Transferring a vehicle by an affidavit is as easy as filling out an Affidavit of Motor Vehicle Gift Transfer form that may be attained from your state tax office and returning it. All states have independent rules and regulations. There may be a small fee depending on your state. Gather information on the vehicle, the donor, and the recipient. Forms are attainable online. Fill out the form, both the donor and the recipient must sign, notarize, and return it. It is that simple!
Provide vehicle information needed to complete the form such as the year, make and model of the vehicle. You must also have the vehicle identification number, also called the VIN. Find the VIN on the side dash, it is viewable through the windshield. If the vehicle dates before1969, look for it under the hood, at the front of the engine.
Provide donor information needed to complete the form such as name, mailing address, and telephone number with area code. Provide the appropriate answer to indicate the donor's relationship to the recipient. Indicate if the donor or the recipient is qualified for an IRS (Internal Revenue Service) nonprofit classification. Certify to a notary that the information is true and correct and that the transfer does not involve money including assumption of debt. Sign in front of the notary.
Read More: How to Transfer a Vehicle Title in the State of Tennessee
Provide recipient information needed to complete the form such as the name, mailing address, and telephone number with area code. Certify to a notary that the information is true and correct and that the transfer does not involve money including assumption of dept. Sign in front of the notary. There may be a small fee for the notary. Your bank may provide the service free of charge.
Remember some states have additional laws and requirements to consider. For instance, in Nebraska attach Certificate of title to affidavit form and remember liens will transfer too. Also attach Death Certificates. Allow 30 days to pass after a death before filing. Only file on personal property with value under $50,000 in the decedent's estate when the transfer is due to the death of the owner. File appropriate affidavit for the type of vehicle. For instance, fill out a Water Craft Vehicle Affidavit form for motorboats, or a RV (recreational vehicle) Affidavit form for motor homes, etc.
- There are penalties for providing false answers to a notarized document.
- Remember online forms are easy and convenient. Type in your answers and print.
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