True" music. In this video, you will learn about licensed dealer reassignments and the supplemental use of the Certificate of Title Extension Form. First, let's take a moment to review some of the background information leading up to the use of the Certificate of Title Extension Form. In the Tennessee Title Overview video, we discussed that the Tennessee Certificate of Title is a legal document that proves ownership of a vehicle. The title is used to transfer ownership from one person to another. Each time the ownership of a vehicle changes, a new certificate of title must be issued unless the buyer is a licensed dealer. If the purchase is between two private individuals, only the assignment of the title by registered owners should be completed. A new Tennessee Certificate of Title would be issued if the owner on the front of the title sold to a licensed dealer. The dealer must use the first reassignment by licensed dealer to sell the vehicle. This is considered a sale for resale, and only licensed dealers may use this section. If the dealer sells to an individual, that individual will be the person on the application for the title and registration, and a new certificate of title must be issued. No more reassignments would be used. On the other hand, if the dealer sells to another dealer, the process will continue using the reassignments on the back of the title in successive order. Older titles may have three reassignments by licensed dealers, while newer titles have two reassignments by licensed dealers. When all the reassignments are full and more are needed, continue by using the Certificate of Title Extension Form. The Certificate of Title Extension Form is a supplemental document to a certificate of title for the state of Tennessee and any other state. It can...
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Video instructions and help with filling out and completing Dd 1750
