Wisconsin Vehicle Titles
Signing a vehicle title in Wisconsin when selling a vehicle private party is a crucial step in completing the transaction legally. Here are the step-by-step instructions:
1. Obtain the Vehicle Title: Make sure you have the original vehicle title in your possession. The title should be completely filled out with all previous ownership transfers and information accurately completed.
2. Seller’s Section: On the front of the title, locate the section labeled “Assignment of Title by Owner.” Here, you, as the seller, need to fill out the following details in ink:
a. Date of Sale: Write the current date (month/day/year) when the sale is taking place.
b. Seller’s Name and Address: Provide your full legal name and current residential address in the designated spaces.
c. Odometer Reading: Record the total mileage shown on the vehicle’s odometer.
d. Seller’s Signature: Sign your name in the designated space provided for the seller’s signature.
Note: If there are multiple owners listed on the title, all owners must sign and fill out their respective information.
3. Buyer’s Section: The buyer must also complete their information in the “Buyer’s Name and Address” section on the front of the title:
a. Buyer’s Full Name and Address: The buyer must provide their full legal name and current residential address in the designated spaces.
b. Buyer’s Signature: The buyer must sign their name in the designated space provided for the buyer’s signature.
4. Odometer Disclosure Statement: In Wisconsin, an Odometer Disclosure Statement is required for vehicles under 10 years old and has a gross vehicle weight rating (GVWR) of 16,000 pounds or less. Complete the Odometer Disclosure Statement on the back of the title if applicable.
5. Bill of Sale: While not legally required in Wisconsin, it is advisable to have a Bill of Sale. This document serves as a receipt for both parties and helps provide proof of the transaction. Include the vehicle’s details (make, model, year, VIN), sale price, date of sale, buyer’s and seller’s information, and both parties’ signatures. A template for a Bill of Sale can be found on the Wisconsin Department of Transportation (DOT) website.
6. Remove License Plates: As the seller, remove your license plates from the vehicle once the transaction is complete. Wisconsin law requires license plates to remain with the seller unless transferring them to a newly purchased vehicle.
7. Transaction Record: Keep a copy of the completed title and Bill of Sale for your records. This will help protect you in case of any future disputes or legal issues.
Important:
– If there is a lien on the vehicle, additional steps and paperwork are required. Contact your lienholder for guidance on how to proceed with the sale.
– Complete a Notice of Transfer and Release of Liability form (DT1434) online or mail it to the Wisconsin DOT within 30 days of the sale. This releases you from any liability associated with the vehicle after the sale.
Always refer to the Wisconsin Department of Transportation (DOT) for the most up-to-date and specific instructions regarding vehicle title transfer in the state.