UNDERSTAND BASICS OF SWITCHING VEHICLE OWNERSHIP

Are you buying a new or used car? Make sure its title is transferred in your name. Whenever a car is being sold or bought, being given or being taken, there has to be a title transfer in the name of the new owner of the vehicle. DMV services include registration, renewal of auto registration, title transfer, lost documents services, resolution of violation and much more. If the new owner wants to own the car legally, title transfer should be obtained in his name. Until it is done, possession of car by him is illegal. 

Are you thinking in which all situations a title transfer is required? Read out further to learn the different scenarios you may or may not think of. As stated above, you obviously need it while selling or buying a new car. You too need it when you deal with a used car doing either of it selling or buying. You may be generous to donate your car to charity still, you have to transfer the title from your name to the name of the organization or a particular person authorized in that NGO. If your name itself has changed, you need a title transfer. When you are changing the car ownership within the family, title transfer needs to be there. When your car loan is fully paid, the owner needs to see the dealer is doing the needful for transferring the title in your name.

Apart from meeting the legal requirements, you have certain benefits of doing title transfer which you surely would like to know about. As in the case of selling the car, if you transfer the title in name of person you are selling your car to; you get free from all the responsibilities accompanied with the ownership of the car. The person driving the car might be involved in a road accident or he may be cited for violating the traffic rules, you will not be bothered as you are no longer accountable for the same. At the same time not doing this, may drag you into some unwanted legal complications.

Look at the other side too. Imagine the situation you are purchasing a car (and it remains the same for the new and used car). Transferring the title in your name will not only ensure the deal is legal; it will also make you rest at ease as the ownership is now non-contestable. Next time you get into car dealing, consult the auto registration services company that is reputed and experienced. The expert team there can ease the load with your minimum intervention.