A authorized doc evidencing the switch of possession of a motorized vehicle from a vendor to a purchaser throughout the state of California. It usually contains particulars such because the names and addresses of each events, an outline of the automobile (together with its make, mannequin, yr, and Automobile Identification Quantity), the sale worth, and the date of the transaction. As an example, a accomplished doc would present John Doe promoting a 2015 Honda Civic to Jane Smith for $10,000 on October 26, 2023, together with all related automobile identifiers.
This paperwork is crucial for a number of causes. It gives a document of the transaction, defending each the vendor from future legal responsibility associated to the automobile and the client in establishing possession. It is essential for the client to register the automobile with the California Division of Motor Automobiles (DMV) and acquire new title and registration. Traditionally, such documentation has develop into more and more vital to stop fraud and guarantee correct record-keeping associated to automobile possession and gross sales.
