Vehicle Title Transfer Form

VEHICLE TITLE TRANSFER FORM

Parties and Recitals

WHEREAS, Seller Name: is the lawful owner of the motor vehicle described below and is entitled to transfer title; and

WHEREAS, Buyer Name: seeks to purchase and receive transfer of title to that vehicle upon the terms set forth herein; and

WHEREAS, the parties intend by this document to evidence the assignment of the vehicle title, disclose known encumbrances, record odometer mileage, and set payment and transfer conditions.

Vehicle Description

The Seller certifies to the best of Seller's knowledge that the odometer reading above reflects the actual mileage of the vehicle unless the Seller states otherwise below. The Seller further certifies that to the best of Seller's knowledge the odometer reading does not reflect mileage in excess of its mechanical limits, and has not been altered.

Scope of Transfer and Vehicle Condition

Payment Terms

Purchase Price: $ payable by Buyer to Seller in United States currency.

Deposit Received: $ on (applied to purchase price).

Late Payment: Any unpaid balance not paid within days after the due date shall bear a late fee of $ and interest at .

Title, Liens and Encumbrances

Seller warrants that Seller is the lawful owner of the vehicle and that the vehicle is free of all liens and encumbrances except as disclosed below. Seller shall provide a signed release for any existing lien prior to transfer of title.

Effective Date, Term and Termination

Effective Date of Transfer: . Transfer of ownership and title shall be effective upon payment in full and delivery of the properly endorsed certificate of title and any required releases.

Termination: If Buyer fails to make payment in accordance with the Payment Terms within days of written notice from Seller, Seller may rescind this transfer and retain any deposit as liquidated damages, except where prohibited by law.

Seller Representations and Warranties

Seller represents and warrants that Seller has full right and authority to sell the vehicle, that the title is clear of undisclosed liens or claims, and that Seller will execute any documents necessary to transfer title to Buyer. Seller disclaims any express or implied warranties regarding merchantability or fitness except as expressly set forth in the Scope of Transfer section above.

Buyer Acknowledgments

Buyer acknowledges receipt of the information herein, has inspected the vehicle to Buyer's satisfaction, and accepts the vehicle in its current condition as of the Effective Date except as otherwise noted in the Scope of Transfer.

Confidentiality

The parties agree that the terms of this sale, including the purchase price and any payment terms, shall be treated as confidential commercial information and shall not be disclosed to third parties except where disclosure is required by law or necessary to effectuate the transfer of title and related filings.

Governing Law; Entire Agreement

This Agreement shall be governed by and construed in accordance with the laws of the state identified for the title transfer. This document constitutes the entire agreement between Seller and Buyer with respect to the vehicle described herein and supersedes all prior negotiations and representations, whether oral or written. Any amendment must be in writing and signed by both parties.

Notices and Mailing Addresses

Certification and Warning

By signing below, each party certifies under penalty of perjury that the information contained in this form is true and correct to the best of that party's knowledge, that the Seller is the lawful owner of the vehicle or is otherwise authorized to effectuate transfer, and that no fraudulent information has been provided to evade odometer disclosure or title requirements. Odometer tampering, falsification of documents, or transfer with intent to defraud may subject the responsible party to civil or criminal penalties.

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