How to get a title for a old car?
i bought a 94 eagle talon tsi and the title is signed incorrectly and a notary said the dmv wouldnt take it i cannot find the previous owner of the car im stuck.... ive heard of getting it bonded? i dont know what that is and a MVR? apply for a lost title? someone Plz plz plz help me on this one i dont wanna scrap this car or sell it for part its a gem and hard to find if it helps i live in north carolina
You get a clear, current, properly signed title from the buyer at the point of purchase or no cash leaves your hand.
But obviously that isn't what happened in your case, so you are left with the expensive and complicated bonded title procedure.
Complete a Title Application (MVR-1) and sign it in the presence of a notary public. You will need a government-issued photo ID in order to establish your identity to the notary public.
Complete an Affidavit of Facts (Form 92H) and sign it in the presence of a notary public
Take the car to a Division of Motor Vehicles License and Theft Bureau Agent for an inspection. The inspector will issue Form LT-270 if it is roadworthy, the Vehicle Identification Number is intact, and it has not been reported stolen.
Purchase an indemnity bond from an insurance company licensed by the State of North Carolina to issue such bonds, in the amount of 250 percent of the value of the car as determined by the North Carolina DMV Value Schedule
Purchase auto liability insurance with coverage limits that equal or exceed North Carolina requirements
Submit the Title Application, Affidavit of Facts, inspection report, proof of purchase of the indemnity bond, proof of insurance, and the filing fee ($40 plus 3 percent of the value of the car) to the local office of the North Carolina DMV. Your bonded title will be mailed to you.
(Now hope it doesn't turn out to have a lien that needs to be paid off too.)
Read more: How to Title a Car That Doesn't Have a Clear Title in North Carolina | eHow.com http://www.ehow.com/how_6197234_title-clear-title-north-carolina.html#ixzz1VKSZ1SHv
