What are the Repercussions of the Seller Forgetting to Sign Title?
Posted January 28, 2022 by allenstewartpc
When a customer is buying or selling a vehicle, certain protocols need to be followed. One crucial protocol that should be followed is to transfer the legal title from the seller to the buyer.
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The process of selling the vehicle is not as easy as one might think. There is certain documentation that needs to be completed by both parties. One such documentation that the seller should take care of is signing the title for the car.
Many people raise this concern of what would happen if the seller forgot to sign the title? Well, it is not something to which you can turn a blind eye. If the seller doesn't sign the title, it will leave the buyer without proof of ownership of the vehicle, and the seller will be liable for the vehicle.
However, in some cases, the buyer does not take ownership of the vehicle if they intend to resell it. This is done to avoid sales tax and is known as "title jumping." If the buyer wants to transfer the title but cannot get the documents before presenting it to the DMV, the buyer can ask the seller to sign a duplicate.
If the seller is unwilling to give the duplicate, the buyer can apply for a bonded title. The buyer will get the bonded title by submitting proof that the buyer purchased the vehicle to a bond company. The buyer can then take the proof of the bond to the DMV and receive a bonded title.
There have been cases where the seller purposefully took the new car by breaking in because they argued they never signed the title and the vehicle still belonged to them. If the seller does not agree to sign the title, you can contact the attorneys from Allen Stewart.
For more information, log into https://www.allenstewart.com/
About the company
If you need the best legal guidance for any queries regarding lemon law cases, auto fraud cases, benzene exposure, etc., you can always reach out to the attorneys at Allen Stewart. These attorneys do not charge extra and can guide you in the best way possible at affordable rates. They have a dedicated team of the best legal experts to help you get fair judgement with their merit and talent.
Contact
Phone: - 866-440-2460
Address: - 1700 Pacific Avenue Suite 2750, Dallas, Texas 75201
Website: https://www.allenstewart.com/
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| Contact Email | [email protected] |
| Issued By | Allen Stewart, P.C. Law Firm |
| Phone | 866-440-2460 |
| Business Address | 1700 Pacific Avenue Suite 2750, Dallas, Texas 75201 https://www.allenstewart.com/ |
| Country | United States |
| Categories | Business , Law , Legal |
| Tags | seller forgot to sign title |
| Last Updated | January 28, 2022 |