Legal Issues: In most jurisdictions, a valid title is required to transfer ownership of a vehicle. Without the original title, it can be difficult to prove ownership and complete the sale legally. This can lead to legal complications for both the buyer and the seller.
DMV Requirements: Many states require the seller to present the original title when transferring ownership of a vehicle. Without the title, the Department of Motor Vehicles (DMV) may not be able to process the sale, which can delay or prevent the transfer of ownership.
Fraud Protection: Having possession of the original title helps protect both the buyer and the seller from potential fraud. It ensures that the seller is the rightful owner of the vehicle and that there are no liens or other claims on the title. Without the original title, it can be easier for fraudulent activities to occur.
Financing Issues: If the car is financed, the financial institution likely holds the original title until the loan is paid off. In such cases, you may need their consent and involvement to transfer ownership or sell the car before receiving the duplicate title.
It is best to wait until you have received the duplicate title before attempting to sell the car. This will help ensure a smooth and legal transaction for both parties involved.