What are the consequences of not transferring motorcycle ownership?
1 Answers
Failure to transfer motorcycle ownership involves liability issues. If the vehicle has not undergone mandatory inspections or has reached the scrapping standard without being decommissioned, the owner will be unable to process any motor vehicle-related or driver's license services under their name. The detailed impacts are as follows: Damage to interests: When buying or selling a used motorcycle with only a signed agreement but no ownership transfer, the previous owner can still use the vehicle as collateral, harming the interests of the new owner. According to Article 31 of the 'Road Traffic Accident Handling Regulations', 'If the motor vehicle driver is temporarily unable to compensate, the driver's employer or the owner of the motor vehicle shall be responsible for advance payment.' If the ownership transfer is not completed, the seller remains the legal owner. This means that if an accident occurs involving the vehicle, the seller will be held liable, and if the driver flees, the seller will bear full responsibility. For the buyer: Although in possession of the used vehicle, the ownership rights have not been transferred to their name, which may lead to disputes in the future.