You can buy a car not only through purchase. Quite often, cars are donated to relatives (friends, business partners). A deed of gift for a car is drawn up on plain paper and certified by the signature of the owner (or on a form notarized by a notary).
Under the law, transactions with cars are not subject to mandatory notarization. The rules of registration of vehicles in the traffic police say that when making automobile transactions, agreements and other documents are accepted (that is, a usual donation on plain paper indicating all the necessary data). However, many people, nevertheless, turn to notaries with such a request, because they fear that they will not be able to correctly execute everything on their own. Of course, there is a risk to allow flaws in the preparation of the document, which may lead to its recognition as invalid (in court).
A car deed of gift is usually issued upon handing over the car to relatives. To do this, you must first remove the car from the register in the traffic police. Then you need to draw up a deed of gift. After all the procedures, the new owner must register the car in his own name in the traffic police.
A deed of gift for a car will allow its new owner to make any transactions with him without the participation of the main owner (sell, change registration data, insure or dispose of this car). The following must be indicated in the general power of attorney (gift): the period of validity of the power of attorney, information about the participants in the transaction, the place and time of signing the document, etc.
The gift contract is concluded in 2 copies in writing. Such an agreement is not subject to registration. If there is a spouse, the deed of gift for the car must contain their consent to the transaction (if the car is purchased in a marriage).
The donor and the donor apply to any traffic police authority that
registers the vehicle with one copy of this agreement, a receipt for the payment of the duty, and a statement. If the
gift is not
issued to a relative, then you will have to pay a gift tax (this is 13% of the cost of the car). After that, the gifted is considered the new owner of the machine.
A car deed is beneficial if the parties to the transaction are family members or relatives. According to the Family Code, spouses, parents, children, adopted children, adoptive parents, grandchildren, grandparents, both full and half (half-father and mother only) sisters and brothers are exempt from taxation.
A deed of gift for land (plot), as well as for a car, can be issued between relatives or strangers. But you need to know that for different categories of kinship different taxes are provided. If you give a plot to a neighbor in the country, then she will be forced to pay a tax (this is 13% of the total value of the land). A deed of gift between close relatives is not taxed at all, you only need to pay the state fee. A written contract is drawn up in a simple form and registered with the Fed.