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The Water Cooler
General Discussion
Giving away a car, and questions about Oklahoma tags
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<blockquote data-quote="-Pjackso" data-source="post: 1921580" data-attributes="member: 8119"><p>Ok,</p><p>I want this to be a clear-cut transaction, with no questions in the future.</p><p></p><p>So the wife signs the title (notorized) and the friend puts their name on the title with the current date.</p><p>Can they then transfer the title over to their name (without tags)?</p><p>That way, we're out of the deal. Whenever they get the car running - tomorrow or next year - it's all their issue.</p><p></p><p>Is this correct?</p><p></p><p></p><p>Another option I'm playing with...</p><p>I transfer the title to a family member in Arkansas, title it in Arkansas, then have the family member sign the Arkansas title to the friend in Oklahoma.</p><p>The car has already dropped off the OK state tags records, and Arkansas doesn't have the silly 'tag a non-driving car' issue.</p><p>That way, the total title bill will be must less. (just 2x title fee - no tag late fees and such). </p><p>And whenever it gets driving - it's registered as a new car on Oklahoma roads.</p><p>Any pitfall with this?</p><p></p><p></p><p>I appreciate the input(s).</p><p>Any other ideas?</p></blockquote><p></p>
[QUOTE="-Pjackso, post: 1921580, member: 8119"] Ok, I want this to be a clear-cut transaction, with no questions in the future. So the wife signs the title (notorized) and the friend puts their name on the title with the current date. Can they then transfer the title over to their name (without tags)? That way, we're out of the deal. Whenever they get the car running - tomorrow or next year - it's all their issue. Is this correct? Another option I'm playing with... I transfer the title to a family member in Arkansas, title it in Arkansas, then have the family member sign the Arkansas title to the friend in Oklahoma. The car has already dropped off the OK state tags records, and Arkansas doesn't have the silly 'tag a non-driving car' issue. That way, the total title bill will be must less. (just 2x title fee - no tag late fees and such). And whenever it gets driving - it's registered as a new car on Oklahoma roads. Any pitfall with this? I appreciate the input(s). Any other ideas? [/QUOTE]
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