What does a fully paid seized vehicle mean?

[Cecilia]

Fully paid seized vehicle means that the creditor applies to the court to first preserve and seize the vehicle, and then decides its ownership. This type of vehicle cannot be purchased or transferred. The following are the reasons for seizure and precautions: Reasons for fully paid seizure: The main reason for vehicle seizure is the property preservation measures taken by the court based on the application of the parties, or the enforcement measures taken during the execution process. Fully paid seized vehicles cannot be traded: Seized vehicles are legally seized, and during the validity period of the seizure, the vehicle cannot be bought, sold, transferred, mortgaged, or leased. For vehicles seized by the court, property transfer procedures cannot be processed. If processed, it is illegal and not protected by law.