But when private parties buy or sell cars, it’s up to them to transfer the title. States may require the seller to provide basic information about the car, such as the odometer reading and the sales price, which is used to calculate the sales tax. Before signing the title, check with...
When it's time to complete the title transfer, you can head to the local department of motor vehicles with the title and the gift affidavit for a car in TN if the car was gifted or sold by a lineal relative. You'll also need their ID, documentation showing Tennessee residency, any veh...
How to Transfer a Car Title to a Child in North Carolina Learn More → A vehicle’s title shows who owns it. When someone sells or gifts a car to another party, they sign its title over to that party. An individual that does not have a clean title – one that is free from li...
If you are owning, trading or transferring ownership of a vehicle, you should apply for a car title. Find out everything you need to know about how to register, transfer a car title and more.
Some states require a bill of sale when you transfer a car title. It may be a good idea to always create a bill of sale, just in case. A bill of sale is a document that tells the Department of Motor Vehicles how much you paid for the new or used car. The DMV will then use th...
car in most instances. File for an Application for Vehicle Title if the bank sent you a notarized lien release, and sign the lease once you receive it from the DMV. Submit the signed title and proof of car sale to the seller so that he may now apply for a title transfer at the DMV...
When buying from a private party, make sure you understand and follow the local title-transfer requirements. At the very least, get the title filled out completely and signed by the seller, and it's a good idea to draw up a simple bill of sale and get copies (or cellphone pics) of ...
After the payment has been transferred, the seller needs to sign the title over to the buyer (instructions are normally provided on the back). The seller will then need to contact the DMV within 5 days to transfer ownership and release themselves from any liability for the vehicle. ...
ownership from the seller to the buyer. In some states, the buyer will also need that bill of sale to transfer over the used car’s title or register it with the DMV. Read on to learn how to write a bill of sale for a used car, what information you’ll need to include, and ...
Buying a used car can be time-consuming, expensive, and risky, so it's important to do it right. Here's what you need to know — start to finish — about the used car buying process.