Au 463 2012-2025 Form

What is the Au 463

The Au 463 form, also known as the motor vehicle gift form, is a document used in Connecticut to declare the transfer of ownership of a motor vehicle as a gift. This form is essential for individuals who wish to gift a vehicle to another person without the transaction being treated as a sale. By completing the Au 463, the donor and recipient can ensure that the transfer is legally recognized and that any applicable taxes are addressed appropriately.

How to use the Au 463

Using the Au 463 involves several key steps to ensure proper completion and submission. First, both the donor and recipient must fill out the necessary sections of the form, providing details such as the vehicle's make, model, year, and Vehicle Identification Number (VIN). The donor must also indicate their intent to gift the vehicle, while the recipient must acknowledge acceptance of the gift. Once completed, the form should be signed by both parties to validate the transaction.

Steps to complete the Au 463

To successfully complete the Au 463 form, follow these steps:

• Obtain the Au 463 form from the Connecticut Department of Motor Vehicles (DMV) website or a local DMV office.
• Fill in the vehicle details, including make, model, year, and VIN.
• Provide the donor's name, address, and signature, confirming the gift.
• Enter the recipient's name and address, along with their signature, acknowledging the acceptance of the gift.
• Submit the completed form to the DMV along with any required documents, such as proof of identity and ownership.

Legal use of the Au 463

The legal use of the Au 463 form is crucial for ensuring that the vehicle transfer is recognized by the state. This form serves as a declaration that the vehicle is being given as a gift, which can affect tax liabilities and registration processes. By using the Au 463, both the donor and recipient can avoid potential legal issues related to ownership disputes or tax implications that may arise from improperly documented vehicle transfers.

Required Documents

When completing the Au 463 form, certain documents are typically required to support the transaction. These may include:

• Proof of identity for both the donor and recipient, such as a driver’s license or state ID.
• Evidence of ownership, like the vehicle title or registration.
• Any additional forms required by the DMV for processing the gift transfer.

Form Submission Methods

The Au 463 form can be submitted to the Connecticut DMV through various methods. Options typically include:

• Online submission through the DMV's official website, if available.
• Mailing the completed form to the appropriate DMV address.
• In-person submission at a local DMV office, where staff can assist with the process.

Examples of using the Au 463

Examples of situations where the Au 463 form may be utilized include:

• A parent gifting a car to their child as a means of support.
• A family member transferring ownership of a vehicle to another relative during estate planning.
• A friend giving a vehicle to another friend to assist with transportation needs.