Saturday, January 29, 2022

Vehicle Registration Transfer

Even though the process of selling vehicles has become significantly simpler over years - with online websites setting up platforms for buyers and sellers to meet, there are a few formalities that remain to be fulfilled.One of the most significant among these is the change of the name of owner on vehicle registration certificate. When you transfer the ownership of your vehicle to another person, it is obvious that the name on its registration certificate won’t remain yours.

So, what do you do about it? Read on to find out!

Vehicle Registration Transfer – What Does it Mean

At the point when you sell your vehicle or some other vehicle enrolled under your name, the law orders you to move the responsibility for vehicle to the purchaser's name. This cycle, usually known as RC move is pivotal since it ensures that the vehicle, close by the entirety of its legitimate liabilities, are moved to its new proprietor.

There is a set system that should be followed for vehicle enrollment move starting with one individual then onto the next.

Notwithstanding, hang on!

There are various conditions under which this vehicle RC move may occur. These can be represented in the table beneath:

Transfer if the vehicle is purchased by someone else
Here, the name of the new buyer is added to RC as the vehicle’s owner, instead of its previous owner.

Transfer in case of death of the registered owner

● The legal heir has to inform the registering authority about his/her intention about the vehicle within 30 days of owner’s demise. ● The legal heir can utilise this vehicle for a maximum period of 3 months without getting it registered to their name.

Transfer of the vehicle in an auction
During an auction, the name of previous owner is replaced by new owner in registration certificate.

Types of Vehicle Registration Transfer

Further, Vehicle Registration Transfer can be of two types:
  • Transfer of Vehicle Registration within the state.
  • Transfer of Vehicle Registration from one state to another.

Transfer of Vehicle Registration within the State Process


Post a Comment

If you have any doubts. Please let me know