If you had a name change for any reason (for instance, because of a marriage) since the title was issued, you’ll need to sign with the original name used on the title.Īdditionally, titles often feature multiple blank lines for signatures. This may seem like kind of an obvious tip, but it’s important to make sure you sign the right name. A bill of sale typically includes the amount paid, date of transaction and signatures of both parties. The DMV may also wish to see this depending on your state’s regulations. Write a bill of saleĪlong with the title, you’ll also need to create a bill of sale, with the seller and buyer each receiving a copy for their records. In most cases, the loan will need to be paid off (possibly with cash generated from the private sale) before the title is clear to hand off to the new owner. To help facilitate a smooth sale for cars with liens, it can be helpful to contact your lender as soon as you can to see how to proceed. If those loans are not paid off, these cars are subject to a lien - a legal claim to the vehicle held by the lender in case the owner doesn’t make their payments. Most car owners have to take out a loan to purchase their car. Here are a few other steps to consider when signing over a car title: Check on and resolve any liens If the buyer is from another state, they may have to first obtain a temporary registration from the seller’s state before ultimately registering the vehicle with their home state’s DMV. In a private sale (instead of a sale to a dealership or retailer), the buyer will then take it to a local DMV to register the vehicle under their name. When you’re selling your car, you’ll need to release your ownership of the vehicle by signing over the title. Let’s learn more about how to fill out a title when selling a car so you can hopefully avoid that happening to you. Mistakes could cause lengthy delays with your state’s Department of Motor Vehicles (DMV), which could possibly impact the sale. When you’re buying or selling a car in a private sale, the title information must be filled in correctly to transfer ownership from the seller to the buyer. Your car’s title establishes legal ownership over the vehicle, making it one of the most important documents associated with your vehicle.
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