Title to a car is the official record and proof of ownership of the car. Transferring the title to a car is necessary when a seller sells the car to a buyer—or when divorcing spouses are transferring the title from both spouses to one spouse. Your state’s department of motor vehicles will usually make the forms necessary to transfer the title/change vehicle ownership available on its website—with some additional information to guide you through the process.
In New Mexico, the title of a car is a legal document that establishes a person or entity as the legal owner of the vehicle. When a car is sold, the title must be transferred from the seller to the buyer to reflect the change in ownership. This process is typically handled through the New Mexico Motor Vehicle Division (MVD). The necessary forms for transferring a title can be found on the MVD's website, along with instructions for completing the transfer. This includes filling out the appropriate sections on the back of the title, such as the odometer reading, sale price, and buyer and seller information. Both parties must sign the title for the transfer to be valid. In the case of a divorce, the title can be transferred from joint ownership to a single spouse, which may require additional documentation such as a divorce decree. It's important to complete the transfer promptly to avoid potential legal issues and to ensure that the new owner can legally register and operate the vehicle.