Horizons Unlimited - The HUBB

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-   -   Colorado title transfer. (https://www.horizonsunlimited.com/hubb/trip-paperwork/colorado-title-transfer-63754)

mudandsmoke 16 Apr 2012 18:54

Colorado title transfer.
 
Fellow travellers......I have bike with a Colorado title legally registered to me, although I am not a native American. It is all bought and paid for so I am free to sell. I am travelling South America at the moment and hope to sell the bike to another traveller. On the reverse side of the Title the first line reads like this:

Transfer of ownership/seller(s) requirement-when the owner of a motor vehicle transfers or assigns the certificate of title to a buyer, the registration of such vehicle shall expire and the seller will remove the licence plates pursuant to C.R.S 42-3-115.

The question is: Is it the new owners responsibility to register the bike, and once we have both signed the transfer part of the title does this legally delete me as the registered owner.

For clarity, I sell the bike to a new owner. We both sign the title, but he fails to register the bike in his name. The new owner has a bad day, consumes 15 pints of lager, rides the bike into a restaurant and performs a 'doughnut'that goes horribly out of control, killing many diners !! Unlikely I know. Will there be any repercussions involving me, the seller.

Your Knowledge would be appreciated. Andy.

okcrich 7 May 2012 03:47

New owner's responsibility to register
 
You are correct. In Colorado it is the new owner's responsibility to register the newly purchased motorcycle. You also need to remove your license plate. The new owner has three days to get a temporary registration permit (and can lawfully drive without any plate - with the dated bill of sale and your title).

Obviously, for the reason you mentioned you will probably want to make a copy of the title after you sign it over to him.

Home page for Colorado Dept of Revenue DMV Department of Revenue - Division of Motor Vehicles:My Vehicle

More info on registration in Colorado: Department of Revenue - Division of Motor Vehicles:Registration Requirements


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