Selling a Car in Wisconsin

 By: Nicholas Copernicus
Selling a car in Wisconsin is generally simple, but to avoid problems you and the buyer should know what Wisconsin law requires. Having a vehicle bill of sale form filled out properly will save you a lot of headaches down the road if odometer fraud or other issues arise.

Before you sell your car you must have a title to the vehicle in your name. You are not suppose to sell a car that isn't titled to you, this is unless you have a power of attorney from the titled owner or licensed dealer that gives you that legal authority. Selling a car you do not have the title for is not a legal transaction. In Wisconsin you also cannot sell a car you owe money on. If you owe money on the vehicle your title will show a lien. You must get a lien release from the lender first to be able to sell a car you owe money on. Lenders do not generally hand you a lien release unless you first pay off the car.

After you sell your car then you must sign and date the title in the specified "signature" area of the selling owner or owners. If there are more than one owner signature on the title and the names are separated by the word "and" then all owners must sign. If the names are separated by "or" then any of the owners can sign. If you've lost the title and no longer have it you can apply for a replacement title at the Wisconsin Department of Transportation. The original will become invalid once you apply for a replacement copy. Also, under federal law you are required to accurately fill in the odometer mileage statement on the title. Also on the title you must fill in the buyers name and address and selling price. The Department of Revenue checks suspiciously low priced car sales on titles.

Finally to have a legal copy of the whole transaction in case of later accusations of odometer fraud, or in case of a bounced check, etc., you will need to complete a auto bill of sale form or "Bill of Sale" for short. You will need to keep a copy of this for your records.
loading...
Artice Source: http://www.articlesphere.com
Article Tags: bill of sale

Related Articles in Legal


People interested in the above article are also interested in the related articles listed below:

The Board of Control for Cricket in India (BCCI) lost two arbitration proceedings filed by M/S Rendezvous Sports World (RSW) and Kochi Cricket Pvt. Ltd (KCPL) and awards dated 22.06.2015 were pronounced. On 16th September 2015, BCCI challenged both the above said arbitration awards by filing applications under Section 34 of the act.
All sort of business will necessitate a business law advice at one end or other. From the merchant relationships in order to authoritarian compliances, tax & payroll problem, employment matters, a day to day function of your business provides a myriad of challenges.
If you believe you have a case for Wrongful Owner Move In Eviction, what can you do? An introduction to a lawsuit for wrongful or fraudulent owner move in (OMI) eviction in San Francisco under San Francisco Rent Ordinance sec. 37.9(a)(8).
loading...

More in Legal

Excellent, Larry. Thank you for taking the new article directory technology and making it work to the max. I encourage everyone to keep contributing and contributing regularly. I can attest to the fact that this site is already a strong directory in a field of many. Kudos to Larry!

Matthew C. Keegan
The Article Writer

 

I find it a delight to use both as an author and a publisher. It is full of nice little surprises that make the whole process of writing, reading and publishing articles a complete delight. This is one that comes out tops and beats the rest hands down.

Eric Garner
Managing Director
ManageTrainLearn

 

I did a Google search and came across your site. It was exactly what I was looking for and was elated to find such a broad range of articles. As I am launching a free magazine in a small town in Florida, I wanted to be as resourceful as possible while still being able to provide some content that is interesting and well written. Your site has all the variables in the mix. Excellent Site hitting all the notes in the scale sort of speak.

Mo Montana
Florida, USA

Article Topics

 
Copyright © 2005 - by Larry Lim, Singapore - Article Search Engine Directory at ArticleSphere.com™
All Rights Reserved Worldwide. All Trademarks and Servicemarks are the property of the respective owners.
ArabicBulgarianCatalanChinese (Simplified)Chinese (Traditional)CzechDanishDutchEnglishEstonianFinnishFrenchGermanGreekHaitian CreoleHebrewHindiHungarianIndonesianItalianJapaneseKoreanLatvianLithuanianNorwegianPersianPolishPortugueseRomanianRussianSlovakSlovenianSpanishSwedishThaiTurkishUkranianVietnamese