NewsWhore
09-25-2007, 05:50 PM
Listin Diario is warning vehicle owners who are selling their vehicles to ensure that the registration is passed on to the purchaser prior to completing the transaction. The newspaper warns that according to Dominican law, if the vehicle is in any way involved in an accident or theft, the legal owner will be held responsible, even if he can show proof he sold the vehicle several years ago. In case of an accident, if it can be proven that the driver was responsible, the driver will be held responsible if he admits to causing the damage, but in the meantime, the owner of the car may also be held responsible.
The procedure for transferring the registration is stated in Law 241 on Transit in its Art. 17A. To transfer a vehicle, the new owner needs to secure a sales contract duly notarized and registered in the Attorney General's office as the first step. Next, one has to go to Plan Piloto for a review of the vehicle's status, in order to determine if it has been stolen, for instance. This costs RD$55 and could take between a day and a week. The Police will issue a certification authorizing the transfer. The third step is to take this certification to the Departamento de Traspaso de Vehiculos (Vehicle Transfer Department) at the Tax Office (DGII) and pay the taxes, which come to 2% of the vehicle's total value based on its make and year. This information is provided by the DGII and does not relate to the sales price. Fourth, once the taxes are paid, the DGII will issue a registration transfer document in the purchaser's name in about three hours.
More... (http://www.dr1.com/index.html#9)
The procedure for transferring the registration is stated in Law 241 on Transit in its Art. 17A. To transfer a vehicle, the new owner needs to secure a sales contract duly notarized and registered in the Attorney General's office as the first step. Next, one has to go to Plan Piloto for a review of the vehicle's status, in order to determine if it has been stolen, for instance. This costs RD$55 and could take between a day and a week. The Police will issue a certification authorizing the transfer. The third step is to take this certification to the Departamento de Traspaso de Vehiculos (Vehicle Transfer Department) at the Tax Office (DGII) and pay the taxes, which come to 2% of the vehicle's total value based on its make and year. This information is provided by the DGII and does not relate to the sales price. Fourth, once the taxes are paid, the DGII will issue a registration transfer document in the purchaser's name in about three hours.
More... (http://www.dr1.com/index.html#9)