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The transfer of used car ownership
17th September 2009
The used car market is a rapidly growing market in India. Significant transactions take place directly between buyer and seller. Consumers must be clear understanding of the necessary documents and the registration process. Transfer of ownership of a used car is the process of making motor vehicle in official documents for review. It is the official document to prove your ownership of the vehicle and is legally binding. The buyer must include all documents and papers to register before checking the final payment.
The following documents are necessary to transfer ownership of cars.
Certificate of registration authority:
You can visit the Regional Office of Transportation for its authenticity. Check the status of registration mentioned in the book.State of registration should match the state where you plan to use the car. If the state of registration is different, you should check that the seller on the transfer of registration from one state to another. Transfer of property from one state to another eliminates the tedious process of money. It is desirable that accepts a used vehicle in the same country, if you buy use plan.