Is Vehicle Modification Registration the Same as Transfer of Ownership?
1 Answers
Vehicle modification registration is not the same as transfer of ownership; there is a difference between the two. Vehicle modification registration involves changing the registered information of the vehicle, while the ownership of the vehicle remains unchanged. Transfer of ownership, on the other hand, refers to the act of changing the ownership of the vehicle to another person. Below is a detailed introduction to vehicle transfer of ownership: Overview: Vehicle transfer of ownership refers to changing the name of the vehicle's owner, which is an essential procedure that cannot be omitted in the process of buying or selling a used car. If the vehicle has been involved in accidents, failed annual inspections, is stolen, or is smuggled, the normal transfer procedures cannot be followed. Important Notes: When a vehicle is moved from one city to another, the registration process required to change the jurisdiction of the vehicle management authority is called transfer of registration. Transfer of registration requires changing the license plate and vehicle registration certificate, and the procedures must be completed at two different vehicle management authorities, including the procedures for transferring out and transferring in.