HP termination refers to an application for making an entry of termination of agreement of hire purchase, lease or hypothecation agreement in the certificate of hypothecation.

Apply for making an entry of hire-purchase, lease or hypothecation agreement in the certificate of registration of a motor vehicle in Form 35, duly signed by the registered owner of the vehicle and the financier Confirm whether it is the case of termination due to failure to make repayment to financier If all dues are cleared then provide certificate of due clearance from financier Pay appropriate fee as specified in rule 81 of the Central Motor Vehicle Rules 1989 If the termination is due to failure of repayment the financier then RC should be issued in the name of financier

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Transfer of ownership in case of normal sale When a vehicle is sold, the name of the purchaser is noted as the registered owner in place of the previous registered owner and the process is known as transfer of ownership.

Transfer of ownership on death of owner of the vehicle When the registered owner of a vehicle dies, transfer of ownership is affected in favor of the legal heirs of the deceased registered owner. Where the owner of a motor vehicle dies, the person succeeding to the possession of the vehicle may for a period of three months, use the vehicle as if it has been transferred to him where such person has, within thirty days of the death of the owner informs the registering authority of the occurrence of the death of the owner and of his own intention to use the vehicle

Transfer of ownership of vehicle purchased in public auction When a vehicle is sold in public auction, the name of the purchaser is noted as the registered owner in place of the previous registered owner and the process is known as transfer of ownership on auction.

As per the Motor Vehicle Act 1988, there is a provision apply for a residential address change on registration certificate. Individuals who have at least shifted their residence for a significant time period or permanently should make a change in their registration certificate as well.

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Regional Transport Office is a government organization that is responsible to keep a track of all the vehicles on Indian roads. For this purpose, every vehicle in India should be registered in the nearby RTO Office. Every vehicle that is registered will be given a vehicle registration card. Apart from vehicle registration, RTO is responsible for issuing driving licenses, inspect vehicle insurance, and keep a tab of pollution created by vehicles.

The RTO assigns a permanent registration number to your vehicle that you will not be allowed to change under any circumstance. As soon the validity of vehicle expires, the owner has to pay green tax and get the vehicle condition inspected at RTO office to certify its fit to run on road