Does transferring ownership without relocating the vehicle file have any impact?
1 Answers
When transferring the ownership of a motor vehicle, it is necessary to relocate the vehicle file. If the file is not relocated, any future issues with the vehicle will need to be handled by the vehicle management office in the original location. Necessity of ownership transfer: Completing the transfer of ownership for a used vehicle legally finalizes the change of ownership, ensuring the legality of the vehicle's origin, such as avoiding purchasing smuggled or stolen vehicles. It also clarifies the division of responsibilities between the buyer and seller regarding the vehicle, including debt disputes and traffic violations, safeguarding the legitimate rights and interests of both parties. Conditions for ownership transfer: The vehicle must have a legal origin and complete documentation, no outstanding bank liens or court seizure records, no unresolved traffic violations or accident records, no outstanding fee records, and all required documents must be complete.