Whenever the owner of a vehicle registered under this title transfers or assigns the title or interest thereto, the registration of such vehicle shall expire.

36 Del. Laws, c. 10, § ?15; Code 1935, § ?5553; 43 Del. Laws, c. 244, § ?9; 21 Del. C. 1953, § ?2501; 70 Del. Laws, c. 186, § ?1;