Triumphrat

7589

I'm selling my little around town chopper to help fund my new Sprint ST.

Anyways this guy in NY wants to buy it. I have the title in hand, how does this work as far as signatures go and transfer of title to him? I know I keep the plate and surrender it to the DMV but I don't quite understand how to transfer the title to him.

I live in CA he lives in NY. Your knowledge and experience is appreciated.

--Kory

seumas

I bought my RS from an out-of-state owner. I had my credit union send a cashier's check to his bank. He took the title to his bank; they verified the funds, then sent the title and bill of sale to my credit union. I had the shipping already arranged, so as soon as the paperwork was done on both ends, he dropped the bike at the shipping company and I had the bike a week later.
I'm sure there are other ways to have done the deal, but it worked for us.

__________________


"We fight not for glory, nor for wealth, nor honor but only and alone
we fight for freedom, which no good man surrenders but with his life."

Diego

> I have the title in hand, how does this work as far as signatures go and transfer of title to him? I know I keep the plate and surrender it to the DMV but I don't quite understand how to transfer the title to him.

Haven't seen a California title, but I presume it's like most and has a place on the back for transfer. New York is a fairly picky state when it comes to titles, so you'll want to be careful in filling out the details; that is, having everything completed that is your part, and not filling in anything else.

I would bet your local bank could advise you on the specifics, as they will have loan officers and clerical people who handle vehicle titles all the time. They might also advise you as to the best way to handle payment, so as to minimize or eliminate waiting time for checks to clear.

Just as general advice in the meantime: as transferor or seller, you should be sure to print where it says to print and sign where it says to sign, not vice-versa, and use the form of your name that is shown on the title. You should have the buyer's name and address filled in where it asks for the buyer or transferee (never give someone a signed title without that filled in!), the odometer certification completed (also a must!), the selling price filled in if there's a place for it, and your signature notarized if California has a place for that by the seller's signature.

(Some states do, some don't, and it matters quite a bit. Kansas titles don't have a place for notarization, but if the originating state does, then the title being transferred MUST be notarized before anything can happen. I just got done waiting two months to tag an English sports car I bought from a guy in Ohio because his broker didn't think that was important. The seller apparently had quite a nice little vacation with the proceeds of the sale. I had to send the incomplete title back to him to get that done, but he was gone and unavailable to get it notarized until just last week. Finally got all the paperwork to our courthouse today, but I'm less than thrilled with both the broker and the seller at the moment. I've never had it on the road yet, and sports car season is over half gone for this year!)

And finally, you should probably contact the buyer to see if New York requires a bill of sale along with the title, and/or if he will need a photocopy of your current registration too.

Best of luck.

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John