How to make a car deed of gift: step-by-step instruction

Transfer of ownership of the car is one of the most popular transactions made to date. Of course, you can simply present your vehicle with a few words, but this option cannot be considered reliable. It is much more efficient to draw up a formal contract. A donation to the car greatly facilitates the process, and the new owner can be sure that he will not have problems with law enforcement agencies.

Features of the paper

Some motorists want to trick the paperwork. Trying to avoid paying taxes, they write out a deed of gift to the new owner. However, you should be aware that, according to the law, only those transactions that are concluded in favor of relatives (spouses, parents, brothers or sisters) will not be subject to taxation. In all other cases, the tax charge is 13% of the amount of the transaction.

From the above, it can be concluded that only a framed gift for a relative’s car, but not unauthorized persons, will be appropriate. In other cases, it will be more profitable to sign a contract of sale.

Terms of registration

Before proceeding with paperwork, you need to know several important conditions.

1. Most importantly, the vehicle must be officially registered with the donor. In stock you must have a package of documents confirming ownership. In the event that the car is property jointly acquired by the spouses during the marriage, then at the conclusion of the contract, both parties must sign the consent to issue a gift certificate.
2. Making a gift for a car during a divorce is a completely different case. The conclusion of the transaction implies that the vehicle will no longer be considered jointly acquired property. All property rights will be transferred to the spouse to whom the contract will be drawn up.
3. If the car is under arrest or pledged against a loan from a bank, then it cannot be transferred by gift to another person.
4. Very often today there is a situation when parents give a gift car to their child as a wedding gift. In this case, if the marriage breaks down, the vehicle will rightfully be considered the property of only the person for whom the contract was originally drawn up.

Before you make a gift for a car, you will need to contact the law enforcement authorities to remove it from the register. After that, the donor must fill out a special form, which is then certified by the notary office in the presence of the new owner. Gifted upon completion of paperwork will have to independently re-register the car in law enforcement.

In order to avoid fraud, it is advisable to have witnesses present during the transaction. This is necessary so that later there is a person who confirms that all the papers were signed in accordance with the law. If you don’t have a witness, you can shoot a video, which can then be taken into account as evidence.

Required documents

A deed of gift for a car must be drawn up and registered in accordance with the law. The procedure itself does not take much time if you have with you the whole list of necessary documents.

Here's what you need to make a donation:

• Certificate of registration of your vehicle;
• formalized insurance, in which immediately the data of the new owner is immediately entered;
• a filled donation agreement certified by a notary office;
• receipts confirming that you paid in full all the required fees;
• passports of the internal sample of the donor and the new owner.

What to look for when concluding a contract?

If you are interested in a properly executed gift certificate for a car, a sample of it is presented below.

Pay attention:

• carefully enter the data of the donor and the new owner, just one mistake, a missing letter - and the contract will not be valid;
• when filling out a document, it is necessary to indicate whether any objects other than a vehicle are transferred by gift;
• the contract must be completed in duplicate so that each participant in the transaction has its own copy;
• it is necessary to carefully recheck all the filled in information that relates to the object of gift (in this case, the car);
• the correctness of the entered passport data of both parties also plays an important role - this will save from further costs.

Gift waiver

A deed of gift for a car is issued only if the consent of both parties has been obtained. Before the document has been signed, you can simply refuse verbally.

But in the event that all the documents have already been executed, the new owner must write a refusal without fail. After that, the paper is referred to the notary office, where a mark is made in a special register.

A car deed of donation usually does not cause problems. However, today you can meet with a variety of everyday situations. It is for this reason that it is strongly recommended that you go through the entire process of document processing. Then the donor and the new owner will be able to be completely calm.

To summarize

To summarize, consider a brief step-by-step instruction on the execution of the contract:

• preparation of the necessary package of documents for concluding a transaction;
• filling out the form of transferring the car to another owner;
• a visit to the notary office in order to officially certify the document;
• signing of the contract by both parties;
• the car passes on a gift to the new owner.

Do not forget that in order to avoid fraud it is strongly recommended to protect yourself. It is best that witnesses be present when the transaction is completed and the entire process is filmed.