If you sign your title of the car over to the buyer, are you in anyway responsible for the car even if the buyer doesn't file the transfer of ownership?

If you sign your title of the car over to the buyer, are you in anyway responsible for the car even if the buyer doesn't file the transfer of ownership?
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1 Answer

Answer :

answer:Actually, nothing is official, until you and the new owner receive the formal title transfer from your state. Are you liable if this person never transfers the title over? Off-hand, I would not think so, BUT, some Philadelphia lawyer made trace this back to you, IF the vehicle is involved in an auto accident or a serious accident involving death. I would contact the buyer and ask him what the holdup is on the title transfer, just to be safe.
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