Certificate of Title

What is ownership?

• Ownership is the legal right to possess, use, and dispose of something.
• Ownership is the legal right to use something without permission.
• Ownership is the process of renting out items for a fee.
• Ownership is the act of borrowing something temporarily.

What is a lien?

• A lien is a type of car insurance
• A lien is a type of musical instrument
• A lien is a legal right or interest that a creditor has in another's property.
• A lien is a type of fruit

Where should you store your Certificate of Title?

• In the refrigerator
• Buried in the backyard
• In a safe and secure location
• Under the couch cushions

Within how many days of sale is the seller required to submit the "Notice of Transfer" form to the department?

• 5 days

• 10 days

• 15 days

• 30 days

What is the fine for not completing the "Notice of Transfer" form above within the required time frame?

• $50.00

• $75.00

• $100.00

• $150.00

What must also be released to the vehicle to retain a lien on the vehicle, as stated in Section A – Assignment of Title by Seller?

• The original Certificate of Title

• The vehicle's registration

• The vehicle's insurance information

• The vehicle's service records

What does the seller affirm by endorsing the document?

• That the vehicle has passed all safety checks

• That the vehicle is free of any liens

• That the statements set forth are true and correct

• That the vehicle's odometer reading is below a certain threshold

What action will void the Certificate of Title according to the notice before Section A?

• Any alterations or erasures (Changes/edits to the document)

• Failure to transfer within 10 days

• Not paying the required fine

• Not providing the correct odometer reading

According to the IMPORTANT NOTICE, what must you apply for when transferring ownership of a vehicle?

• A) A new driver's license

• B) A vehicle inspection

• C) The recorded certificate of title

• D) A parking permit

What is the penalty for failing to make the proper notification of a vehicle transfer, as stated in the IMPORTANT NOTICE?

• A) A fine up to $100

• B) Vehicle confiscation

• C) Suspension of driving license

• D) A warning notice