Tractors are an essential part of agriculture in Missouri, making farm work easier and more efficient. However, when it comes to buying or selling a tractor, one may wonder whether a tractor has titles in Missouri. This article aims to answer that question by delving into the state's laws and guidelines regarding tractor titles.
What is a Title?
Before we discuss tractor titles in Missouri, let us first define what a title is. A title is a legal document that proves ownership of a vehicle or any other movable property. It also provides information about the vehicle, such as its make, model, year, and identification number.
What the Law Says
In Missouri, tractors are not required to have titles, as they are not classified as motor vehicles. According to the Missouri Department of Revenue, \"A self-propelled vehicle that is designed or used primarily for the transportation of persons or property on a public highway is a motor vehicle.\" Since tractors are not meant for transportation on public highways, they are not considered motor vehicles, and therefore not required to have titles.
Bill of Sale
While tractors do not have titles in Missouri, a bill of sale may still be required to establish ownership. A bill of sale is a legal document that records the sale or transfer of ownership of an item, such as a tractor. It includes the names of the buyer and seller, the date of the sale, the purchase price, and a description of the item being sold.
The Importance of a Bill of Sale
Even though a bill of sale is not required by law in Missouri, having one can provide proof of ownership and protect against potential disputes. It is also useful when applying for financing or insurance for the tractor. Therefore, it is recommended to have a bill of sale when buying or selling a tractor.
Conclusion
In conclusion, tractors do not have titles in Missouri, as they are not classified as motor vehicles. However, a bill of sale may still be necessary to establish ownership and protect against disputes. It is always advisable to consult with legal experts when buying or selling any type of property, including tractors.