Section 136.02. Transfer of vehicles.

 

(1)   Certificates of title or bills of sale. Whenever a vehicle is first sold for salvage purposes to a licensed salvage dealer, such dealer shall mail the certificate of title, or bill of sale if used, to the department within 30 days. Such dealer shall clearly indicate on the title or bill of sale the words "JUNKED BY" and the name of the salvage dealer. Subsequent sales of salvage vehicles between licensed salvage dealers shall be by bill of sale only and a copy shall be retained by the selling and purchasing dealer.

(2)   Bills of sale.

(a) If a salvage dealer purchases a vehicle for salvage purposes and the seller is unable to furnish proper certificate of title, the salvage dealer shall, as a condition of purchase, require the seller to complete and furnish a bill of sale on such form as prescribed in par. (c) .

(b) If a salvage dealer purchases a vehicle for salvage purposes and subsequently resells the entire vehicle, the salvage dealer shall furnish a bill of sale on such form as prescribed in par. (c) .

(c) Bills of sale shall contain all information as prescribed on a form provided by the department, a sample copy of which is provided below:

I, the owner           whose address is           do hereby sell to           one 19   (make)   (Ident #)     for the sum of     (sales price is optional).
I, the owner, hereby affirm that there are no outstanding liens against the above described vehicle, that I have the legal right to sell such vehicle, and that the certificate of title has been either (check one):

  ⍽ Lost or destroyed, OR
  ⍽ Marked "JUNKED" and surrendered to the Department of         Transportation.
    Owner's identity verified by either:
    Driver's license #      
    Credit card # with company.
Owner (seller) Signature
date
Purchaser Signature
date

1-2-56 ; am. (1) Register, August, 1957, No. 20 , eff. 9-1-57; am. (1) Register, September, 1963, No. 93 , eff. 10-1-63; am. (1) and (2), Register, February, 1969, No. 158 , eff. 3-1-69; renum. from MVD 9.02 and am. (1), r. and recr. (2), Register, April, 1981, No. 304 , eff. 5-1-81.