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No, a bill of sale is not required for private car sales in Tennessee. However, it's still a good idea to have one the provide legal protection to both the buyer and the seller.

Tennessee also has no gift tax. There is a federal gift tax, though, which has an annual exemption of $15,000 per year for each gift recipient for 2021, going up to $16,000 in 2022. If you give one person more than $16,000 in a single year, you must report that gift to the IRS.

If you are new to the state of Tennessee, you will need to title and register your car with the Vehicle Services Division (DVS) at your local county clerk's office. Make sure you bring: Current out-of-state registration. Out-of-state title certificate.

4:15 6:43 How To Fill Out Car Title / Tennessee Dealer / Easy Dealer Instructions YouTube Start of suggested clip End of suggested clip If that bank is not the lien order. And you give them it. Sorry if the bank is the lien holder andMoreIf that bank is not the lien order. And you give them it. Sorry if the bank is the lien holder and you give them this title. Without noting the lien on it. Then the bank can take their check back.

An individual can give a vehicle as a gift to another individual. Any entity can also gift a vehicle to an individual. For other gift transfers, the county clerk would examine the transaction at issue to determine whether sales tax is due.

If the vehicle was received as a gift, an Affidavit of Non-Dealer Transfers of Motor Vehicles and Boats (Gift Affidavit) completed by both the giver and the receiver is needed. In the case of gifts, no sales tax will be due.

Tennessee DOR Vehicle Title Transfer Guide Obtain a properly assigned vehicle title and odometer disclosure from the previous vehicle owner. Take the paperwork to your local Tennessee Department of Revenue (TN DOR) Provide valid proof of ID and residency. Pay all applicable fees and sales taxes.

The state fees related to title transfer fees include an $11 title fee, a $1 title transfer and a fee of $21.50 for a standard license plate, you can also expect to pay both local and state taxes, unless you are transferring a title to a qualified family member.

Transfer the vehicle title Complete the TN vehicle title assignment (both parties must sign the title certificate) Indicate “0” in the price section of the vehicle's title. Present valid form of ID to validate residency. Complete an Odometer Disclosure Statement (Form RV1317001)

Tennessee complies with the notary requirements for out of state titles. Currently, the only state we do not require the notary from is Kentucky. For example, a title being transferred from PA to TN would need to be notarized to title in TN because the PA title requires it to be notarized.