Its not what we take with us that matters but what we leave behind that counts. The DMV can explain all of this better I am sure as well as explain any, if the are any, differences between car and other property titles. If the last person the title was assigned to by the state had the vehicle financed the title will be sent to the finance company unless an affidavit of sorts is provided by the bank on record saying the loan has been paid in full. There can be one complication to all of this though. If he won't do what he has to then walk away. The bottom line is you need to contact your local Sec of State facility and check what needs to be done to get a replacement title (explain you are thinking about buying from a private seller who says he lost it) and then go to the seller and tell him what he must do in order to complete the sale. They can then either apply for the lost title or give that paperwork to the next owners who can then finish filling out the paperwork, pay all fees, and then the title will be sent to the new owners.įor a car the fee for a replacement title is the same as having the title transferred so when if the new owner does it all himself he will be paying the title fee twice. They are given paperwork that is partially filled out that they must sign. Like anything involving registration, the documents required to complete these services. Transfer of Title from One Person to Another. Transfer Plates from One Vehicle to Another. The procedure for an automobile is that the last person the title was assigned to has to go to the DMV and start the ball rolling. Obtain State License Plate Renewal Stickers. I do know on a car in Illinois a bill of sale will not do you any good.
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