One common question always asked by the buyers of used bikes. Which is how to transfer the name? and what are the process? There are many of us who do not get the right direction of what is needed to change the name after buying an old bike. Therefore, we Motorcycle Valley is going to discuss with you “How to change the name after buying / selling old bikes”.
Bike sale and Buy agreement with documents: We usually sign buy and sale agreements with some documents when it is the case of change of ownership of the bike. This is the first step in buying and selling a bike and this document changes the initial ownership of the bike. Nonetheless, all the information from the bike's paperwork to the digital number plate from the person from whom the bike was purchased remains to be done. As a result, ownership of the bike initially changed.
Rules for changing the ownership of a motorcycle
All the rules for changing the ownership of the motorcycle are given according to BRTA's information.
What Buyers have to do:1. Completed and signed ‘TO’ and ‘TTO’ forms; [These two forms and other forms can be found on the DOWNLOAD FORMS of the website].
Click to get the form.
2. Receipt of deposit of required fee.
3. Attested copy of buyer's TIN certificate (in case of non-rented cars, jeeps, microbuses)
4. Original Registration Certificate (both copies) / Digital Registration Certificate (if applicable).
5. Affidavit of inheritors on non-judicial stamp with photo
6. Provide all the other details of the form along with the sample signature of the recipient and name, father / husband's name in English, full address and 3 copy stamp size color photo in the relevant sample signature form, but if the buyer is an organization, letter on official pad with above mentioned documents (except affidavit).
1. ‘TTO’ Form and signed sales receipt.
2. Sales affidavit with photo of the seller.
3. If the seller is a company, then Provide intimation, board resolution and authorization letter on the letter head pad of the company
4. If the motor vehicle is liable to the bank or any other institution, to collect the loan repayment certificate of the liable institution and submit it.
Documents required for transfer of ownership by inheritance:1. Completed and signed ‘TO’ and ‘TTO’ forms (other forms including these two forms will be available on this website).
Click to get the form.
2. Certificate of Inheritance issued by the Court / Local Government Institution.
3. Receipt of deposit of required fee.
4. Attested copy of TIN certificate of first inheritor in case of multiple inheritors (in case of non-rental car, jeep, microbus).
5. Original Registration Certificate (both copies) / Digital Registration Certificate (if applicable).
6. Affidavit of inheritors to acquire ownership in non-judicial stamp with photograph (if there is more than one inheritor and ownership is given in the name of one then another affidavit on non-judicial stamp with photograph of all by other inheritors).
7. Sample signature on the given form and English name, father's / husband's name, full address and 3 copies stamp size photo.
Motorcycle ownership transfer from consists Registration number, Owner's name, Father's name and full Address, then you will need the bellow documents for transfer of ownership
- TO form
- TTO form
- H form
- Sales receipt
- TK 10 revenue stamp
- Buyer + seller photo (3 + 2 signed)
- Photocopy of buyer's national ID
- Photocopy of seller's national ID
- Photocopy of buyer's TIN number
- Photocopy of seller's TIN number
- Updated photocopy of TAX token
- Updated photocopy of fitness
- TK 200 buyer stamp
- TK 200 seller's stamp
- Ownership Transfer Fee (Bank Deposit Receipt)
- Inspection
- The seller appears
- The buyer appears
The amount of money for changing of ownership is given below.
Deposit amount in the bank for motorcycle 00-100 cc (with number plate)
- Ownership Fee TK 2,128 / -
- Digital Number Plate TK 2,260 / -
- Digital Blue Book TK 555 / -
- Copy fee - TK 345 / -
Deposit amount in the bank for motorcycle 100-150 cc (with number plate)
- Ownership Fee TK 2665/ -
- Digital Number Plate TK 2,260 / -
- Digital Blue Book TK 555 / -
- Copy fee TK 345 / -
Deposit amount in the bank for motorcycle 00-100 cc
- Ownership Fee TK 2,128/ -
- Digital Blue Book TK 555 / -
- Copy fee TK 345 / -
Deposit amount in the bank for motorcycle 100-150 cc
- Ownership Fee TK 2665/ -
- Digital Blue Book TK 555 / -
- Copy fee TK 345 / -
Hopefully you have received all the information regarding the transfer of ownership of a motorcycle and with this you will not have to go through any further complications in buying / selling a used bike.
Reference: BRTA