Alabama Title Opinion Letter - To Purchaser

State:
Alabama
Control #:
AL-016-09-CP
Format:
Word; 
Rich Text
Instant download

Description

This form is an opinion on the state of title for a piece of real property stating that the title is clear and marketable and enclosing the deed to the purchaser. This form is available in Word and Wordperfect formats.

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FAQ

The seller should sign the title on the line that says Seller's signature. Again, if two people are selling the vehicle, both of their signatures need to fit on this line. Immediately next to this line is a place where the buyer(s) can sign their name(s).

After the payment has been transferred, the seller needs to sign the title over to the buyer (instructions are normally provided on the back). The seller will then need to contact the DMV within 5 days to transfer ownership and release themselves from any liability for the vehicle.

Where Do I Sign An Alabama Title? On the back of the title, upper right side where it reads, SIGNATURE (s) OF SELLER(s). Print your name on the line below that reads PRINTED NAME(s) OF SELLER(s). IMPORTANT Signatures must be an exact match!

The names listed as owners on the vehicle title are the legal owners of the vehicle. If only one name is listed on the title, then that person is the legal owner, no matter who may be paying the loan.

Gifted Cars in Alabama The person gifting the vehicle acts as the seller, and the recipient is the buyer. Note that you may be required to have a bill of sale notarized, or provide a gift affidavit. Contact your county MVD office for specific requirements you must meet in your county.

The following line says Signature of buyer. The buyer should sign on this line. Next to that, the buyer should print their name. Note that if two people are taking ownership of the car, both people must fit their names on the same lines. The next line says Name of seller. The seller should print their name there.

The buyer must complete the back top portion of the title. Legibly write your resident address to ensure your new title is mailed correctly. Ensure you sign and date next to your drivers license number. If you do not have a drivers license write in your identification card number instead.

Have both parties sign it, create a copy, and then send the bill of sale to the DMV. If anything happens and the buyer fails to register the car, you'll have the proof needed to say the car's ownership has been transferred and it is no longer in your name.

In simple situations where you own the vehicle outright and wish to transfer ownership to someone else, all you must do is complete a title certificate. Once you have filled out and signed the certificate, the buyer or recipient can take the title to a local DMV office and officially transfer ownership.

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Alabama Title Opinion Letter - To Purchaser