Question 5

May 19th, 2017 Posted In: Legal Corner

Team TNV

I Sold my 4 wheeler to a person but it’s not transferred on his (buyer) name. Now the person is not available to initiate formalities to transfer it to buyer’s name. What should I do?

Answers: As a first step, report the fact to the police station of your jurisdiction in order to avoid any unfortunate claim or complain with respect to said vehicle. For all purpose as it stands you are still the registered owner of the vehicle in records of transport authorities and being so you should be diligent in tracing your vehicle and should take its custody unless at least a sale agreement is executed between you and the other person. In absence of valid contract of sale or transfer of ownership you are liable for all the penalties under the provisions of the Motor Vehicle Act.

About Author

Team TNV

The author is a senior Journalist working in Goa for last one and half decade with the experience of covering wide-scale issues ranging from entertainment to politics and defense.

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