Transfer of ownership questions

Red24 SG

Is it possible to do a transfer of ownership to a person who has yet to get his license?

hokkie SG

LTA's regulation is like this,
to transfer ownership the new owner must have:

1. Valid insurace coverage

SO just get the new guy to go and buy new insurance from motordiam......remember to insist on ANY RIDER.( means that any one with valid insurance can ride the bike)

THis way the bike is under the new guy's ownership, and the bike can be ridden by anyone who has a valid insurance....

If the new rider decide to ride without license is his own problem....

Red24 SG

But can we buy insurance w/o licence?

TZR SG

Yes, ur friend can be the main owner of the bike, but he cannot ride.

For the insurance also can have his name, but it will state that he is the non-riding policy holder.

He can either put u as the 2nd owner and u ride only, or pay a little more $$ to make it "Any rider" policy, so whoever has licence can ride the bike.

TZR SG

No licence cannot buy insurance i think... must at least one person who has licence to be 2nd owner or something...

nismoS132 SG

that time i go make my insurance, ntuc told me they’re doing away with the any rider policy liaoz.