Did you just buy a new truck and wondering how to transfer the title of the truck? Or your truck Title Transfer process is taking so long and you don’t know what to do. Well, you are in the right place and we have answers to all your questions.
It is the process of changing the title of ownership of your vehicle to your current name or the name of the buyer. It is a document that proves the legal owner of a vehicle.
Title Only is often issued by the country clerks for trailers and other types of vehicle that does not require registration. This is achievable provided the applicant has all the required documents that show proof of ownership of the vehicle.
Title Transfer is a mandatory process required by the Department of Motor Vehicles in the United State when a vehicle owner changes their name or buys a new vehicle. Read on as Global Multi Services takes us through the process of obtaining title transfer.
How To Transfer Vehicle Title
The process is very easy and varies from one state to another. Therefore, you need to contact the Department of Motor Vehicle in their state to know their specific requirements.
The Department of Motor Vehicle in your state might ask you to complete two or more forms and also provide some documents. The documents include proof of identification, residence documents such as utility bills, and many more.
It is important to research the Title Transfer requirements of the state before purchasing a truck or other vehicle from a seller. For example, New York often requires a Bill of Sale to approve the transfer and it must be signed by both the buyer and seller. Pennsylvania on the other hand requires notarizing the signature of both the buyer and seller before transfer approval.
The website of the Department of Motor Vehicle in most states often has all information regarding the process and provides downloadable title forms. Some also allow applicants to mail their forms and required documents to the department office
Deadline
Deadlines vary from state to state but many states require filing title transfer applications within 30 days of purchase. Failure to comply with this rule can lead to an additional fee on the title transfer fee.
The process of obtaining the title is relatively seamless provided you have all the required documents and follow the required steps. This includes obtaining the Bill of Sale, the signature of both buyer and seller, Notarization of documents, and many more. Additionally, most states issue a new title within two weeks of application.
Requirements
Here are some of the documents required by the Department of Motor Vehicle:
- Filled Application Form, signed by applicant and seller and possibly notarized.
- Vehicle proof of insurance coverage
- Insurance Policy Documents including Name and Date.
- Vehicle Documents provided by the Seller including title and a Bill of Sale.
- Proof of identification from government or driver’s license.