Friday, May 29, 2009

Transfer The Title Of A Motorcycle

Buying or selling a motorcycle involves a small amount of paperwork, mostly in the form of transferring the motorcycle's Title of Ownership. While not limited only to the sale of the machine - name changes can also be done in this manner - a title transfer legitimizes the motorcycle's ownership with your state's Department of Motor Vehicles. Completing the transfer requires signatures from the buyer and the seller, as well as a bill of sale documenting the date of purchase and pertinent information about the vehicle. With the necessary documents rounded up, transferring the title will be a breeze.


Instructions


1. Fill in the required information on the back of the motorcycle's title. Print the names and addresses of both the buyer and seller in the designated areas.


2. Obtain the motorcycle's current mileage, using the odometer housed within the motorcycle's speedometer. Write the mileage down in the odometer reading section on the back of the title.


3. Affix the signatures of both the seller and buyer in the signature fields on the bottom of the title.


4. Complete a bill of sale form, entering the names and addresses of the buyer and seller. Include the make and model of the motorcycle, its VIN (Vehicle Identification Number) number, mileage, and the agreed sales price. Have the bill of sale signed by both the buyer and seller.


5. Make a copy of the bill of sale for the seller's records. Provide the signed title and the original bill of sale to the buyer.


6. Go to your local Department of Motor Vehicles to transfer the title to the buyer's name.


7. Provide the signed title, bill of sale and a photo ID to the DMV clerk. Pay any fees or taxes that are applicable to your city, state or county. The new title will be mailed to the buyer's address listed on the title within 1 -2 weeks.







Tags: bill sale, buyer seller, both buyer, both buyer seller, Department Motor