The Buyers Name Affidavit is for the Buyer to provide a statement of his or her legal name and signature, as well as to certify to other "known as" names. Many times persons sign documents in different ways and the name affidavit is necessary to clarify that the signatures are one and the same person. i.e. John Jones, John T. Jones and J.T. Jones are one and the same person.
Utah Name Affidavit of Buyer
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How to fill out Utah Name Affidavit Of Buyer?
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FAQ
Complete the back of the title. Sign the title over to the buyer. Give the buyer a lien release. Give the buyer the current emissions certificate. If the car is 9 years old or younger, complete the Odometer Disclosure Statement. Give the buyer the current registration.
I want to add, remove, or change a name on a title. How do I do that? Title changes like these are easily made, but require that you surrender the existing title to the DMV. You will need to complete Form TC-656, Application for Utah Title with all the appropriate changes reflected.
Select the appropriate type of the vehicle. Then write the net sale amount in words and figure. Enter buyer's full name. Write seller's full name. Enter vehicle description like year, make, model, VIN or HIN, and license number on the respective lines.
Selling a car means that, as the original owner, you don't have to pay any tax.This may make selling a car a better option than giving it to a friend or family member, which could cause the gift tax to come into play. According to the IRS, any gift worth more than $13,000 is liable for gift taxes, as of 2010.
In simple situations where you own the vehicle outright and wish to transfer ownership to someone else, all you must do is complete a title certificate. Once you have filled out and signed the certificate, the buyer or recipient can take the title to a local DMV office and officially transfer ownership.
State motorists must possess a car title in Utah if they own a vehicle. An auto title is required to operate any vehicle in the state of Utah, with a few rare exceptions. To get car title documents, drivers need to obtain, complete and submit an application for a certificate of title with the DMV.
Directly under the statement Assignment of title by registered owner, write in the date the car was sold. On the next line, write in the name or names of the buyers and their address. On the next line, write in the odometer reading. Where it says Signature(s) of buyer, the buyer or buyers must sign the title.
On the front of the title, near the middle, the seller must write in the current odometer reading on the vehicle. Near the bottom, the seller must fill in the following information on the appropriate lines: Date the vehicle was sold, and their printed name and signed name (which should be written on the same line).
The procedures for transferring ownership are similar to buying or selling a car: the donor must include the odometer disclosure on the title, both parties must sign and date the title, and the recipient must go to the DMV and apply for a a new title in his/her name and pay the transfer fee. Making Name Corrections.
