Document background
The Vehicle Transfer Agreement Form serves as a crucial legal instrument in the United States for documenting the sale and transfer of motor vehicles. This document is essential when transferring vehicle ownership between private parties, dealerships, or business entities. It includes critical information such as vehicle identification, purchase price, warranties, and representations about the vehicle's condition. The agreement ensures compliance with federal regulations like the Truth in Mileage Act and state-specific DMV requirements. It protects both parties' interests by clearly documenting the terms of the transfer and helps prevent future disputes regarding the transaction.
