Transfer Vehicle Title Agreement

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12. oktobra 2021.
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Transfer Vehicle Title Agreement

A motor vehicle cannot be sold without providing the buyer or buyer with a certificate of ownership indicating the date of purchase of the vehicle. In all cases of transmission of a motor vehicle, with the exception of the sale of a vehicle to a general purchaser by a dealer, the application for the grant of the deed of ownership must be submitted within thirty days of the transfer or handover of the motor vehicle. The buyer writes his name and address in ink on the deed of ownership and transmits the certificate to the DMV within thirty days with an application for registration of the motor vehicle, trailer or semi-trailer and the issuance of a deed of ownership. Sublease and „buy-back“ agreements are illegal. Any loan or deposit on a vehicle must be executed before it can be sold. An effective transfer requires the confirmation and delivery of the certificate of ownership by the transferor to the transferee and the delivery of the certificate to the DMV by the buyer, with a regular transfer fee and a request for transfer of the registration within ten days of receipt by the buyer. The transfer of ownership of a registered vehicle expires. The person in whods the transferred vehicle was registered shall immediately return the registration certificate assigned to the transferred vehicle, with the date of sale and the name and domicile of the new owner in the rear. The buyer must then present the certificate to the DVSB at the time of application for registration of such a vehicle or trailer and a new certificate of ownership is issued to the buyer. The transferor of a motor vehicle less than 10 years old, equipped by the manufacturer with an odometer, must provide the purchaseee with a signed declaration indicating that the mileage indicated on the odometer is, to his knowledge, correct. If you do not have a title, you (or the owner of the registration) must apply for a duplicate of the state in which the vehicle was last titled. Ownership must be transferred to the new owner upon delivery of the vehicle.

It is illegal to buy, sell or operate a vehicle without a certificate of ownership. In the case of the transfer of ownership of a vehicle, the transferor must mention at the back of the title a complete assignment with guarantee of ownership and a declaration of all pledge rights or charges on the vehicle that have been sworn before a notary (with the exception of the transfer to an insurer on the basis of a right to total damage) and must hand over the property to the transferee at the time of delivery of the vehicle. . . .

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