Free Good Faith Statement Under Section 341.64 Wis. Stats. - Wisconsin


File Size: 14.6 kB
Pages: 1
Date: September 12, 2006
File Format: PDF
State: Wisconsin
Category: Government
Author: WisDOT
Word Count: 241 Words, 1,423 Characters
Page Size: Letter (8 1/2" x 11")
URL

http://www.dot.wisconsin.gov/drivers/forms/mv2541.pdf

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GOOD FAITH STATEMENT
Under Section 341.64 Wis. Stats.
MV2541 6/2006

Wisconsin Department of Transportation

You have purchased a vehicle whose registration is currently suspended * as a result of an unpaid citation. The law states that no owner may sell a vehicle while registration is suspended * unless it is done in good faith and not to defeat the purpose of the suspension. A good faith transfer is one in which the seller would not have possession, use of, or receive any benefit from the operation of the vehicle after the transfer of ownership. If this transfer is in good faith, you must complete the following before we can transfer ownership.
Purchaser Name Address Vehicle Make Identification Number Former Owner Name Address (Date) Year Purchase Date

I/We certify that I/we purchased the identified vehicle on the date specified. It is further certified that the former owner will not have possession, use of, or receive any benefit from the operation of the vehicle after the transfer of ownership. I/we understand that any person who makes a false statement in an application for a certificate of title may be fined up to $10,000 or imprisoned up to six years or both.

* NOTE: The Good Faith Statement does NOT apply to a leased vehicle when the registration is suspended and the lessee is purchasing the vehicle from the leasing company.

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(Signature of Purchaser(s)/New Owner(s))

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