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Reply to "Title Transfer: Inherited Vehicle"
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[quote=Anonymous][quote=Anonymous]Carefully check the rules in Georgia re: tax on gifted out of state vehicles before you retitle. I seem to recall that when I moved to MD and my parents were giving me their old car (PA), the cleanest way was actually for me to purchase from them in PA for a nominal sum and bring the assigned title and bill of sale to MD. The bill of sale established the value. Also, Maryland and PA had different sales forms and MD DMV loved playing gotcha about the differences. MD wanted the buyer's signature notarized. PA forms didn't require that. I heard in advance and signed on the PA form even though there wasn't a spot for it. Note: it's allowed to sell vehicles to anybody for below market value.[/quote] Super helpful-- thank you![/quote]
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