Table of Contents
Introduction
Transfer bike ownership- The process of transferring bike ownership involves a series of steps and documentation. The specific requirements can vary depending on the country and sometimes even within regions of a country. Whether you are buying or selling a bike, it is essential to complete this procedure correctly to avoid future complications.
Transfer Bike Ownership
Below is a general guide on how to transfer bike ownership:
Step -1
Submit Required Documents:
Before initiating the bike ownership transfer, both the buyer and the seller need to gather the necessary documents
- Original RC (Registration Certificate) Book: The seller must provide the original RC book of the bike.
- Insurance Certificate: The bike’s insurance policy needs to be transferred to the new owner.
- Pollution Under Control (PUC) Certificate: A valid PUC certificate is mandatory for the transfer process.
- No Objection Certificate (NOC) from Financier (if applicable): If the bike was purchased on a loan, the seller should obtain an NOC from the financing bank or institution.
- Address Proof: Both the buyer and the seller should provide their address proofs, such as Aadhar card, passport, or utility bills.
Also, Read SECTION 130 OF THE MOTOR VEHICLE ACT,1988
Step -2
Sale Agreement:
Draft and sign a sale agreement between the buyer and seller. This agreement should include details such as the sale amount, bike details, and terms of the sale.
Step -3
Transfer Form:
Obtain the prescribed ownership transfer form from the local transport authority. This form is usually available online or at the local transport office.
Step- 4
Visit the Regional Transport Office (RTO):
The buyer and seller must visit the nearest Regional Transport Office (RTO) to initiate the transfer process. It is recommended to fix an appointment to avoid long waiting times.
Step -5
Application Submission:
At the RTO, the buyer needs to apply for ownership transfer along with the required documents. The seller must provide a duly filled Form 29 (Notice of Transfer of Ownership) and Form 30 (Report of Transfer of Ownership) to the RTO.
Step -6
Verification by Local Transport Office:
The RTO authorities will conduct a physical inspection of the bike to ensure its condition matches the details mentioned in the documents.
Step -7
Payment of Transfer Fees:
The buyer needs to pay the necessary fees and taxes for the transfer process. The amount may vary depending on the state and the bike’s age.
Step -8
Issuance of New RC:
Once the verification is complete, a new registration certificate (RC) will be issued in the name of the new owner.
Step -9
Remove Seller’s Details:
The seller’s details will be removed from the records, and the bike will be officially registered in the buyer’s name.
Step -10
Collect New RC:
The buyer can collect the new RC from the local transport office. This document serves as proof of ownership.
Also, Read WHAT IS SECTION 177 OF THE MOTOR VEHICLE ACT,1988
Additional Tips
- It’s advisable to complete the ownership transfer promptly to avoid any legal complications or liabilities.
- Ensure that all outstanding dues, such as road tax or pending fines, are cleared before transferring ownership.
- Some regions may have online facilities for certain aspects of the transfer process, such as appointment scheduling or document submission.
Also, Read HIT AND RUN NEW LAW
FAQs on Transfer Vehicle Ownership in Delhi
What documentation is needed in Delhi to transfer a vehicle?
The original registration certificate of the vehicle, a valid auto insurance certificate, any two attested copies of an address proof (such as a passport, a voter identification card, a ration card, utility bills, etc.), a valid Pollution Under Control (PUC) certificate, duly filled-out Forms 29 and 30, and a crime report from the N.C.R.B. are required documents for RC transfers in Delhi.
What is the RC Transfer procedure?
The RC transfer procedure essentially involves the transfer of ownership of a vehicle from the original owner to the new buyer. If you sell your car to someone, you must transfer ownership to ensure that the new owner is responsible for all associated legal obligations
What happens if the registered owner of the vehicle dies?
Vehicle ownership may be transferred in the name of a legal heir in the event of the death of the registered owner.