Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can I buy a car from someone, ask them to sign the sellers signature box on the title, and leave the rest of the title blank so I can resell it?

0
Posted

Can I buy a car from someone, ask them to sign the sellers signature box on the title, and leave the rest of the title blank so I can resell it?

0

Never. This is called an “Open” title. It is also called a “Blank” or “Skipped” title. Leaving a portion of the title blank allows an illegal dealer to resell a vehicle without paying taxes or “Skipping” the taxes on that vehicle. Possession of a blank, open, or skipped title is against the law in all fifty states and is now a felony in most states. When you obtain your Missouri Auto Dealers License, you will be able to purchase a vehicle, fill out the back of the title completely, then use your Dealer Number to assign the ownership of the vehicle to the next buyer legally. Never, ever possess an incomplete title and never purchase a vehicle from someone with a blank title, they are acting as an illegal dealer. With your Missouri Auto Dealers License, assigning a title is completely legal. Find out more about getting your Missouri Auto Dealers License.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123