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The first step with a Car Release Liability Form is to ensure it is the latest version, as this determines its acceptability.
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Notice of Transfer and Release of LiabilityYou will need the new owner's name and address.Have the license plate number and last five digits of the vehicle identification number (VIN) handy.Have the vehicle odometer reading as of the sale or transfer date.More items...
How to Fill Out REG 138 Form?Write down the new owner's full name and address.Record the current odometer reading;Indicate the date of sale, transfer, or lease return;Enter the seller's or lessee's full name or company name and address;State the selling price of the vehicle or watercraft.More items...
A liability waiver, which may also be referred to as a liability release form, is signed by an individual who wishes to engage in an activity that has a known risk of injury, which, if realized, can result in damages.
The easiest way to release your liability is to use the MassDot Online Branch form located here. You should have a copy of your vehicle registration and drivers license handy. Alternatively you can surrender the vehicle's license plates to any Registry of Motor Vehicles (RMV) office.
In many states, private sellers are required by law to submit a Release of Liability within a certain number of days after the car is sold. Typically, sellers have 30 days to file with their state DMV before they face fines or other repercussions.