You put yourself at risk if you transfer any kind of asset without a contract or in accordance with the regulations. Signing or making a formal statement in front of a notary public protects you whether you’re purchasing or selling a car, motorbike, or another vehicle.

Let’s pretend you’ve spent $6,000 on the car of your dreams and are now driving away in it with a smile on your face. But as soon as you get behind the wheel, the police will flag you down and claim that you’re driving a stolen vehicle. 

You are now stranded since the person you purchased the automobile from is ignoring your calls. A notarized sales contract provides that level of assurance. A notary will retain a record of the transaction and will ask both parties for identification. This is done to prevent a third party from “second-guessing”.