What is a Transfer of Ownership Document (TOD) in Newfoundland and Labrador?
In Newfoundland and Labrador, the concept of a Transfer of Ownership Document (TOD), as it is known in some other regions, does not explicitly exist. Instead, the province uses a series of documents and processes to officially transfer vehicle ownership, handled through the Motor Registration Division.
- Transferring a Personal Vehicle:
- Submit your vehicle transfer online via MyGovNL.
- You can submit an application in person, by phone, or through mail or fax at the nearest Motor Registration Division office.
- Transferring a Commercial Vehicle:
- Submit your vehicle transfer online.
- You can submit an application in person, by phone, or through mail or fax at the nearest Motor Registration Division office.
- Seller and Purchaser Obligations:
- Notification by Seller: Sellers must notify the Motor Registration within ten days of the vehicle’s sale, either through a physical Notice of Sale on the back of the vehicle registration permit or online.
- Buyer’s Obligation: To avoid penalties, buyers must complete the transfer of the vehicle’s ownership within ten days and maintain valid public liability insurance during this period.
- Required Documents:
- Seller’s Vehicle Registration Permit: Indicates the seller is the registered owner.
- Bill of Sale: It must include the sale date, buyer’s details, vehicle details, and price. If the sale price is below the market value, a sworn affidavit may also be required, which can be processed online.
- Insurance Declaration: Must be completed and signed.
- Motor Vehicle Safety Inspection Certificate: This is required unless the vehicle is exempt, such as motorcycles or certain commercial vehicles.
- Applicable Vehicle Transfer Fees:
- Transfer Fee: As specified in the Fees Policy.
- Provincial Sales Tax (PST): Calculated based on the purchase price or the Red Book valuation of the vehicle.
- Outstanding Fines: Any fines on your record must be settled.
- Annual Renewal Fee: If the vehicle is purchased 45 days before the registration expiration date, consider paying the renewal fee proactively, as the renewal notification would have been sent to the previous owner.
This streamlined online and physical documentation process ensures that all aspects of vehicle ownership transfer are legally documented and recognized by Newfoundland and Labrador’s regulatory framework.