What is the process for releasing a motor vehicle from mortgage?
1 Answers
Requires bringing the original ID card of the motor vehicle owner, the original ID card of the mortgagee, the motor vehicle registration certificate, and the legally executed main contract and mortgage contract. Go to the vehicle management office business hall, queue to get a number, then submit the documents at the acceptance window; pay the relevant fees; receive the completed and endorsed motor vehicle registration certificate. The process is completed within one working day from the date of acceptance. If there are suspicions regarding the submitted vehicle, documents, or certificates, the case will enter an investigation procedure.