Release Of Liability Form For Car
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FAQ
This can be done using a printed REG 138 or online, using the Internet Notice of Release of Liability (IRL) on the DMV Internet website. DMV cannot update the vehicle record if the transfer date is missing.
A release of liability, also known as a liability waiver or a hold harmless agreement, is a contract in which one party agrees not to hold another party liable for damages or injury. These contracts are common in fields that involve some risk to property, finances, or health.
Visit a motor vehicle agency to transfer the title, complete the Vehicle Registration Application (Form BA-49) if applicable, and receive the license plates. To avoid a $25 penalty, New Jersey or dealer reassigned titles must be transferred within 10 working days from the date of sale.
Yes. You are required by law to notify DMV within five calendar days from the date you sell or transfer title or interest in and deliver possession of a vehicle to another owner (Vehicle Code Section 5900).
File a Vehicle Transfer Notification within 30 days of the sale date to remove your liability for anything the purchaser may do with the vehicle.