4 Tings You Need To Know About Taking Care Of Your Vehicles Title In Idaho
If you own a vehicle in Idaho, here are four things that you need to know about how your vehicle title works.
#1 You Have To Report Changes Of Address
If you move to a new address, you need to report your new address to the Department of Motor Vehicles, or DMV, within the first month of your move. The DMV keeps a list of who every vehicle in your state is registered to and where that person lives. If you fail to change your address, you are going to miss out on getting reminders to renew your title and registration when the time rolls around and you may miss out on the ability to mail in your title and register for renewal without going down to the DMV offices.
#2 You Have To Have A Title To Sell Your Vehicle
If you want to sell your vehicle, you have to have possession of the vehicle title. When you sell your vehicle, you are going to need to sign over the title to the new owners. If you don't sign over the title to the new owners, you are technically still the owner of the vehicle and will be responsible for any tickets, damage, or accidents that the new owners get into.
#3 You Have To Inform The State When You Sell A Vehicle
If you sell your vehicle, not only do you have to call your insurance company and have them remove the vehicle from your insurance, you also need to notify the state. When you notify the state, you will be required to fill out a release of liability. This will protect you from the actions that the new owners take with the vehicle.
For example, if they are involved in a hit and run incident and you never file a release of liability, you could be held legally and financially responsible for what happened as well.
#4 Be Careful With Duplicates
If you lose your vehicle's title for any reason, and request a duplicate through the DMV, your lost title becomes invalid. This is important because if you later find your original title, you can't start using that instead. The original title is now invalid and duplicate title is now the only valid title for your vehicle.
Make sure that you keep your vehicle's title in your vehicle or on your person. Make sure that you always sign over the title and a release of liability when you sell a game and keep track of your original copy.
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