1. Determine the Co-Borrower's Willingness:
- Discuss the matter with the co-borrower and ensure that they agree to have their name removed from the title.
2. Gather Required Documents:
- Vehicle Title: You will need the original title or a certified copy.
- Payoff Information: If the vehicle is financed, you will need the payoff amount and information from the lender.
- Application for Title Transfer: This form may be obtained from your local Department of Motor Vehicles (DMV).
- Proof of Co-Borrower's Identity (e.g., driver's license, passport).
- Proof of Your Identity (e.g., driver's license, passport).
- Vehicle Registration.
- Bill of Sale (in some states).
3. Complete and Sign Documents:
- Fill out the Application for Title Transfer form as instructed.
- Obtain signatures from both you and the co-borrower on the title transfer form.
4. Submit Documents:
- Take all the required documents to your local DMV or the appropriate government agency.
- Pay any associated fees.
5. Finalize the Process:
- Once the title transfer is processed, you will receive a new title in your name only.
Locating a Co-Borrower:
If you don't know the co-borrower's current whereabouts or they are unwilling to cooperate, you may need to take additional steps:
- Contact the Lender: If the vehicle is financed, reach out to the lender and explain the situation. They might be able to provide information or suggest a course of action.
- Check Public Records: You can search public records, such as property records or voter registration, to try and locate the co-borrower's current address.
- File a Title Action: In some states, you may be able to file a title action with the DMV to remove the co-borrower's name. This might involve providing additional documentation and evidence.
- Seek Legal Advice: If the situation is complex or unsuccessful in your efforts to remove the co-borrower, consider consulting with an attorney who specializes in vehicle title matters.
It's important to note that laws regarding title transfers and removing co-borrowers may vary state by state. Check your local DMV website or contact them directly for specific information and requirements in your area.
