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Transfer formalities on selling a vehicle

Hi!

I want to sell my car and need to know what are the papers required to be given to the buyer and papers to be retained by the seller.

Secondly, How can we save ourself from any problems if buyer doesn't transfer the vehicle on his name.

Amit kathuria

 

Asked by Virat Katyal (New Delhi) 524 day(s) ago
Answers
1
You need the registration book or card in some states and valid insurance. You need to get a transfer set which include all the forms required by the RTO for transfer of the car - it will also include a delivery note which will be filled and signed by the buyer. To be on the safe side and to protect you legally, get the car transfered or intimate the concerned RTO about the sale before giving delivery of the car.
Answered by Pankaj Prasad (Bhavnagar) 405 day(s) ago