Vermont License and Services Agreement

State:
Multi-State
Control #:
US-KWP-0033
Format:
Word; 
Rich Text
Instant download

Description

This form is a License and Services Agreement. The form provides that the receiving party acknowledges that due to the unique nature of the disclosing party's proprietary information, there can be no adequate remedy at law for any breach of its obligations. Therefore, the disclosing party will be entitled to equitable relief. The agreement also provides that the parties are independent contractors and have no right or authority to bind the other in any way.
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FAQ

Moving to VermontA completed Registration Application Form (VD-119),The title to the vehicle (if the title to the vehicle is being held by the lienholder, you (the owner/lessee) must appear in person at one of our DMV locations with the full name and address of the lien holder.An updated (current) odometer reading,More items...

Purchased from an out-of-state dealer Complete a Vermont Registration, Tax, and Title application (VD-119) and submit it (together with the above documentation and the appropriate fees) to the Vermont Department of Motor Vehicles.

In my piece on July 15, in which I wrote about title issues, I mentioned The Vermont Loophole, in which you can legally register a car in the state of Vermont without being a residentby mail, using only a bill of saleas long as the car is at least 15 years old.

You can pay these fees directly to the DMV at any time you wish, by check or money order. The current Vermont DMV fees are $48 for motorcycles and $76 for cars, plus sales tax. Does my bill of sale need to be notarized? No, your bill of sale does not need to be notarized.

The following paperwork is required for selling a car in Vermont: Certificate of Title. Bill of Sale and Odometer Disclosure (form VT-005) Lien Release, if applicable (form VT-08)

The Vermont Bill of Sale form contains: Name, address and signature of the buyer. Name, address and signature of the seller. Complete vehicle description, including the Vehicle Identification Number (VIN). Purchase price of the vehicle.

Signing Requirements Both the buyer and the seller must sign the document, but it need not be notarized.

To obtain a Vermont license bring your current license, proof of identity, DOB & SSN and proof of Vermont residency to a DMV office.

Selling a car in VermontSign the title over to the buyer. Make sure to help complete the Bill of Sale and Odometer Disclosure Statement with the buyer. Give the buyer a lien release. Remember you cannot sell a vehicle if it has a lien on it.

Vermont residents need the vehicle's title, an odometer disclosure statement, and payment for the registration fee. Residents of Vermont may also need to produce a bill of sale. If individuals who don't have all of their required paperwork, the VT DMV will issue them a temporary registration.

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Vermont License and Services Agreement