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      11-05-2019, 09:57 AM   #15
2020m2c
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Drives: 2020 BMW M2
Join Date: Oct 2019
Location: CNY

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Quote:
Originally Posted by KenB925 View Post
Quote:
Originally Posted by ASAP View Post
I am a tiny bit confused and this may be NY law vs FL...

In FL, when you sell your car, you have to report to the DMV that you sold it...
In CA the seller completes a 'notice of release of liability'
You don't have to do anything.
They are just giving you fair warning that they are going to dispose of the vehicle and keep the proceeds (if there are any).
If they didn't do this people could theoretically show up and demand compensation for the vehicle or make insurance claims on it.
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