How Do You Transfer An Automobile Title?
When you sell or give away a vehicle that you own you have to transfer the title as well. A title transfer is a fairly simple process. If you are selling the vehicle, then you only need the actual automobile title to do the transfer. When you gift or sell the vehicle for an amount far less than its value, you have to fill out additional paperwork for the automobile title transfer. Transferring an automobile title does require that you, or the person you are transferring it to, pay a fee to your state’s department of motor vehicles. Fill out the name and address of the current owner as well as the new owner on the back of the title. Put the car’s odometer reading in the appropriate space. Each party must sign the back of the title. If the title is being transferred in a sale, then the sales price must also be listed. Obtain an “Affidavit of Non-Dealer Transfers of Motor Vehicles” from your local DMV if no money is changing hands for the automobile title transfer. For example, if are tra
