Vehicle Title Transfer
Car title replacement
‘Car title slip’, also known as the ‘pink slip’ is a document that proves the ownership of a car or vehicle. The Department of Motor Vehicles (DMV) of a state issues the title letter to an applicant once he or she has applied. It is one of the most important documents one should get made on the purchase or sale of a car. DMV helps the public by providing all the relevant information pertaining to the title letters and ownership forms for cars.
The car title letter can either be replaced or transferred. If a person has lost his title book for the vehicle, he can apply to the DMV to get a duplicate title book. This refers to the replacement of the old title with the new title. Duplicate titles are issued by the DMV once the applicant has given the required documents. The list of these documents varies from state to state. However, on a generally the sale/purchase receipt, driver’s license and permit are required before the duplicate title is issued.
Car title transfer
Transfer of ownership of cars or other vehicles is now a common thing. With the mass growth of the number of cars, the buying and selling of cars has also reached a peak. Once a car is bought or sold, the ownership of the car is transferred to the buyer. In this case, some legal formalities need to be fulfilled before the car can be legally claimed by the buyer. The DMV explains all the important steps to you so that you can smoothly run the transfer process without any hassle.
On the purchase of a used car, one must submit a car title transfer application in the local DMV. Depending upon the state, people might also be asked to submit the odometer reading of the vehicle along with the Vehicle Identification Number (VIN) and the receipt of sale and purchase. This is done to ensure that the vehicle is not being transferred to another name or person by fraudulent acts. DMV provides assistance to the applicants in filling the required forms in the right manner to avoid any inconvenience. In addition to this, title transfer forms are also available online with the DMV if one cannot pick them up from the DMV office in person. Once the application for title transfer is submitted in the department, a processing fee has to be paid before the procedure formally begins. This fee usually varies in the range of $10 to $12, in different states.
DMV ensures that the titles of cars are transferred without any hindrance. This is why they guide the public to check whether there are any liens on the car or not. If yes, then car title transfer may be suspended till the bank loans are cleared. Special care must be taken to check and confirm that the VIN on the title letter matches the VIN on the car. The DMV advocates all these measures because it believes that preventive measures are better and long-term as compared to curative measures.
DMV saves you time by providing all the necessary information in the easiest way possible. Everything is explained in simple terms so that the common man understands. No legal terms are used and no technical terminology is written in the articles. A transaction of sale and purchase is only valid if the title documents are valid.
DMV asserts strongly that no delay should be made in replacing the car titles or transferring them when a car is bought or sold. Once the car becomes your property, there should be legal proof of that. Many states have a policy that car title transfers should be done within ten days of the transaction. People might find it difficult to take out time and get the transfer title on their name but DMV is just a click away where all the necessary information is present. Time delays in such important matters should never be an option for you.