Which of the following is NOT required for transferring ownership of a vehicle?

Transferring ownership of a vehicle typically involves several important steps and documentation to ensure the process is legal and recognized by the relevant state authorities. Among these requirements, the signature of the previous owner is mandatory as it signifies their consent to the transfer. The completion of the "Lien Release" section is also crucial if there is a lien on the vehicle, as it proves that any outstanding claims by creditors are resolved, allowing for the transfer of clear title to the new owner. Additionally, payment of a transfer fee is standard practice, as many jurisdictions impose fees that facilitate the processing of the ownership transfer.

In contrast, a vehicle inspection report, while often necessary for registration or ensuring safety and compliance with regulations, is not a requirement specifically tied to the transfer of ownership itself. Thus, it is possible to transfer ownership without necessitating a vehicle inspection report, making this option the correct answer in the context of the question. Understanding these distinctions helps clarify what is essential for ownership transfer and what may be required for other aspects of vehicle ownership, such as registration or roadworthiness verification.