Many motorists are first engaged in the acquisition of a car, so they may not know all the intricacies of this process. A car purchase and sale agreement is needed to complete the purchase or sale of a vehicle. In accordance with this agreement, certain obligations arise for each of the parties involved in the conclusion of the transaction, and the fulfillment of these requirements is mandatory for all parties to the agreement. The car purchase and sale agreement provides that one of the parties is obliged to give the vehicle to the other party, which undertakes to transfer a certain amount of money for the car transferred to the property.
The parties to this agreement are called the "seller" and "buyer", as in other relevant agreements when buying and selling an object. The contract of sale of a car implies the mandatory presence of certain documents. These include the passport of the technical equipment, which created a special note stating that this car is not registered with the traffic police. The deregistration procedure is carried out by the relevant traffic police unit, which is available in almost all areas of cities or other administrative-territorial units. Both parties must have passports with them, since without them it is impossible to verify their identity and enter certain information into the database.
In cases where the seller of the vehicle is not its owner, he must provide a valid power of attorney in his own name, in which there is a mark on whether he has the right to make such transactions. Without such a mark, a car purchase and sale agreement cannot be concluded. If the buyer does not plan to become the owner of the car he purchases, then, in addition to the above mentioned documents, he must have with him a corresponding power of attorney in his name signed by the potential owner of the purchased vehicle. For example, in the case when the car will be issued for one of the spouses, and the registration will be different.
As a mandatory procedure, you need to get a certificate informing about the vacated license plate unit, which is intended for the sale of one or another car. This certificate is obtained in the traffic police. In the event that a person representing the interests of any organization is involved in the registration of the sale of a car, the possibility of performing these actions should also be formalized by an appropriate power of attorney. After the contract of sale of the car is signed, the seller must report the transaction to the tax office at the place of registration. A declaration must be submitted, otherwise the seller of the car faces a fine.
Buying and selling a car, an agreement on which is drawn up in advance and signed by all participants (and there may be not only two of them), is impossible without the participation of the tax inspectorate and the payment of a certain fee. A personal income tax transaction is not taxable only if at the time of its completion the vehicle was owned for more than three years, and also if its amount was less than 125 thousand rubles - otherwise you will have to pay tax in connection with your income. This is done to prevent illegal entrepreneurial activity in the field of buying and selling cars.
Now that you know how to draw up a car purchase and sale agreement, feel free to proceed with specific actions. And one more thing: if you are not going to own a certain vehicle for a long time, then you should not go through all these procedures, but simply draw up a power of attorney. After all, all these processes are not free, and time will take you quite a bit!