Transferring car ownership to family

Jun 6th, 2021 12:39 pm

#1

chicu1981 [OP]: Member; Jul 5, 2010; 448 posts; 223 upvotes

Jun 6th, 2021 12:39 pm

I recently bought a brand new car. My brother and I are listed as joint owners on the ownership document. What is the process to make me the sole owner. We did this to get a $1000 loyalty discount.

Do I need to get vehicle safety certificate? Its a 3 day old car and I am already listed on the ownership?

Guidance is much appreciated,

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Jun 6th, 2021 12:56 pm

#2

skeet50: Deal Addict; Jan 15, 2017; 4108 posts; 3611 upvotes

Jun 6th, 2021 12:56 pm

https://www.ontario.ca/page/transfer-ow ... ily-member

Just remember that the link only deals with the transfer of ownership to a family member. If the vehicle was financed and both of you were used to finance the vehicle then you will have to get the lender's approval to transfer ownership.

Jun 6th, 2021 5:57 pm

#3

ES_Revenge: Deal Expert; Mar 23, 2004; 29121 posts; 9627 upvotes

Jun 6th, 2021 5:57 pm

Yeah if it's a finance you may have a hard time getting him off the ownership until the car is paid for. If the car is paid for I think it's actually pretty straightforward to drop him off the ownership. It's not really a transfer it's just him coming off it. Best thing to do is contact MTO (or Ministry in whatever province you're in), but keep in mind the caveat about the lender first.

Jun 6th, 2021 7:07 pm

#4

chicu1981 [OP]: Member; Jul 5, 2010; 448 posts; 223 upvotes

Jun 6th, 2021 7:07 pm

Car was purchased on cash. There is no line or anything.

Jun 6th, 2021 7:23 pm

#5

jayoldschool: Sr. Member; Sep 4, 2006; 973 posts; 605 upvotes; Ottawa

Jun 6th, 2021 7:23 pm

Simply a form at the MTO. No tax to when transferring to a family member, one car per year.

+1

Jun 6th, 2021 8:14 pm

#6

georvu: Deal Fanatic; Feb 4, 2015; 6779 posts; 3075 upvotes; Canada, Eh!!

Jun 6th, 2021 8:14 pm

If not a spousal transfer then believe have to do a safety.

https://www.ontario.ca/page/transfer-ow ... ily-member

What documents are required
You will need to bring the following documents to a ServiceOntario centre:

a completed Sworn Statement for a Family Gift of a Used Motor Vehicle in the Province of Ontario form
proof of Ontario vehicle insurance
your Ontario driver’s licence
Safety Standards Certificate (this is not required for spouse-to-spouse transfers, but you must complete a spousal declaration)
Vehicle Ownership Permit with the completed portion on the back
a completed plate transfer declaration if you are also transferring the licence plate (only permitted between spouses, parents and children)
Only one exempt transfer of the same vehicle, between family members, is allowed within a 12-month period.

Last edited by georvu on Jun 6th, 2021 8:17 pm, edited 1 time in total.

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Jun 6th, 2021 8:14 pm

#7

chicu1981 [OP]: Member; Jul 5, 2010; 448 posts; 223 upvotes

Jun 6th, 2021 8:14 pm

Do I need a safety/fitness certificate given than car is 3 days old and I am already on the title?

Jun 6th, 2021 8:16 pm

#8

at1212b: Deal Guru; Mar 31, 2008; 11910 posts; 2312 upvotes; Toronto

Jun 6th, 2021 8:16 pm

I didn't realize there could be joint ownership of a car. Since it's a removal and not a transfer, I don't think any other type of normal transfer is needed.

And yes, safety is needed for family transfers outside of spouse.

+1

Jun 7th, 2021 8:44 am

#9

Badman: Deal Fanatic; Aug 4, 2005; 8057 posts; 671 upvotes; Brampton

Jun 7th, 2021 8:44 am

chicu1981 wrote: ↑ Do I need a safety/fitness certificate given than car is 3 days old and I am already on the title?

Did you get a copy of the safety standards certificate from the dealership?

Maybe within this timeframe you can show MTO that it’s been completed. They are valid for 36 days

+2

Jun 8th, 2021 11:24 am

#10

chicu1981 [OP]: Member; Jul 5, 2010; 448 posts; 223 upvotes

Jun 8th, 2021 11:24 am

Badman wrote: ↑ Did you get a copy of the safety standards certificate from the dealership?

Maybe within this timeframe you can show MTO that it’s been completed. They are valid for 36 days

I called MTO they said we don't need it as it less than a week old car. Bt one never knows if i will run into an MTO dragon. I will take bill of sales and they can probably put two and two together

+1

Jun 8th, 2021 8:36 pm

#11

chicu1981 [OP]: Member; Jul 5, 2010; 448 posts; 223 upvotes

Jun 8th, 2021 8:36 pm

chicu1981 wrote: ↑ I called MTO they said we don't need it as it less than a week old car. Bt one never knows if i will run into an MTO dragon. I will take bill of sales and they can probably put two and two together

Dragon wanted the safety certificate. I got the car transferred on temporary plate. Now need the safety to get full sticker.

+1

Jun 9th, 2021 12:05 am

#12

AARON_R/C: Sr. Member; Jul 17, 2009; 820 posts; 284 upvotes; Richmond Hill

Jun 9th, 2021 12:05 am

I did this 2 years ago, you need to get safety cert, and sworn Statement for the two of you from a lawyer, some service Ontario locations will have a lawyer there to fill that out for $40. Same procedure as a sale except no tax is paid.

+2