How to Prove the Actual Investor of a Vehicle?
1 Answers
Actual vehicle purchasers only need to provide payment records under their name to prove they are the true owners of the purchased vehicle. If third parties' financial records do not show the vehicle and they cannot provide sufficient evidence to prove ownership, the purchaser will be recognized as the actual owner. Vehicle ownership is not simply determined by the name on the vehicle registration certificate. Below is a detailed explanation: Article 23 of the Property Law of the People's Republic of China stipulates that the establishment and transfer of movable property rights take effect upon delivery, unless otherwise provided by law. Article 24 states that the establishment, alteration, transfer, and termination of rights in ships, aircraft, motor vehicles, and other such properties shall not be asserted against bona fide third parties unless registered. Motor vehicles are special properties that must be registered with the vehicle management department before use. However, this registration is not a requirement for property rights transfer but a management registration for administrative convenience. Whether registered or not does not affect the validity of the property rights transfer. Therefore, according to the above laws, motor vehicle property rights transfer upon delivery. As long as the seller delivers the motor vehicle as the subject of transfer to the buyer, ownership is transferred to the buyer. Additionally, according to China's motor vehicle registration regulations and related laws, the vehicle registration certificate is a legal document issued by public security authorities for road use. The vehicle management department determines the registered owner based on the applicant's proof materials, but this is not an ownership registration. Thus, the name on the registration certificate is not the sole basis for proving ownership. When other evidence sufficiently proves that the registered owner is not the actual owner, the true owner should be determined through legal proceedings.
