How To Arrange A Donation Of A Car

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How To Arrange A Donation Of A Car
How To Arrange A Donation Of A Car

Video: How To Arrange A Donation Of A Car

Video: How To Arrange A Donation Of A Car
Video: DONATE A CAR TO CHARITY: THE DO'S AND DON'TS | CarBrain.com 2024, December
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Under a donation agreement, you can register not only real estate, jewelry and antiques, but also a vehicle. Such a contract is often drawn up between relatives and spouses. Since all property transferred under a donation agreement, for example, during the division of property in the event of a divorce, remains with the gifted and does not participate in the division of the inheritance.

How to arrange a donation of a car
How to arrange a donation of a car

It is necessary

  • - donation agreement;
  • - basic data on the car donated;
  • - donor's passport;
  • - passport of the gifted person.

Instructions

Step 1

Draw up a donation agreement in writing, certification by a notary is not provided for by law. If you wish, you can do this through a notary office by submitting documents of title to the car and a certificate of the value of the vehicle.

Step 2

If you certify a donation agreement for a car at a notary, you will need to pay a state fee in the amount of 0.5% of its value, if you donate a car to children, spouse, siblings, parent; 1.5% - when donating to any other person. In this case, the cost of the vehicle is taken from the certificate that you provide to the notary. The certificate is drawn up based on the assessment of the vehicle by independent appraisers.

Step 3

The person to whom the car will be transferred is obliged to pay property tax after taking over ownership (the moment of state registration of the vehicle).

Step 4

Indicate in the contract the personal data of the donor and the donee, as well as the main characteristics of the car: body number, engine number, title document. Indicate who bears the costs of completing the donation agreement. The contract is signed by both parties to the transaction.

Step 5

You can make a donation of a car, even if you do not own it, but use it under a general power of attorney. It must contain the subject of donation (car body number, engine number, VIN, etc.) and the donee, i.e. to whom the car will be handed over.

Step 6

The donation agreement is not subject to state registration, but the vehicle must be registered by the new owner within 5 days.

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