Colorado Sample Letter for Change of Ownership
Description
How to fill out Sample Letter For Change Of Ownership?
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FAQ
To donate a vehicle as a gift, the process is the same as transferring a title to a family member. Within 60 days upon the transfer of a motor vehicle, the new owner must either register the vehicle or present the certificate of title with an application for title to the Denver County DMV (Denver residents only).
Fill Out The Title, Odometer Statement, And Bill Of Sale At this time, you will also want to ensure that the listed odometer reading is correct. The State of Colorado also requires that cars sold in a private sale must include a separate odometer statement.
The State of Colorado requires a notarized bill of sale or a bill of sale signed under penalty of perjury in order to transfer title or to issue a temporary permit.
What You'll Need to Transfer your Vehicle Title in Colorado Get the vehicle title and other documents from the seller. Proof of Insurance (If registering the vehicle at the same time) Secure and Verifiable Identification. The current title or other ownership documents properly endorsed by the previous owner.
All titled owners listed on the front of the title must sign in the designated Seller's Signature area. The signature of one buyer must be entered in the Buyer's Signature area to acknowledge the odometer reading. The Purchase Date and Purchase Price must always be entered in the appropriate area on the title.
Buying or Selling a Vehicle? The State of Colorado requires a notarized bill of sale or a bill of sale signed under penalty of perjury in order to transfer title or to issue a temporary permit. The bill of sale below will satisfy that requirement.
Whether you've decided to hop on an automotive bandwagon or purchase a different type of vehicle from a private seller, you need to transfer the title and register the vehicle within 60 days of the purchase. It costs $7.20 to transfer a car title in Colorado.
If you wish to add a name to a title, the current owner(s) will need to sign off on the back of the title as the owner; you would then list the current owner(s) as the buyer again along with the new person you wish to add to the title.
