What is the Big Green Book?
1 Answers
The Big Green Book for motor vehicles is the Motor Vehicle Registration Certificate. Motor Vehicle Registration Certificate: The Motor Vehicle Registration Certificate is the property ownership document for motor vehicles, a legally recognized document that is kept by the vehicle owner and should not be carried in the vehicle. If the Motor Vehicle Registration Certificate is lost, it must be reissued promptly. Car Purchase with Loan, Green Book as Collateral: Nowadays, many car owners purchase vehicles with loans, so during the loan period, this Motor Vehicle Registration Certificate is mortgaged with the bank. After repaying the loan, it is essential to remember to retrieve the document from the bank or other financial institutions. Then, have the bank complete the necessary procedures and provide the corresponding proof to release the vehicle's lien at the local vehicle management office.