December 2, 2020 - No Comments!

Agreement To Sell Vehicle In India

Perhaps the seller`s most important concern would be that the vehicle`s securities be transferred to the buyer as soon as possible. The absence of the latter could make the seller liable for injuries or accidents that occurred prior to such a transfer of ownership. All tralans for traffic violations are sent to the seller`s registered address. The worst nightmare for any seller would be the vehicle that lands in the hands of unscrupulous elements and is used for any criminal activity. Although such accusations may be refuted later, the pain and agony they initially engender are terrible. In order to avoid such unpleasant incidents in the future, it is advisable to obtain an affidavit for the sale of vehicles on behalf of the purchaser and to hold it in the possession of the seller. The purchaser of a vehicle must ensure that the vehicle is free of any traffic offences and that no fines are to be paid. This can be guaranteed by checking the city`s traffic police portal. It is important to ensure that the seller`s identification is verified and that the signatures on the forms must be made in the presence of the buyer. The buyer must ensure that the seller has and has, among other things, all the necessary documents in terms of registration, taxation, insurance. Ideally, a copy of the seller`s identity document should be collected after checking the original.

From the buyer`s point of view, choosing a used vehicle has its own advantages - if the vehicle is reasonably new. For example, there are no high registration or insurance fees to pay, as is the case for new vehicles. "You need to create insurance policies because the person or company that buys a car offers you a better price for your car. However, you have the option to sell your car without insurance. If you have decided to sell your car without insurance, the resale value of your car will decrease by a considerable amount. Generally known as a controlled pollution certificate, it is important because it certifies that your vehicle`s toxic chemical emissions are under control. It is carried out on the basis of smoke and emissions tests for petrol, diesel and CNG vehicles, while battery-powered vehicles are excluded from the test. You can have your PUC test performed at any approved test centre or on authorized gas pumps.

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