vehicle title | Blue Maven Law

by: Brian RogersFebruary 17, 2014February 17, 2014 Asset Sales

In How to Title a Vehicle in Missouri, I provide step-by-step instructions on how to transfer title to a vehicle, obtain a new title, and register the vehicle. In today’s post, I discuss recording a lien on a vehicle.

When you purchase a business via an asset sale, you have to transfer the assets you’re purchasing out of the seller’s company and into your company. Most assets can be transferred by having the seller sign a general bill of sale. But some assets, such as cars and trucks used in the business, have special rules.

by: Brian RogersFebruary 10, 2014May 3, 2014 Asset Sales

When you purchase a business via an asset sale, you must transfer the assets from the seller’s company to your new company. Many of the business’s assets can be transferred using a general bill of sale. Other assets, such as automobiles, must be transferred separately.

In Missouri, vehicles must be titled within 30 days after the date of purchase. There’s a penalty of $25 for every 30 days — up to a maximum penalty of $200 — for failure to title a vehicle on time.

To title a vehicle in Missouri, you must submit the following documents at your local license office: Continue Reading

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