The donation of a car implies an agreement between the donor and the donee by concluding an agreement between them. The procedure for executing this agreement depends on the cost of the vehicle.
Instructions
Step 1
You can give a gift orally. The transfer of the gift is carried out through delivery, symbolic transfer (return of keys, documents, etc.) or through the transfer of title documents. The contract must be concluded if at least one of the parties is a legal entity, and the transaction amount exceeds 10 times the minimum wage.
Step 2
When completing the oral donation transaction, make sure that during the process itself there are any witnesses or other possible evidence (video recording, etc.). This will help keep you from being scammed.
Step 3
If possible, then draw up a contract in writing, which will avoid complications in the future. For example, when registering a donated car.
Step 4
In the contract, indicate the main characteristics of the car (body number, model, engine power, vehicle type, etc.). Indicate the name of the document on the basis of which the car belongs to the donor. This can be a certificate of registration of a motor vehicle, a certificate of account, a certificate of the right to inheritance. Discuss in advance the question of who will bear all the costs associated with registration. If possible, it is desirable to indicate the value of the gift. The contract is signed by both parties.
Step 5
When registering, no notarization is required, the entire document is drawn up in simple writing. Car donation agreements are not subject to state registration, which is provided only for immovable property.
Step 6
The car received as a gift must be registered with the traffic police at the place of residence of the owner. Please note that the contract can be terminated with the full consent of the parties. If the main document has been notarized, then the termination agreement also requires certification by a notary.
