With some new motorcycle models having supply issues due to the global semiconductor shortage, some buyers are looking into the used motorcycle market. Though there are some concerns when getting a second-hand bike, such as reliability, the biggest deterrent in buying a pre-owned unit is the hassle of processing the required documentation.
Yet, transferring the motorcycle LTO registration to one’s name is not as difficult as some would think. It doesn’t cost much as well. So don’t be tempted to avail the services of your friendly neighborhood fixer because it will cost you ten times more (I’ve inquired on behalf of a friend).
Here are the steps you need to take when transferring the LTO registration of a pre-owned motorcycle to your name:
- Complete the following documents:
- Accomplished deed of sale (4 copies)
- Original copies of Certificate of Registration (CR) and Official Receipt (OR)
- Photocopy of 2 valid IDs of the previous owner with 3 specimen signatures
- Photocopy of your 2 valid IDs with 3 specimen signatures
- Have the deed of sale notarized and bring it to an LTO branch together with the other documents. The cost of notarization depends on the declared value of the motorcycle unit.
- Request for a verification printout from the LTO. This document is free, but you must submit a copy of the notarized deed of sale, photocopies of OR and CR, and IDs. An LTO clerk will ask for your contact number to inform you when the document is available for pickup. This usually takes a few days or so.
- Once you already have the verification printout from LTO, you will submit it to the nearest PNP-HPG regional office to request the Motor Vehicle Clearance Certificate. This costs ₱500, which you will have to pay at a Land Bank branch. After submitting proof of payment from the bank, you will be asked to return for the clearance certificate after a couple of days.
- Bring the HPG clearance to LTO, and once received, they will process the registration transfer while you wait. If the registration of the unit is updated, the transfer will cost ₱210, and you will be issued a new CR under your name.
Congratulations! You are now the official owner of your new-old bike. No more hassle at random checkpoints. By the way, how come these checkpoints only inspect motorcycles and not other vehicle? Asking for a friend…
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