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What else can I help you with?
Who pays the cost to transfer car title?
Buyer pays the notary and fees.
How do you sell a car if the money from a private party will be used to cover what you owe on the title?
Take the buyer & title to the car with you to the lender that holds the lien on the vehicle. Use the money he is paying you to pay off the loan and get a lien release from the lender. Sign the car over to the buyer at the lender's place of business. Take this lien release and the title with you and the buyer to your DMV, and transfer the car into the buyer's name.
Can you transfer real estate title insurance to a buyer?
Not sure but i think can't transfer real estate title insurance to buyer
What constitutes the sale and legal transfer of ownership on a vehicle how long does it take and what is DMV's role?
You can sell a car for any reason. There doesn't have to be a reason. The owner signs the title over to the buyer. They buyer then takes the title to the DMV and gets the title into their name. The buyer may have fees or taxes charged to them. They can find out what they will be before buying the car.
What do you do with a car title when you sell the car privately?
Take the title along with the buyer to your local DMV and have the car transferred over from you to the buyer. Do not sign the title over until you have the money in your hand, and do not let the buyer have the car until you have it transferred out of your name.
Can you sell a car without the title?
Yes, the buyer needs to know before buying. You can get the money, pay off the car and get the title in the mail within 2-3 weeks. Then sign it over to the buyer. It is suggested that you don't let the buyer take the car until the title is in their hands.
Can you explain how a car title works and what it represents?
A car title is a legal document that proves ownership of a vehicle. It includes information such as the vehicle's make, model, year, and Vehicle Identification Number (VIN). When a car is purchased, the title is transferred from the seller to the buyer to officially transfer ownership. The title also shows if there are any liens or loans on the vehicle. It is important to keep the title safe, as it is needed to sell or transfer ownership of the car.
Can you resell the car before even insurance registration or title transfer?
here is a description: i bought a car with a rebuilt title from a craigs list yesterday .. i havent even went to DMV to transfer the title on my name or havent called to my insurance company to insured that car.. if i plan to resell this car again to a third party, then is it ok that i give this title "as is" to that third party?? and is there any chance that the buyer will face any problem to transfer this title in his name?? on my request seller had only put his name and signature and dint put the buyer's(my) name and signature on the back of the title (kept that column blank). so if i dont drive this vehicle and keep it in garage, wouldn't it be possible to resell it again on the same title??? so that i can fill up that blank column with the "would be" buyer's name..
Can you transfer a car title to a new car?
No. Each car has its own separate title so you can't transfer it to a different car. You can, however, transfer title of a car from one person to another. That is part of transferring ownership of the car.
How do you sell a car you still owe money on and the bank is not local and the buyer is paying cash?
Contact the bank for the payoff amount. Send them that amount and they will send the title. You can then transfer the title to the new owner.
Can you transfer a title in Pennsylvania if the buyer does not have a Pennsylvania driver's license?
Yes, I Believe you can.
Does a title transfer get notarized at the courthouse?
NO. A title transfer happens between the "Seller" and the "Buyer." The only time the courts would be involved was if the title was issued based on a court order.
