In Ontario, you can transfer ownership of your vehicle to a family member without paying retail sales tax. This can be done at a ServiceOntario centre. If you haven`t hung up the car yet, you can probably just give your brother the car without the license plates, so no transfer of license plates is necessary (that is, the license plates remain saved for you). If you have already transferred the car with the licence plates and would like to retrieve them, you can contact Ontario Service for clarification on the licence plate transfer process and associated fees. For some vehicles not identified above, fair value refers to the purchase price. Some examples are motorcycles, motorhomes, off-road vehicles, snowmobiles, boats, planes and trailers. I am trying to transfer ownership of my old car to my brother. I would like to keep the disks and the website ontario.ca says that the disks can be transferred between siblings, but the disk transfer declaration form has no option for this – what am I missing? Examples of vehicles that are not specified vehicles include: As of September 1, 2010, Status Indians, Indian Bands and Indian Band Councils will be able to transfer a privately purchased privately purchased private vehicle off reserve without an RST. The vehicle does not need to be registered or delivered to a reserve address to qualify for the RST exemption. The specified vehicle must be intended for consumption or use by a status Indian or exclusively for consumption or use of the belt band or advice. There is not much Service Ontario that has a commissioner on the ground. If I had a lawyer who signed the affidavit to give the car as a gift, does that mean I can go to any Service Ontario location and my father doesn`t have to leave? (My father transfers his property to me) Thank you for your advice! A private vehicle may be transferred to an RST-exempt beneficiary, provided that the following supporting documents are provided at the time of registration of the vehicle. For the purposes of this page, the position of estate administrator, executor and administrator is referred to as an estate administrator.
If an assessment is not completed before the vehicle is handed over, the tax is based on the value of the Red Book and the assessment must be obtained and a refund must be requested within 30 days of the date of registration through the provincial tax commission. Specified vehicles may be exempted from the RST in the following circumstances if the criteria for exemption are met and the necessary documentation is provided in support of the requested exemption. Unfortunately, we cannot advise you on how to complete your transaction. You may want to read the relevant agreements carefully because, for example, the car may be a collateral to secure the loan, and your ability to transfer it may be limited by your agreement. Please contact a law firm for legal advice. Alternatively, you can contact the lender and anyone else who might have information relevant to your proposed transaction. When a private vehicle is handed over to an eligible family member, family members must complete an affidavit for a family donation of a used car in the province of Ontario. This form requires the signature of a commissioner of oaths or a commissioner of affidavits. The completed form must be provided to the ServiceOntario Centre at the time of transfer of ownership.
For a car, van or truck (with an unladen weight of 2,200 kilograms or less), fair value generally means the higher purchase price of the vehicle or the amount indicated in the Canadian Red Book or the Canadian Red Book for Vintage Cars and Trucks (Red Book) in respect of the vehicle. Remember – all spaces in Part 1 and Part 4 of the registration certificate must be completed. Part 2 should only be completed if the vehicle is sold through an authorized dealer. If this is the case, you may need to postpone handing over the car to your sister until 12 months have passed since the previous delivery. a completed plate surrender declaration if you are also transferring the licence plate (this is required for spousal to spousal transfers to exempt them from the safety standards certificate). Both parties also need proof of insurance to register the vehicle with ServiceOntario, as driving without insurance is illegal in Canada. Only an exempt transfer of the same vehicle between family members is allowed within 12 months. .