How to Transfer Ownership of a Car in Rhode Island
Title is a document confirming the ownership of a particular vehicle. However, when this ownership changes, whether by sale, gift or inheritance, the name must be updated to reflect the new situation. This is called the transfer of the title, and this is an important step. If you're wondering how to transfer ownership of a car in Rhode Island, the process is actually relatively simple, although there are some specifics that need to be done right.
If you are a seller
When selling a private car, it is the buyer's responsibility to transfer ownership of the car. However, the seller also has many responsibilities. You must:
Provide the buyer with the name and all information about the seller. Please note that not all cars in Rhode Island will have titles - only 2001 and newer models. Vehicles older than 2001 do not require a PTS.
You must complete the Ownership Statement (Seller section).
You must complete a usage tax return (seller section).
Give the buyer a bill of sale.
Give the buyer a release from the bond.
Common Mistakes
- Failure to Complete Seller Sections on the Title Statement and Tax Form
If you are a buyer
For buyers, the process of transferring the title falls entirely on your shoulders. You will need:
- Complete the Declaration of Ownership (buyer section).
- Complete the use tax return (buyer section).
- Verify your residence in the state.
- Prove that the car is insured.
- Provide a full sales receipt (the seller will provide it to you).
- Bring all of this information to the DMV, where you will also need to pay the $51.51 Transfer of Ownership fee.
Common Mistakes
- Incorrect completion of all forms
Please note that an alternative title deed is available for vehicles from 2000 and older. It costs $11.50 from DMV.
Donation or inheritance
The car donation process requires the same steps as above. However, you will also need either a deed of sale or an Affidavit of Donation of the vehicle. The title transfer fee is the same.
If you inherit a vehicle, you will need a bill of sale or an affidavit of gift. You will also need a registration statement and proof of ownership, as well as proof of sales or use tax. The title transfer fee is the same. You may also be required to provide a death certificate, a volunteer form, and a valid registration.
For more information on how to transfer ownership of a car in Rhode Island, visit the state DMV website.
