It is life-or-death when selling a van that you transfer the designation, or certificate of ownership, to the current owner. Pride your title. If you have misplaced your title, contact the lending institution for another copy. If the lending institution no longer exists, the Federal Deposit Insurance Corporation can help you obtain a copy.
Accomplish certain the advanced owner Testament insure the motorcar at the moment after fascinating possession. The DMV requires probation of this insurance to transfer the label.
2. Provided the honour is not transfered in a well timed process, you can be held liable for the vehicle.
Instructions
1. Keep insurance on the vehicle until the sale takes city.3. Visit the DMV with the buyer of the car to ensure you both complete the necessary paperwork. While the requirements may be slightly different in your state, you may be asked to show your driver's license, proof of insurance, a bill of sale with the purchase price, the title paperwork, the VIN number and the current odometer reading.
4. Remit a transfer fee, which can range from $20-$300 depending on the state in which you reside.
5. Check with your state's Department of Motor Vehicles (DMV) for additional guidelines, since the process of transfering a title varies from state to state.
