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Homepage Private Community Forums Private Trusts & Private Foundations Transferring car ownership into the name of the trust

  • Transferring car ownership into the name of the trust

    Posted by Bonez on July 18, 2024 at 1:26 pm

    So I read somewhere on here about transferring the title of the car into the name of the trust, I went to Service SA to enquire about a form to do so, they told me I couldn’t transfer ownership into the name of a trust and that it had to be a registered company of some description.
    Anyone in SA done this process already?

    Bonez replied 11 months, 2 weeks ago 2 Members · 3 Replies
  • 3 Replies
  • Bonez

    Member
    July 18, 2024 at 7:24 pm

    Just want to add that the paperwork i have for when you sell the car requires info such as a Surname/Body Corporate name and drivers licence, so even if i did sell it to my self how would i goo filling out those details?

    Or a completely different scenario, how would i go about purchasing a car off someone and filling out the form if i want to purchase it under the trust name and it asks for a licence number, do i just put down my licence as trustee?

    • morag-janet-of-the-hill-family

      Member
      July 19, 2024 at 8:38 am

      Don’t you just have change of ownership papers there? In NZ when we sell the car it is up to the purchaser to complete a registration form for change of ownership. It’s now registered under their name, so that’s what we did to put the cars we have into the name of the trust, we didn’t sell it to the trust we just registered it under the name of the trust and now the registration forms we get sent to update the registration is in the name of the trust. We also didn’t ask if we could transfer it into the name of the trust, we just did it. We listed it as unincorporated because you had to choose between incorporated and unincorporated.

      • Bonez

        Member
        July 19, 2024 at 12:16 pm

        This is what we get here in SA to transfer registration over.
        Asks for all of this information, just not sure how to fill it out when it will be my signature on both notices, it also asks for licence numbers etc.
        Its no big deal as Im looking at selling the car anyway and buying myself a new work van which then I will use the name of the trust, just wanted an idea on how I fill this out under the trust name when it asks for licence number etc. and would it matter if they put the trust name in ALL CAPS even if its only supposed to be Capitalized, thanks for your response

        • This reply was modified 11 months, 2 weeks ago by  Bonez.