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Know the title transfer deadline: After you buy out your lease, you have to transfer the vehicle title to yourself within a certain period. The deadline typically ranges from 10 to 30 days ...
A department of motor vehicles (DMV) is a government agency that administers motor vehicle registration and driver licensing. In countries with federal states such as in North America, these agencies are generally administered by subnational entities governments, while in unitary states such as many of those in Europe, DMVs are organized ...
Technical information about the vehicle to define its taxation regime, e.g., its gross vehicle weight, motive power, and purchase price when new. The name and address of the purchaser or "registered owner" who would normally possess and use it. If money is owed on the vehicle, the name of the lienholder or "legal owner" to whom this money is owed.
In particular, a transfer between spouses or close family members is presumed to be fraudulent unless proved otherwise, as is renunciation of a gift received by a beneficiary under a will. However, a conveyance to a bona fide purchaser for fair value can not be upset where the purchaser is unaware of the fraudulent intent of the conveyor.
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The Virginia Department of Motor Vehicles (Virginia DMV) serves a customer base of approximately 423,000 ID card holders and 6.2 million licensed drivers with over 7.8 million registered vehicles in Virginia. Virginia DMV has more daily face-to-face contact with Virginia's citizens than any other state agency.
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