Missouri Notice of Title Defect by Buyer to Seller Pursuant to Provisions of A Purchase and Sale Agreement

State:
Multi-State
Control #:
US-OG-358
Format:
Word; 
Rich Text
Instant download

Description

This form is used by a buyer to give notice of a title defect on property in an acquisition turns action and contains the information necessary to cure the defect.

How to fill out Notice Of Title Defect By Buyer To Seller Pursuant To Provisions Of A Purchase And Sale Agreement?

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FAQ

You must submit the notarized lien release (copy or original), your current title (if in your possession) and pay an $8.50 title fee and a $6 processing fee. The new title (in your name, without the lien) should issue within 3-5 business days, and will then be mailed to you (at the address provided on the application).

Remember: All sellers and purchasers must print their names and sign the back of the title in the assignment area. These signatures do not need to be notarized. The seller must write in the odometer reading and date of sale. You may not use correction fluid (white-out) or erase marks from the title.

Title jumping is the act of buying a vehicle and selling it without registering the vehicle in your name. The title ?jumps? from one owner to the next, without any record. Title jumping is also known as a jumped title or floated title.

You must complete an Application for Missouri Title and License (Form 108) and submit it, with the incorrect title, for a corrected title to be issued.

On the back of the title you will fill out the upper part within the block called ASSIGNMENT. Print the purchaser's name(s) and complete address on the two lines provided. Fill in the odometer reading in the space provided (Not required if vehicle is ten or more years old).

How to Fill Out Form 108 Missouri? Pick the trans type, in the right corner of the page; Fill in the information about the owner, including name, address, city, state, email, and phone; Write down the data about your vehicle, including year, color, ID, fuel, mileage, and body style;

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Missouri Notice of Title Defect by Buyer to Seller Pursuant to Provisions of A Purchase and Sale Agreement