Whether you are buying or selling, proper paperwork is the key to a smooth transaction. The most important document is the car’s original registration book, which proves ownership. Always check that the engine and chassis numbers match what’s printed on the registration.
You should also ask for valid tax receipts, especially token tax payments and any pending dues. If the car was financed, ensure there is a clearance certificate from the bank stating the loan has been fully paid off. This prevents any legal complications after purchase.
When selling your car, prepare a sales agreement clearly mentioning the car details, price, and date of transfer. Both parties should sign it along with witness signatures. This document is helpful if there are any disputes in the future.
Lastly, remember to collect or hand over a copy of the buyer’s or seller’s ID card. In some regions, you might also need an NOC (No Objection Certificate). Verifying all documents carefully keeps your deal transparent and secure.