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Does the buyer of a car in a private party transaction have to pay a USE tax to the state of California?
Wiki User
∙ 16y ago
I believe that fee, if you have to pay it, would be included in the taxes and fees you pay at the DMV when you re-register the car under your (the buyer's) name. I have not heard of a use tax, but I know you do have to pay a certain percentage of what your purchasing price was in taxes to the state of CA, in addition to the regular registration fee that is normally paid.
I hope that was slightly helpful.
Wiki User
∙ 16y ago
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Can third party open LC on seller on behalf of buyer what is the procedure?
A third party can open the LC on the seller. This part of the transaction must be done on behalf of the buyer.
Who are the parties in the credit transaction?
buyer, seller, and third party facilitating (providing gateway/finds transfer)
Does Nevada have sales tax on private party car sales?
No, as of 2005 Nevada does not tax private-party vehicle sales, but only if the buyer is a legal resident of the state.
Does California have sales tax on private party used RV?
no
How long after a car sale can a private party buyer return the car?
After a car sale, a private party can return the car within thirty days. This return policy is dependent on the individual seller.
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A principal is the main party in a transaction. The buyer and seller are the principals in a real estate transaction. Their roles are self-explanatory. Buyers and sellers are the driving force behind the real estate market.
Is it legal to knowingly sell a vehicle with no exhaust system in Oregon without notifying the buyer in a private party sale?
yes it is
In dual agency who pays the closing cost in a purchase transaction?
Dual agency occurs when one broker or salesperson represents both parties to a transaction, or when two salespersons licensed to the same broker each represent a party to the transaction. Closing costs are a negotiable item between the buyer and the seller in the purchase agreement.
Is it legal to knowingly sell a vehicle with no exhaust system in Oregon withouout notifying the buyer in a private party sale?
no it is there job to check out the car
What is the Contract called which lets one party deny other party rights to do business transaction with anyone else?
Here are two types of contracts that may answer your question: Requirements contract - A Buyer agrees to purchase all of their needed from a certain seller Output contract - Buyer agrees to purchase all that is produced by seller
What is the California return policy for used car purchases from private party?
I Dont Belive There Is One. Most private party purchases are purchased the way they are unless you have a document saying otherwise.
How do you transfer gun ownership in ca?
The California DOJ website http://ag.ca.gov/firearms/pubfaqs.php#top has a list of frequently asked questions on gun ownership and transfer in California. It has the answer to this question (which I have posted below). Keep in mind that the process is different if you are transfering ownership to a spouse or child. Those requirements are listed on that page as well. Hope that helps! I want to sell a gun to another person, i.e., a private party transfer. Am I required to conduct the transaction through a licensed California firearms dealer? Yes. Firearm sales must be conducted through a fully licensed California firearms dealer. Failure to do so is a violation of California law. The buyer (and seller, in the event that the; buyer is denied), must meet the normal firearm purchase and delivery requirements. "Antique firearms," as defined in Section 921(a)(16) of Title 18 of the United States Code, and curio or relic rifles/shotguns, defined in Section 178.11 of Title 27 of the Code of Federal Regulations that are over 50 years old, are exempt from this requirement. Firearms dealers are required to process private party transfers upon request. Firearms dealers may charge a fee not to exceed $10 per firearm for conducting a private party transfer. Example: # For a private party transfer involving one or more handguns, the total allowable fees, including the DROS, safety, and dealer transfer fees, are not to exceed $35.00 for the first handgun and $31.00 for each additional handgun involved in the same transaction. # For private party transfers involving one or more long guns, or a private party transfer involving one handgun, the total allowable fees, including the DROS, safety, and dealer transfer fees, are not to exceed $35.00. The dealer may charge an additional dealer-service fee of$10.00 per each additional firearm transferred. (PC section 12072(d))
