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during this video you will learn what
information you need to know when buying
or selling a vehicle from a private
seller the seller of the vehicle is
required to complete the certificate of
title for vehicle in order to transfer
the name on the title the sellers name
and lien holder are listed on the front
of the title if the lien is listed the
lien release portion on a title must be
completed if the lien release portion is
not completed a lien release letter will
be accepted if the title is issued in
more than one name all owners listed on
the title must sign as the seller if you
are signing on behalf of a company you
must state your position on the back of
the certificate of title under the
seller information box the seller must
complete signature and printed name of
seller date of sale selling price trade
in price if any and total price paid the
seller will also need to complete the
purchaser information box they must
complete the name of purchaser and their
address information along with the lien
holders name and address information if
applicable the seller is also
responsible for completing the federal
odometer statement if the miles for the
vehicle are the actual miles no odometer
boxes on the title should be checked
after the seller has completed the
required fields on the form the buyer
must sign and print their name in the
applicable field we recommend the buyer
to check the odometer mileage odometer
brand and title of the brand located on
the front of the title before signing to
ensure all the information and mileage
is correct the seller should remove the
license plate from the vehicle at the
time of the transaction the buyer is
responsible for obtaining a new
certificate of title registration and
license plate they can do this by
bringing the completed certificate of
title for vehicle along with all other
required paperwork to any B&B branch
you