If the deceased owner's estate isn’t probated, ownership will be assumed by the surviving spouse or legal next-of-kin. If there is an outstanding lien against the vehicle, the seller must provide a lien termination statement or include a signature from a representative of the financial institution financing the loan on the title. The title cannot be modified (such as scratching a name out). Accurate odometer reading or odometer disclosure statement.The buyer and/or buyer and seller will need to provide the original vehicle title (no photocopies) with the following information: Whether you’re buying a vehicle from an individual or a family member, it is strongly recommended that both the buyer and the seller visit a Secretary of State office to transfer the title together and complete the vehicle purchase. However, for private vehicle sales or when transferring a vehicle to a family member, the responsibility for transferring the title rests with the seller and you. ![]() ![]() If you are buying a vehicle at a dealership, the dealer will process the paperwork for transferring the title to you. When you buy or inherit a vehicle, the title must be transferred into your name to verify the ownership has passed from the previous owner to you.
0 Comments
Leave a Reply. |