Question:
It's still on the original owner's insurance and registration and I have the title... do I have to register the thing before I turn around and sell it?
Answers:
What does Endor "P" mean on a drivers license?
the law in Calif says yes ,if you sell a car you must be the owner of record,or title holder only a lic dealer and flip a titlecheck w/ the local dmv because some paces allow you to sign it right over.
Hit by uninsured drunk driver... How much can I ask from my auto insurance company ?
Yes. You absolutely do. It's written in the law.In fact, if you try to sign the title over to the buyer before you register it, then you'll have to get the person who gave you the title to get a new one for you and sign it over again.
We are gettomg Renters, Car, and motor cycle insurance?
why would someone sell you a car, and still leave it in their name . and they pay for the ins... ? if you have bought this car,, and you have not changed the title with in 24.hours... and there is an accident ,, where this mans ins .. does not have to pay... now this is if you have already a title and a bill of sale for the car... in this state when you change the title ,, you must show proof of ins. .. in this case the mans name that is still on the title. would do this .. and leagley he could dollect twice for the car... because you have not changed the title,,states are getting very tough on this.. and i agree..
doing the right way and you will not have a problem..
You can't sell a car you don't own. If it isn't in your name, you don't own it. If the seller left it on her insurance, that is pretty stupid. Also if it isn't transferred within 30 days of the date of purchase, there will be a penalty to pay.
Lost Certificate of Motor Insurance?
Most states, you can get a title only in your name. When a title is issued, you will pay the appropiate taxes. Once the title is in your name, you can turn around and sell it immediately. You can not sell something you do not own, and according to the state, you are not the titled owner and can NOT sell the vehicle. Check with your states DMV to see if you can just get a title only. Or go to their website for that information.Registering the vehicle means....buying a plate for it, so you can drive it on the street.
You will have to title the car in your name and wait for the title to come back showing you are the new owner of the car.
When that happens, you can sell the car to whomever you wish by putting their name on the title as purchaser, sign the odometer statement on the title, collect money, the car is theirs.
NO, you do not have to register the car in your name.
More Questions & Answers ...
This article contents is post by this website user, CarQnA.com doesn't promise its accuracy.
Copyright 2006-2008-2007 CarQnA.com. All Rights Reserved.