Certificate
of title must be presented for title transfer. No alterations or
erasers will be allowed. If a change has been made (correction,
etc.), an Affidavit of Correction will be required to be filled
out by the seller, no exceptions. All assignments (Bill of Sale's)
must be sequential and in order by assignment by owners/dealers.
A dealers invoice is required at all times when registering a vehicle
sold by a dealer. Proof of address for the registration and title
is required (see documents required in the Driver's License Section)
on all transfers made on vehicles. Assignments of title must be
in sequential order and all signatures and dates in place on the
Bill of Sale. If new owner has an Albuquerque address (Bernalillo
County) then an emissions test must completed prior to transfer
of title. Current insurance must be presented. It may be faxed to
505-897-0802 before you arrive at Rapid MVD. As of January 2, 2009,
excise tax will be charged on the greater of the amount of sale
or 80% of the NADA book value. If vehicle is a gift, and Affidavit
of Gift must be filled out by the offeror and recipient and notorized.
If both offeror and recipient go to Rapid MVD Services & Title,
a form may be signed by both and notorized for a fee of $4.00. Each
title transfer
is charged a $21.00 service fee.
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