Answer:
True
Explanation:
After you have sold or have made the transfer of ownership of a motor vehicle to another person, you are required to fill a notice of transfer and release of liability. You do this as a notification to let DMV be aware of a change of ownership of this vehicle. And it also serves to protect the previous owner from liabilities such as parking violations or traffic violations. This notification should be done within 5 Days of the transfer of ownership.
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