This forms package contains a Bill of Sale, Odometer Statement and Promissory Note. It is for the situation where the Buyer may be making a downpayment and paying the balance over time.
This forms package contains a Bill of Sale, Odometer Statement and Promissory Note. It is for the situation where the Buyer may be making a downpayment and paying the balance over time.
If you don't have the California Certificate of Title, you need to use an Application for Replacement or Transfer of Title (REG 227) to transfer ownership. The lienholder's release, if any, must be notarized. The buyer should then bring the completed form to a DMV office and we will issue a new registration and title.
Unfortunately, if the new owner of the vehicle fails to register your old new car in their own name, the original title still stands. Any parking tickets or driving infractions caught on camera will be under the original owner's name.
You may run into some trouble depending on what state you're in. This is because state laws can vary when it comes to car title ownership. For example, in the state of California, you're required to present your bill of sale to register the vehicle or to have your title transferred.
Title: If the seller did not have the title, they should write you a ``Bill of sale''. It's a written (by hand or typed) agreement that has both the seller and your name on it. With the Bill of Sale you can apply for a bonded title.
You may run into some trouble depending on what state you're in. This is because state laws can vary when it comes to car title ownership. For example, in the state of California, you're required to present your bill of sale to register the vehicle or to have your title transferred.