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Notification of change of ownership of a vehicle

Notification of transfer of vehicle ownership

Vehicle ownership transfer

When a vehicle changes ownership, the ownership transfer must be reported to the Icelandic Transport Authority (ICETRA).

Before reporting the transfer, it is important to check:

  • any liens or financial encumbrances,

  • the vehicle’s damage history,

  • other relevant details, as explained in the article about buying and selling a vehicle.

Ownership transfer process

The ownership transfer must be reported within 7 days of purchase.

  1. The seller fills out the notification and pays the registration fee.

  2. The buyer, co-owner, or registered user signs the notification electronically.

  3. The ownership transfer is then automatically registered in the vehicle register.

Cost

An ownership transfer costs 3.041 ISKwhich the seller pays upon registration.

Notification of transfer of vehicle ownership