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Is a sale still valid if you forgot to sign the title when you sold your car but both parties signed a Bill of Sale and the buyer took the title and car?
Wiki User
∙ 15y ago
Yes the sale is legal. However you had better get to the buyer and have the car transferred out of your name. You are still listed as the owner of the car. You are still paying taxes on the car and may, in some states, be held liable for any damage done by this car in an accident or the commission of a crime. In the future never turn over the car until it is out of your name. ==Additional Information== A bill of sale does not necessarily transfer ownership of a car legally. Especially when you have handed it over to a buyer without signing the Certificate of Title (and keeping a copy of both for your records). The buyer could toss the bill of sale in a drawer and continue to drive on your title. It is troubling that the buyer hasn't contacted you to sign the Certificate of Title. Transfer of ownership of motor vehicles is done through a Certificate of Title. Some states also require a bill of sale. If you didn't sign the Certificate of Title transferring title to the new owner then they can't register the car in their own name. The situation created a grey area of liability for you and left you exposed on many levels. As the seller you didn't fulfill your legal requirement in making the transfer and that makes you liable under consumer protection laws. The buyer could sue for a refund. Since you didn't sign over the title in a timely manner the title has remained in your name and you will be liable for any parking violations, toll violations, damages and trouble with the police if the car is used to commit a crime as mentioned above. You should contact the buyer immediately and rectify the situation. If that is not possible you should speak to someone at your DMV ASAP.
Wiki User
∙ 15y ago
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Can you still sell a vehicle if the buyer and seller both signed the title without it being on the road?
yes
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Do you still have to pay sales tax on a car even if the salesperson forgot to add it in the signed contract?
yes, but you have to hurry up and give that person that you sold the car to the contract.
The parties are still Legally married but separated and living in separate homes. Is their signed but not notarized agreement legal in the state of Louisiana?
The answer depends on the nature of the agreement which you haven't included.
Who holds title of a private party sale while still making payments?
The private seller holds the title until paid in full, he should transfer the title to private buyers name and place a lien on title then the title will be mailed back to the private seller and once vehicle is paid the seller signs off on the lien and mails the title to the buyer. A contract/bill of sale should be signed by both parties to the payment agreement established for the protection of both parties.
Cars sold as is in Mass I want to know if I put as is on the bill of sale that I wont have to refund if something goes wrong?
Maybe, maybe not. The car must be serviceable. You must tell the buyer of anything you know to be wrong with the car. Do that, and have the buyer sign an agreement that they are buying the car "As Is with no Warranty either written or Verbal" and you should be OK. Of course they could still sue you if something goes wrong. The vast majority of the time if you have a signed agreement, the buyer will loose in court. Be upfront and honest, and get a signed agreement. That is all you can do to protect yourself.
Should a house after both seller and buyer have signed a contract still continue to be shown?
No. You should not show a property that is already under contract, unless the contract falls though. Then it is for sale again. http://www.allwholesaleproperties.com
Whay you come back?
I forgot where I was going and had to turn around. Forgot my sunglasses! Whay you still here?
I'm forgot my email address in friendster but I'm still remember my password?
I forgot my email address in friendster but i still remember my password!! how can get my email address?
Are you still supposed to obey treaties that were signed in the past?
Yes, you still have to obey tattoos signed in the past if the treaty is still active.
You bought a used car from neighbor but title is not notorized?
If the title is signed by both parties it is yours. Most states do not require them to be notorized. Otherwise just make time to get it down if needed. Some cars are sold with titles signed and owners later are deceased but the car can still have title transferred.
Would cosigning before my daughter signs the rental contact still obligate me to pay for rental fees when she hasn't even moved in yet?
No, as there is no contract until both parties involved on your end have signed the contract.
