New Hampshire Loan Agreement for Vehicle
Description
How to fill out Loan Agreement For Vehicle?
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FAQ
New Hampshire is a title required state, and title to a motor vehicle must be proven before registration can be obtained.
To register a vehicle owned by you, you must bring the title, along with proof of residency, to the town or city clerk's office where you reside.
New Hampshire has neither a "cooling off period" to cancel a used car sale, nor a used car "lemon law." Although some states have such laws, New Hampshire's "lemon law" applies only to new cars (refer to the section on Autos: Lemon Law, and a "cooling off" period is nonexistent in either new or used car sales.
What you need to know when filling out a Bill of Sale. The date of the sale. A detailed description of the vehicle, including: Make. Model. Color. Vehicle identification number. Model year. Year of manufacture. ... Name, signature and legal address (no PO Box) of purchaser. Name, signature and legal address (no PO Box) of seller.
NEW REGISTRATIONS: Yes, if you have attached Permission to Register form completed by primary registrant and YOUR driver's license. Please note, if it is a private sale that requires a title application, the registrant MUST sign the title application themselves unless you have a power of attorney for that vehicle.
Similarly, you have no right to the return of a deposit unless the contract or a specific law permits a refund. For example, there is no statutory right to cancel the purchase of a motor vehicle and any deposit placed on a motor vehicle is not automatically refundable.
FindLaw Newsletters Stay up-to-date with how the law affects your life Legal Maximum Rate of Interest10% unless differently stipulated in writing (§3)Penalty for Usury (Unlawful Interest Rate)-2 more rows
If You're the Buyer If the vehicle is title-exempt, you only need to complete a bill of sale. Whether or not your vehicle is title-exempt, you also need to register it with the DMV.