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A bill of sale is a document that transfers ownership of goods from one person to another. It is used in situations where the former owner transfers possession of the goods to a new owner. Bills of sale may be used in a wide variety of transactions: to sell goods, exchange, give, or mortgage objects. They can be used only to transfer ownership ...
Vehicle title. In the United States, the certificate of title for a vehicle (also known as a car title, automobile title, or pink slip) is a legal form, establishing a person or business as the legal owner of a vehicle. Vehicle titles in the U.S. are commonly issued by the Secretary of State in the state the vehicle was purchased by the ...
Vehicle registration certificate. A vehicle registration certificate is an official document providing proof of registration of a vehicle. It is used primarily by governments as a means of ensuring that all road vehicles are on the national vehicle register, but is also used as a form of law enforcement and to facilitate change of ownership ...
Some Alabama municipalities issued their own license plates for horse-drawn vehicles as well as automobiles prior to 1911. The earliest known plate is a bronze plate, "No. 1", issued by the city of Bessemer on a two-horse wagon in 1901, while the earliest known plate for an automobile is a 1906 dash plate [1] issued by the city of Birmingham, originally assigned to a 1904 6-cylinder Ford. [1]
In the United States, the Manufacturer’s Certificate of Origin (MCO), also known as Manufacturer's Statement of Origin (MSO) is the ownership document issued by the vehicle manufacturer that assigns ownership of a new vehicle to a franchise car dealership until said vehicle is registered and titled. [14] This document is similar to the title ...
New car prices fell 0.2% in July and 1.4% from the prior year. Compared to their peak in February 2022, prices paid for used vehicles are now down 19.4%. Used car prices rose more than 40% ...
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