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yes both must appear in front of the notary before their signatures can be notarized
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Where does my dad sign on an Illinois auto title to transfer vehicle ownership to me He would sign under seller and I under buyer right?
Yes, he will sign under Seller and you will sign under Buyer. Some states require a notary public to witness and notarize the signatures, If it is so in Illinois, it would be best to wait to sign in front of the notary public, If notarization is not required, it's ok to sign and then transfer the title. If you are not a car dealer, you sign on the front of the title (in Illinois) in the area under "assignment of title".
Does the seller have to be present at the tag agency to sign the title over?
The seller has to sign the title, but it does not have to be done any place in particular. Some states require a Notary to witness it and some don't. On the back of the title, at the top should be the space for the seller and buyer to sign. Usually at the bottom of this box or right under it there is a place for the Notary to sign if it is required. If it is needed , you must sign it with the Notary present.
How do you sign off a title to another person?
You sign the title where is shows seller and fill in the information of the buyer and have them sign as buyer. Its a good idea to make a copy of the title (front and back) just in case the buyer doesnt title it right away so you can prove that you sold it if you get a tax notice.
'a seller cannot convey a better title to the buyer than he himself has' discuss this rule of law and point out its exceptions?
This rule means that a seller cannot transfer more rights to a buyer than they possess. Exceptions may include instances where the seller has obtained additional rights through a third party after the initial sale, or where the seller has the authority to pass on certain warranties or guarantees to the buyer. In such cases, the seller may convey a better title to the buyer than they initially had.
Do you have to have a notary when selling a car?
I don't know about all states but in Louisiana a title must be notorized and signed by buyer and seller before it can be registered. Call your local department of motor vehicles for info.
Who pays the cost to transfer car title?
Buyer pays the notary and fees.
Is the buyer or seller responsible for title insurance in Texas?
The seller is required to provided a clear title; purchasing title insurance is generally a part of this.
If the party you are buying the car from owes the bank more than what you agree to pay IF both send in a check s who gets the title the buyer or the seller and how is the buyer protected?
The seller will get the title. It may vary in different states, but I would suggest the buyer have a notarized document prepared which has a promise that the seller will turn the vehicle/title over. It a chance that buyer will take.
“A seller cannot convey a better title tothe buyer than he himself has.” Discuss the exceptions to this rule?
“A seller cannot convey a better title to the buyer than he himself has.” Discuss the exceptions to this rule.
Car titled in Texas you are giving it to a relative in Illinois How do you transfer the title?
Fill out the seller and buyer information on the back of the title and both of you sign it. Since the vehicle is going out of state, you should also fill out a bill of sale, sign it in front of a notary and have them notorize and seal it, so she doesnt have any problems when she tries to register and title it in Ill. You can get a bill of sale from your local dmv.
Where does seller sign on North Carolina car title?
A seller should never sign except in the presence of a notary. A notary has to witness the seller signing his/her name. Notaries have to take special classes in how those type of documents need to be filled out
How does title insurance affect the seller who had no title insurance?
A seller with no title insurance:If a person has offered their property for sale and accepted an offer to purchase generally the intelligent buyer's attorney will have the title to the property examined by a professional title examiner. If the title exam reveals a defect in the title and the seller was not covered by a title insurance policy then the seller must pay to have the defect resolved. Title defects can be very costly to resolve.Generally, if the seller chooses not to have the defect resolved the buyer can back out of the sale and get their deposit back. However, the seller has been put on notice regarding the defect.The new owner's title insurance:The new title insurance does NOT affect the seller in any way. Coverage is given only to the new owner under the Owner's Policy. If the seller cannot clear the defects and the buyer still wants to purchase the property, the issuing Title Agency has the option of insuring the title, but excepting the defects from coverage to the new owner. Thereby, the risk is assumed by the buyer, not by the Title Agency.
