After accomplishing a bill of sale for a livestock trailer in the U.S., the next step involves the transfer of trailer ownership to the buyer. This process varies across different states, guided by the rules of their respective Department of Motor Vehicles (DMV).
For example, in the state of Texas, according to the Texas Department of Motor Vehicle regulations, you will need to provide a signed title and completed Application for Texas Title and/or Registration (Form 130-U) to the new owner, who will then submit the paperwork to the county tax office.
In California, on the other hand, the California DMV requires sellers to report the transfer of vehicle ownership within five days from the date of sale. It further stipulates that a vehicle/vessel transfer and reassignment form (REG 262) and a vehicle transfer form (REG 138) must be filled out to effectively transfer the ownership to the buyer.
Then we have states like Florida, where the Florida Highway Safety and Motor Vehicles (FLHSMV) department necessitates notarization of the transfer document, depending on the year of the trailer. This makes for a more concrete and legally binding transfer of ownership.
Remember, it is crucial to check the specific regulations of your state’s DMV to ensure lawful compliance during the transfer of ownership for a livestock trailer.