I sold a vehicle. When does my liability for the vehicle end? At the time of sale or when the DMV confirms the sale?
Answer
Missouri is a strict title state, meaning it is transfer of the title to the vehicle which governs ownership. Ownership of a vehicle passes when a properly executed certificate of title is given to the vehicle purchaser. There are obviously other obligations you have when you sell, however. The Missouri Dept. of Revenue has a helpful website containing the pertinent info and required forms. http://dor.mo.gov/motorv/selling.php#legal
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