Sold vehicle? Ensure you don't own it
Vehicle Sellers Beware: See To It That Transfer Is Recorded
A T Subrahmanya | TNN
Bangalore: If you've sold your vehicle, don't forget a critical part of the transaction. Transport department officials say every day they encounter cases where people complain that though they have sold their vehicles, they still get notices for traffic violations.
That happens because in most cases, the old vehicle continues to be registered in the seller's name as many are only interested in the monetary transaction.
SELLER'S RESPONSIBILITY
Transport commissioner Bhaskar Rao told TOI, "It's the
seller's responsibility to ensure the transfer of ownership is noted in the registration certificate of the vehicle. In several instances, even educated people sell their vehicles without the necessary paperwork and end up in trouble later.''
The most common complaints are about traffic violation tickets. These are generated by computers which picks up the address from the transport department records. If a person has not notified the change in ownership to the department, he'll continue to receive the notices even though he may have sold the vehicle years ago. Officials say the trouble gets worse if the vehicle is involved in an accident or used for nefarious activities. Even though cases of terrorist activities have not been reported, officials say there are chances that people who buy a vehicle may use it for unethical purposes.
INTIMATE RTO
According to transport department officials, when a vehicle is sold, it is mandatory on the part of transferor (seller) to intimate the Regional Transport Officer concerned by sending Form 29 and 30 in duplicate. Even the transferee should apply and obtain transfer of ownership within 14 days of the transaction. The delivery note or sale receipt has no relevance as far as Section 50 of the Motor Vehicles Act is concerned.
Transport department officials also said the transaction will be recorded only when both seller and buyer intimate the RTO.
TICKET TO RIDE
You'd expect rule-enforcers to follow rules. But, recently a retired DGP received 19 traffic violation tickets for a vehicle he had sold to an acquaintance! |
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