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Pay off your car loan. Think about the giftee's financial situation. Make sure you can afford to pay gift tax. Don't worry about sales tax if you already own the car. Write up a bill of sale. Transfer your car title. Insure the giftee. More coverage from How to Do Everything: Money.
Back of the title top half - sign name(s) on the line where it reads "Seller Signature(s)." Back of the title right next to where you signed name(s) - print name(s) on the line where it reads "Seller's Hand Printed Name."
How do I transfer ownership of a Kansas titled vehicle I have sold or given as a gift? To transfer ownership, the title for the vehicle or trailer must be assigned to the new owner. The seller must complete all information on the assignment of title except for the buyer's printed name and signature.
If the recipient of the car has a different last name than you, the state will require proof that you're related. As you're filling out the title, you should list your name as the seller and your relative's name as the buyer. You'll also need to state the odometer reading. You should list the price of the car as gift.
In general, Kansas does not require bills of sale, title assignments, and applications to be notarized. However, it has the right to request notarization in unusual circumstances, such as if document information is incomplete or questionable.
A California Bill of Sale must include both a buyer's and a seller's disclosure. They must be read. If the parties agree to the sale, the document must be signed, witnessed, and notarized. The date of the signatures should also be listed.
Can a bill of sale be handwritten? If your state does not provide a bill of sale form, yes, you can handwrite one yourself. As long as the document includes all of the necessary parts of a bill of sale and is signed by both parties and a notary, it is valid. Some states require a bill of sale while others don't.
A bill of sale used as an ownership document does not need to be notarized.If you are using a Kansas title as your primary ownership document, take it to your local county treasurer's motor vehicle office. The Kansas title will be accepted, and your title and registration will be issued.
You will need to provide the original title, a completed Descendent's Affidavit or Claim of Heir and/or Beneficiary Affidavit, a Title and Registration Manual Application, a copy of the vehicle's current registration, and payment for the required fees. The process is also similar when you are gifted a vehicle.