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Michigan Car Title Transfer Information On the front of the title you will fill in the blocked area at the bottom under Title Assignment by Seller. Print the Purchaser(s) name, Date of Sale, and Selling Price in the boxes provided. ... Fill in the odometer reading in the space provided.
Seller / Registered Owner Title Transfer In either type of title, begin on the line that says ?ASSIGNMENT OF TITLE FOR THE EXACT AMOUNT OF $?. ... The next line contains the date you are making the sale. ... On the next line enter the name of the buyer (or buyers if more than one)
You will need that title and the items below to "officially" put the title in your name. First assignment completed on title: buyer's name and address, lienholder information (if applicable), odometer reading, sales price, date of sale, seller's signature, buyer's signature.
The owner does not sign release there, it is for a bank or finance company to sign when they release interest after the lien has been satisfied. If the vehicle was originally financed, the lien holder's release will be indicated by a stamp and signature of the lien holder.