Vehicle title

In the United States, Canada, and Australia, the certificate of title for a vehicle (also known as a car title or pink slip; or pinks in the plural) 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 state DMV. While not standardized from state to state, or province to province the certificate of title normally specifies: Identifying information about the vehicle, normally at minimum its vehicle identification number, make, and year of manufacture. The license plate number. Technical information about the vehicle to define its taxation regime, e.g., its gross vehicle weight, motive power, and purchase price when new. The name and address of the purchaser or "registered owner" who would normally possess and use it. If money is owed on the vehicle, the name of the lienholder or "legal owner" to whom this money is owed. When a vehicle is financed, the certificate of title is normally held by the le... (see more)