Title jumping is the illegal practice of transferring ownership of a vehicle without properly registering it in the new owner’s name. The penalty for title jumping can vary depending on the state and the severity of the offense.
In most states, title jumping is a criminal offense that can result in fines, penalties, and potentially even imprisonment. The penalties can be more severe if the buyer knew that the vehicle was not properly registered and still went ahead with the purchase.
Additionally, title jumping can have serious consequences for both the buyer and the seller. For buyers, title jumping can result in problems with registering the vehicle and obtaining insurance coverage. For sellers, title jumping can result in liability issues if the buyer gets into an accident or incurs any other legal issues while driving the vehicle.
Therefore, it is always advisable to properly register the vehicle in the new owner’s name as soon as possible to avoid any legal issues or penalties.
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