Selling Bike Not Registered in Your Name

[Green Meenie]

Is it legal to do this, providing you have the ownership signed over by the registered owner and the UVIP?

[stormcat]

I didn't find anything specific to that, but apparently you're supposed to buy a Used Vehicle Information Package for it (I didn't get one for the ZZR, so I don't know how compulsory that is). I think so long as the ownership is signed, you're good to sell. However, you have to provide the buyer with a receipt. There's going to be a bit of a signature discrepancy there. Hmmm...

http://www.mto.gov.on.ca/english/dan...cle/used.shtml

[infernobuster]

Done it twice now .. as long as your up front to the buyer about it.

The MTO wont know any difference either.

[WarpTiger]

Done it twice now .. as long as your up front to the buyer about it.

The MTO wont know any difference either.

I did the same thing. Bought a bike in October, got a ridiculous insurance quote so i never bothered to register it in my name. spring time came and when i found a serious buyer I told him it wasn't in my name before he came to take a look and pick it up.

He didn't care and forged the sellers signature on the receipt for me.

Be honest. its been a year now and I haven't heard back from the buyer.

[Green Meenie]

Thanks for the input! There's no funny business going on here and I realize it may look suspicious to some buyers. I'm just flipping a bike that I know I can buy and make some $$ on because the seller doesn't want the hassle. I just don't see the sense in the DMV getting tax paid twice in the span of a month or. I also don't want to register it in my name when I have no intention of insuring or riding it. It's a good point about the bill of sale though. Not sure if the DMV would ask questions if the name on the registration and bill of sale didn't match. May be able to arrange for the original owner to sign a bill of sale to the person buying from me at the price they are selling it to me for, which would also help the second buyer as the paid price will be lower.

[Baggsy]

So, don't leave your ownership in your bike?

[Green Meenie]

lol - not with the transfer portion signed anyway!

[Gumby256]

You Probably wouldn't go to jail but
The buyer runs they risk of the original registered owner reporting the bike stolen and getting the bike back. I would never buy a used bike without a UVIP and signature of registered owner.