# Transferring Ownership ?

**URL:** <https://forums.speedlife.net/t/transferring-ownership/121290>\
**Category:** SON240sx Automotive\
**Created:** [January 21, 2009, 3:01pm UTC](https://forums.speedlife.net/t/transferring-ownership/121290 "2009-01-21T15:01:41Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![tartaglia](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tartaglia/32/5664_2.png) [@tartaglia](https://forums.speedlife.net/u/tartaglia)\
**Post date:** [January 21, 2009, 3:01pm UTC](https://forums.speedlife.net/t/transferring-ownership/121290/1 "2009-01-21T15:01:41Z")

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I have a question about transferring ownership:

The car was bought and put under my mothers name for insurance reasons, Now I’m ready to purchase my own insurance.

I was wondering if I have to transfer the car under my name to get my own insurance and if I would have to pay taxes on the purchased amount again even though its family?

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**Author:** ![polishprince](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/polishprince/32/5690_2.png) [@polishprince](https://forums.speedlife.net/u/polishprince)\
**Post date:** [January 21, 2009, 3:04pm UTC](https://forums.speedlife.net/t/transferring-ownership/121290/2 "2009-01-21T15:04:22Z")

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family transfer is free you just declare it as a gift… you and your mom have to go to licensing for this and swear that it is a gift… and yes car has to be in your name for insurance to be in your name