Starting from 1 March 2020, individual vehicle owners will not have to go through the bureaucratic process in case they sell or purchase a vehicle to or from a corporate car dealer or give power of authority to a notary or a private individual to realise transfer of ownerhip.
If the transfer of vehicle ownership is being done between two individuals, the buyer and the seller will have to be present at the Motor Vehicle Registration, Inspection and Licencing Branch in Lefkoşa and sign the “motor vehicle title transfer application form(Tr.2T)”.
The buyer and the seller, or any person holding power of attorney from them, must be ready at the branch together with relevant documents and their ID cards in order for the transactions to be completed.
The change in the statute on vehicle ownership transfer will be implemented to prevent tax evasion by middlemen who display cars for sale in empty roadside plots.