Modifies Michigan vehicle title transfer and registration procedures.
The bill amends Michigan's vehicle title transfer and registration procedures. It mandates that vehicle owners deliver the certificate of title to the purchaser or transferee at the time of vehicle delivery. It also requires a $15 transfer fee for vehicle title transfers, except for electronically issued titles. The bill specifies that the effective date of title transfer is the date of signature on the application or assignment of the certificate of title by the purchaser or transferee.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.