What is the procedure if we want to sell our used bike?
I have a bike n want to sell it, can anyone tell me whats the legal procedure to sell that bike, as if a party wants to purchase what should we do to transfer the ownership like documentations etc.
Answers:
Motor bike - Title and bill of sale and in some states certificate of mileage.
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the process should be the same as if it where a car.hopefully you have a title for it if you live in a state/ country that requires one for motor cycles.
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if you have the title for it just go with the buyer to any bank with a notary they will help you with it.
if you live where there are no titles neccessary for motor cycles a bill of sale should do. do a search online for "bill of sale" and talk to a notary.
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any questions with this talk to the county clerk of courts office in the county in which you live.
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I will take a stab at this. First of all, is it a street bike? If so, in most states you must have title to it. You will need to assign the title to the new owner in the presence of a notary. Also, an odometer statement may also be needed at the time of this transaction. If you don't have a true odometer reading then you usually have to have an affidavit notarized. It varies from state to state but that is usually how it goes.Advertise it, sell it, sighn pink over, have them sighn a written or typed statement of purchase including model, color, vin #, year, date, sighned by both parties and preferably witnessed, then send the transfer of title to DMV, DONE!
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