What are Titles exactily??

Hey all,

Okay, First thing, Excuse my ignorance.
But... What exactily does a title mean?
I've got the idea and all, but why is it so important, And different per state?

Here in Australia, We have the bill of sale, and thats the only paper work!

Example, i'd write i John Smith sell this 57 Olds to Jake Riley for the sum of 7,000.
Signed, John Smith


And that's it, Cars yours.
So whats the difference in the states exactily?



Jackson

 

A receipt must be submitted to the state of sale transaction, they charges sales tax based upon receipt. Once taxes have been paid The state then issues a certificate of ownership (TITLE), A deed to a car, just as if you had a deed or certificate of ownership for your house or property.

 

Title is a legal document issued by each state indicating ownership and in the case of newer cars, where someone takes out a loan from a bank and makes payments against it, the title shows any liens against the vehicle.

All states use them on newer cars, but some states do not use them for older cars - instead, the registration card serves as proof of ownership.

With Australia's near anal rules about inspections and modifications it's hard to believe they don't have some kind of ownership papers or registration requirements before you can drive a vehicle on public roads.

 

not that i have a criminal mind.... but without proof of ownership couldn't you jack a car write a fake bill of sale and own it???

 

Australias near anal rules??

Mate, Theyre as bad as you can get! haha
Different per state though..

Anyways, Thanks for the info, Just thought i'd actually learn what a title really is, instead of assuming.


Jackson

 

No, They'd probably report it as stolen, Write all the vin numbers, etc, And youre caught.

With a bill of sale, if they call the original owner for whatever reason, and they say they sold it, then, yes, Good. if not, then well...
But it all boils down to id tags and vin numbers for someones name.

Then again... a friend of mine has a set of rhd 57 bel air tags in his shed




Jackson

 

We need to do a transfer of registration in Victoria. Both parties need to sign the document. Also, rego plates are meant to be returned to Vicroads (equivalent of DMV) by the seller until a valid Roadworthy Certificate (plus the Bill of Sale or receipt) is presented to Vicroads by the buyer where Vicroads will inspect the car for VIN, Engine number, etc.

Bill of Sale isn't quite the only paperwork!

 

Ahh, Interesting.
Friend of mine virtually did very little paper work at all to get his car on the road, But thats here in queensland..


Jackson

 

The state of Alabama is much the same as Australia with cars built before 1975. I guess they thought a car was not as valuable an asset as a home or property back then and never issued a title for a motor vehicle. If it was not reported stolen then you can get plates for it. The state was known as a dumping ground for stolen vehicles and the law changed in 75 to require a title issued on all new vehicles. But you still can't get one issued for a car built before 75 here. I have some out of state titles for my old cars that just sit in a file because they were not accepted or needed to get a registration.

 

Massachusetts never had titles before 1971 or '72. They were sold to the public as a means to prevent theft. They didn't. They cost $5 then. Now they cost $75. Need I say more.

 

Yes, you should state that now they are used as a tool to enable theft by the state for those still in denial.......

 

I think I did.......... "They cost $5 then. Now they cost $75. " Mass has legalized extortion in many ways.

 

It varies from state to state. Many states did not have them but used registration cards as proof of ownership. The TV show "Pinks" is based on the registration card. In California back in the day that card or piece of paper was pink. If you raced for pinks, the loser handed over his pink registration card and the winner could then get it transferred into his name.

My state has always been a title state. The seller has to sign the title piece of paper and the buyer turns in that title and gets a new title sent to him with the new owners name.

Many states have change to title states over the years but if you bought a car From NY that was registered in NY before the change you only got a small registration car.

 

Georgia USA, (pre 1987) the tag receipt is the registration.. You sign it over, notarize it (legal witness), and by reciprocation the other USA states accepts it. Well they are supposed to, you have to make them.

I've sold cars all over like this, problem is, most government employees are not very smart, or want to take a chance with their permanent job. So. you have to have a Notarized "statement" from the Department of Tax revenue head, (tax commisioner) to explain the law in legal details to the person in the other state. I always get a tag, then a certified tag reciept from the tag office to transfer, along with this letter.

I had to get ugly to get helped out on this loophole. A Certified letter, in which by government law they had 11 days to respond to. One of them old truth and visible government things.

There was a Aussie who wanted the clean 65 pan I had, how could I check him out? How could he understand what I was saying was the truth? the bike ended up going to Arizona, where it is part of a collection now. Even if the foreign money "shows" up in your bank account, it may disappear later.. There is no across country-border-protection unless you hire a mediator to hold the money and transfer the goods..