection
Not required

Sales Tax Details

Maine 5.5% sales tax applies to most retail tangible personal property sales. Casual private sales of used items between non-dealers are generally not taxed at the seller level, but the buyer technically owes use tax on items used in Maine.

Exemption: Resale, agricultural production, manufacturing, and certain nonprofit purchases are exempt with the appropriate Maine Revenue Services exemption certificate.

Maine General Sale — Step-by-Step Checklist

  1. Identify both parties with full legal names, addresses, and a form of ID (driver's license number is fine)
  2. Describe the item precisely: make, model, serial number, year, condition, and any included accessories or documentation
  3. State the purchase price clearly in dollars and the date of sale; specify cash, check, wire, or other payment method
  4. Include warranty language: "as is, where is, with all faults" or specific guarantees with duration
  5. For business assets or high-value items, run a UCC lien search through the Maine Secretary of State (icrs.informe.org)
  6. Both parties sign and date; notarization is not required in Maine but adds enforceability for high-value transactions
  7. Each party retains an original; keep for at least 6 years (Maine's general statute of limitations on contract disputes)

Common Pitfalls

  • Buying business equipment without checking UCC filings — perfected liens travel with the asset; a $50,000 piece of equipment can be repossessed by the lender despite your purchase
  • Vague descriptions ("brown table, $400") — disputes over which table or what condition become unwinnable; specific serial numbers and photos matter
  • No "as is" language on a used item that breaks shortly after sale — Maine implied warranty of merchantability may attach if seller is a "merchant" under UCC Article 2, exposing the seller to refund claims
  • Skipping the bill of sale on cash transactions — buyer has no proof of ownership if challenged, and seller has no proof of price for tax or audit purposes
  • Forgetting the 5.5% Maine use tax on out-of-state purchases brought into Maine — Maine Revenue Services can audit and assess back tax plus interest, especially on high-value items like art and equipment

Pro Tip

A clear, signed Maine bill of sale costs nothing and prevents most disputes. Add a UCC search for business assets and you have covered the legal basics.

Maine General Bill of Sale — FAQs

Does a Maine general bill of sale need to be notarized?
No, Maine does not require notarization for general personal-property bills of sale to be legally valid. A signed agreement between competent adults is enforceable. However, notarization adds significant evidentiary weight for high-value items (over $5,000), business asset sales, and any transaction likely to be disputed. Maine notaries charge $5-$10 and most banks notarize for customers free. For the $20 cost on a $20,000 deal, notarization is cheap insurance against future challenges to the signatures or the transaction's authenticity.
What if I buy used equipment for my Maine business — is it taxable?
Maine 5.5% sales tax applies to retail sales of tangible personal property, including used business equipment, unless an exemption certificate is provided. Casual private sales between non-dealers are generally not taxed at the seller level, but the buyer owes 5.5% use tax. If the equipment qualifies for the manufacturing or agricultural-production exemption, present a Maine Revenue Services exemption certificate (ST-A-101 series) to the seller. Otherwise, remit use tax on your next Maine business return. Document everything on the bill of sale.
How do I check for liens on Maine business equipment before I buy it?
Search the Maine Secretary of State's UCC database at icrs.informe.org. Run the seller's exact legal name (individual or entity) and look for active financing statements describing the equipment. A $5 search beats losing a $50,000 asset. If a lien exists, demand a release (UCC-3 termination) from the secured party before closing, or have the lender provide a payoff letter and structure the closing so the lien is paid off from sale proceeds. Without this, the secured creditor can repossess the equipment from you.
How long should I keep a Maine bill of sale after the transaction?
At least 6 years. Maine's general statute of limitations on written contract disputes is 6 years (14 MRS §752), so claims arising from the sale must be filed within that window. For tax purposes, Maine Revenue Services can audit returns going back 3-6 years (longer if fraud is alleged), so keep the bill of sale and proof of payment to support reported income or tax-free transfers. For high-value items like art, jewelry, or collectibles, keep the bill of sale permanently — it establishes your cost basis for capital gains purposes when you eventually sell.