When purchasing or selling a second-hand car in Bangladesh, it’s crucial to know how to legally transfer ownership. In this GarirBazar article, we aim to simplify the complexity when looking to how to legally transfer of car ownership in Bangladesh.
In Bangladesh, a number of paperwork are needed to transfer ownership of any motorised vehicle, including cars. These documents are primarily required for ownership transfers resulting from inheritance as well as for the purchase and sale of used autos or other vehicles. Vehicle Title Transfer Documents, Bills of Sale, Registration Certificates, Insurance Certificates, Licence Information, and Notarized Powers of Attorney are a few examples of the fundamental paperwork.
The Bangladesh Road Transport Authority (BRTA) states that there may be legal issues while purchasing and selling cars if ownership is not transferred on time. Thus, it’s critical to comprehend the ownership transfer procedure. By using BRTA, a legal transfer guarantees that the new owner is correctly registered and that the seller is released from all legal obligations, taxes, and fines. This is all the information you require regarding the procedure of transferring ownership.
Paperwork Required for Vehicle Ownership Transfer in Bangladesh
Documents set by the Bangladesh Road Transport Authority (BRTA) must be carried for ownership transfer. Separate documents are required for the buyer, seller, and vehicle. In some cases, personal documents of buyer and seller may also be required. You can download the necessary forms from the BRTA website. Copies of all forms and documents must be attested.
Documents Required by the Car Buyer
- Filled Transfer of Ownership (TO) form with buyer’s signature and specimen signature on TTO.
- Receipt of fee deposit (varies by vehicle type/CC).
- Copy of buyer’s TIN certificate (for personal vehicles only).
- Certificate of Registration/Digital Registration.
- Affidavit with buyer’s photograph on non-judicial stamp.
- Certificate of Insurance.
- Three copies of stamp-size colour photographs.
If the buyer is an organization, all the above documents except affidavit and note with signature on the official pad are required.
Documents Required by the Car Seller
- Filled and signed TTO form.
- Signed sales receipt.
- Affidavit with seller’s photograph on non-judicial stamp.
- Copy of seller’s TIN certificate (for personal vehicles only).
- Three copies of stamp-size colour photographs.
- No Objection Certificate (NOC) from the seller.
If the seller is an organization, board resolution, authorization, and official pad signature are required. If the vehicle has a loan, clearance from the bank or institution must also be submitted.
Documents Required for Car Ownership Transfer through Inheritance
- Certificate of Inheritance granted by the Court.
- Filled TO form with heir’s signature and specimen signature on TTO.
- Receipt of prescribed fee deposit.
- Copy of heir’s TIN certificate.
- Registration Certificate/Digital Registration Certificate.
- Affidavit with heir’s photograph on non-judicial stamp confirming inheritance.
- Three copies of stamp-size colour photographs.
If multiple heirs are involved and ownership is transferred to one, affidavits from other heirs with photographs on non-judicial stamps must be submitted.
Motor Vehicle Inspection and Biometric Process at BRTA
Once the documents and fees are submitted, the vehicle must be presented at the BRTA circle office at the scheduled time. Officials will verify the application and inspect the vehicle. If approved, a change of ownership permit or acknowledgment will be issued.
The receipt will include the biometric appointment date. On that date, the new owner’s biometric and photograph will be taken. A smart card registration certificate will be issued and must be collected on the specified date.
Problems if Ownership is Not Transferred
If a vehicle registered in your name is sold without proper transfer and used in crimes, you will be held responsible.
Purchasing a vehicle without proper registration may cause legal complications later.
Providing false documents can lead to legal action from the other party.
Failure to transfer ownership may result in a fine of up to Tk 5,000 under section 74 of the Bangladesh Traffic Act. A second offense may result in a Tk 10,000 fine.
Conclusion
To avoid these potential problems, always transfer vehicle ownership with proper documents. Both buyer and seller must prepare and submit the necessary documents to BRTA to complete the process safely.
We hope you found this GarirBazar article informative about how to legally transferring car ownership in Bangladesh. Visit our news and articles to stay tuned about the latest automotive trends, insights and car sales in Bangladesh.
