How to Perform a Title Transfer in Montana
Vehicle owners may be required to perform a Montana car title transfer procedure when they decide to sell or buy a motor vehicle and to transfer the ownership rights between themselves and another party. Motorists who are wondering how to fill out a transfer of title may have to conduct the procedure through the Montana Motor Vehicle Division (MVD).
Individuals may also be mandated to satisfy certain title transfer requirements and steps as part of the procedure, depending on their specific situations. If you are trying to find out how to transfer a title on a car in Montana, you are encouraged to continue reading the sections below for more details.
What is a car title transfer in Montana?
Motorists who want to perform Montana title transfers for cars need to first discover the several mandatory steps that the process consists of and the available methods. Individuals who are wondering how to perform a motor vehicle title transfer are recommended to first discover the importance of a certificate of title.
A car title is a legal document issued by the MT MVD that serves as proof of ownership over a motor vehicle that is being sold.
Along with vehicle registration processes, motorists are required to perform a process of auto title transfer in situations when they sell or purchase a motor vehicle and they need to transmit the ownership rights to other legal entity. Vehicle owners should also take the time to learn the reasons for transferring ownership of a motor vehicle and how to perform this procedure.
When is a vehicle title transfer required in Montana?
A transfer of car title and ownership rights is a procedure that must be performed within 40 days after buying or selling a motor vehicle. However, individuals may be also required to perform a car title transfer process when inheriting a motor vehicle or receiving one as a donation or a gift.
To learn more information about how to fill out transfer of title in Montana, contact the MT MVD and discover the situations that will require you to perform such procedure.
Information and Documents Necessary to Transfer a Title in Montana
Motorists have to perform a Montana car title transfer procedure when purchasing a motor vehicle or receiving a vehicle as gift or inheritance. The title transfer requirements may vary based on the way you have obtained the motor vehicle. In most cases, individuals who want to perform a transfer of car title in MT may be required to provide the following documents:
- A vehicle title assigned to the purchaser containing the seller’s notarized signature
- A bill of sale completed by the seller of the vehicle
- A completed application section
- A completed odometer certification statement
- A payment for the applicable title transfer fees
In addition to these documents for vehicle title transfer, individuals may be also required to provide other paperwork, depending on their specific situation. For instance, title transfers for cars may also require a proof of lien release, if there was a lien on the vehicle.
Moreover, when transferring a car title for a vehicle that has been purchased from a dealer, the dealer will be required to complete and sign the back of the title certificate. To discover more details about the Montana car title transfer procedure, motorists are encouraged to contact the MT DMV and complete a title transfer.
Steps for Performing a Transfer of Title in Montana
When performing a Montana auto title transfer procedure, both the sellers and the purchasers need to satisfy several steps and requirements. You cannot get electronic title transfers in Montana. Although some states may provide title transfer online, in MT you must complete the process in person.
The mandatory car title transfer steps for the procedure may be performed in person at a local MT MVD branch by doing the following:
- Collect and submit all the mandatory documents received from the vehicle’s seller.
- Complete an Application for Certificate of Title for a Motor Vehicle (form MV1).
- Provide payment for the applicable title transfer fee.
After completing the required steps for a vehicle title transfer, motorists will establish their ownership over the motor vehicle they have purchased.
Getting a New Car Title Versus Title Transfers in Montana
Vehicle owners who are looking to title their vehicles need to know how to apply for a new title certificate and how to transfer a car title between two parties. The Motor Vehicle Division (MVD) of the Montana Department of Justice (DOJ) issues a new title to drivers who have recently bought a new vehicle, or to new residents who have just moved from out of state.
However, when purchasing a motor vehicle from a dealership, the dealer will be required to apply for a new car title in the name of the owner and submit the mandatory documentation to the MT MVD.
Unlike the process of getting a new car title, vehicle owners will have to transfer a vehicle title when transferring ownership from one person to another. In other words, a title transfer is a procedure that vehicle owners need to perform when they are selling a vehicle to another party.
In most cases, to transfer or to obtain a new title for car in MO, motorists must first purchase a motor vehicle. However, a transfer of title may also be performed when a vehicle is given as a gift, some form of donation, or as part of an inheritance.
Car Title Transfer Fees in Nebraska
The final step of a Montana auto title transfer procedure is submitting a payment for the applicable fees. In addition to the car title transfer fee of $10, individuals may need to pay an $8.24 fee for a security interest or lien.
New vehicle owners who have performed a transfer of car title may also be required to pay the imposed taxes when paying for titling fees. For more information, contact your country treasure’s office.
Note: Failure to perform a car title transfer within 40 days after the sale date may result in a late fee.