What county is Racine in, and which office handles title transfers?
Racine is in Racine County. Title transfers are handled by the WI DMV – Racine Service Center at 3730 30th Ave, Racine, WI 53405. Hours: Mon–Fri 8:00 AM–4:45 PM. Phone: (608) 264-7447.
What is the sales tax rate on a yacht sale in Racine?
The combined rate is 5.50%. Wisconsin state 5% + Racine County 0.5%.
Is notarization required for a yacht bill of sale in Racine?
No. Wisconsin does not require notarization.
What fees should I expect when transferring a yacht title in Racine?
Title transfer fee: $164.50. Base registration fee: $85.00. Sales tax at 5.50% is collected at the time of title transfer.
How long do I have to transfer a yacht title in Racine?
Wisconsin requires the buyer to transfer the title within 30 days of the sale date. Late transfers may incur penalty fees at the DMV. Bring your signed bill of sale and the assigned title to the WI DMV – Racine Service Center.
Can I sell a yacht without a title in Racine?
In most cases, no. Wisconsin requires a clean title to complete a private vehicle sale. If the title is lost, the seller must apply for a duplicate title before selling. The bill of sale alone does not transfer legal ownership.
What documents do I need to buy a yacht in Racine?
You will need: (1) the signed title from the seller, (2) a completed bill of sale, (3) a valid government ID, and (4) payment for the title transfer fee ($164.50) and sales tax (5.50%). Bring all documents to the WI DMV – Racine Service Center.
Is a bill of sale legally binding in Racine?
Yes. A properly signed bill of sale is a legally binding document that protects both the buyer and seller. It records the agreed-upon sale price, date, and vehicle details. Sellers should keep a copy to prove they are no longer liable for the vehicle after the sale date.