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How to sell a deceased person’s car in india

Author: Carvaluation India
by Carvaluation India
Posted: Jun 30, 2017

Losing a loved one in a family is hard. But one has to take care of the deceased person’s assets well in order to bind it up in a legal deal. And among the various possessions, a car is a constant reminder of that person. A car is a very personal possession of any individual. The type of car one owns can depict an individual’s personality. So family members tend to sell it off to not be constantly reminded of the person’s departure from this world. When it comes to selling the car of a deceased owner, the vehicle ownership transfer has to be done in order to transfer the car from the decedent’s name. For vehicle ownership transfer to get done, one needs to follow a few steps depending on the situation:

  • The letter of authority or succession certificate–the heir must decide on the rightful owner of the car and accordingly hand over the succession certificate to that person to seal the deal.
  • Clearance of loan – After handing over the letter of authority to the rightful owner, one must clear any debts or loans on the car before completely handing over the car to the new owner. One would need RTO Form 30 and RTO Form 31 filled and submitted to the RTO. Also, one would need to NOC from the bank or financial institution in order to remove hypothecation form the RC.
  • Death Certificate :When the vehicle ownership has to be passed onto the first legal heir of the deceased person, it is necessary to have a valid death certificate.
  • Registration Certificate : The registration certificate for the car is a mandatory asset to be submitted for the vehicle registration transfer for selling car of a deceased owner
  • Insurance Certificate : A valid insurance certificate, well attested, should be submitted to the regional RTO for vehicle ownership transfer on the receiver’s name.
  • Address proof of the applicant : A proper address proof of the applicant must be submitted to the regional RTO for vehicle ownership transfer on the receiver’s name.
  • Pollution Certificate : An attested copy of a valid PUC certificate is required too. Since PUC certificate is validated in a span of months, the PUC should be up to date.
  • PAN Card : An attested copy of PAN Card of the applicant is required. If the buyer doesn’t have a PAN card, they can use RTO Form 60 and Form 61.
  • Vehicle verification : Verfication of vehicle is done on RTO form 20, which one needs to submit to the regional RTO.

Apart from this, the application to the zonal officer/SDM must be submitted within 30 days of death, else a penalty of INR 100/- will be charged on a monthly basis.

About the Author

It is difficult to part with the memories of your loved ones and especially if it is due to a traumatic experience. But as things move on, people also have to and for that letting go of things and saddening memories is very important.

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Author: Carvaluation India

Carvaluation India

Member since: Jun 30, 2017
Published articles: 2

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