Massachusetts Odometer Statement With Lien
Description
How to fill out Massachusetts Bill Of Sale Of Automobile And Odometer Statement?
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FAQ
What You'll Need to Transfer your Vehicle Title in Massachusetts The original title or bill of sale if the car is exempt from needing a title. The completed RMV-1 form. Your driver's license. If two people will have the title in their name, both must be present. Payment for all fees and taxes in check form.
If you obtained a loan for your vehicle and that loan has been paid off, check with your lienholder (e.g., bank) first to see if they have your title. If they do not, obtain a signed letter from the lienholder on their letterhead indicating that the loan has been paid off.
If information is incorrect on your title, or you need to change information, you will need to notify the RMV and request an amended certificate of title. You will receive your amended certificate of title in the mail within 10 ? 14 business days.
On the back of the title you will fill in the area below ASSIGNMENT OF CERTIFICATE OF TITLE BY OWNER. Enter the SALE PRICE, printed name of PURCHASER, and DATE OF SALE. On the next line print the address of the purchaser. Fill in the odometer reading in the space provided.
Your lienholder should send you a release of lien letter at this time. Once the lien is released, no further action is required from you. However, if you require a title with the lienholder's name removed, you may do so by visiting your local MA RMV and: Submitting an Amending a Title or Adding a Lien (Form T20065).