A authorized doc evidencing the switch of possession of a motorcar from a vendor to a purchaser throughout the state of California. It sometimes consists of particulars such because the names and addresses of each events, an outline of the automobile (together with its make, mannequin, 12 months, and Car Identification Quantity), the sale value, and the date of the transaction. As an illustration, a accomplished doc would present John Doe promoting a 2015 Honda Civic to Jane Smith for $10,000 on October 26, 2023, together with all related automobile identifiers.
This paperwork is crucial for a number of causes. It gives a report of the transaction, defending each the vendor from future legal responsibility associated to the automobile and the customer in establishing possession. It is essential for the customer to register the automobile with the California Division of Motor Automobiles (DMV) and procure new title and registration. Traditionally, such documentation has turn into more and more vital to stop fraud and guarantee correct record-keeping associated to automobile possession and gross sales.