A lack of attention to documentation could cost you
heavily, especially if the responsibility for someone else’s blunder
falls on you.
Dilip Kumar, a Chennai-based
businessman, discovered this recently when a police sub-inspector landed
at his doorstep on a calm Saturday afternoon. A decade ago, he had sold
his scooter to a friend who himself sold the vehicle later. Kumar knew
his scooter trail only to the third buyer but what was unknown to him
was that at some point, his old vehicle got involved in a hit-and-run
case. Legally speaking, he is at fault!
Regional
Transport Department sources and city police add that many like Kumar
make the mistake of not completing the Transfer of Ownerships forms
number 29 and 30 while selling a vehicle. Thus, the vehicle remains
under the name of the original owner who is liable in case of an
accident.
During the sale of a vehicle, the buyer and
seller need to fill and sign both the forms and submit it to the
Regional Transport Office under the jurisdiction of residence of the
buyer.
The Original Registration Certificate of the
vehicle and a copy of proof of address of the buyer must be furnished
along with the submission which has a government fee.
Following
address verification, the Regional Transport Officer stamps the change
of ownership on the RC making the sale of vehicle legal.
While the RC goes to the buyer, the seller retains a copy of the RC with the fresh stamp.
http://www.thehindu.com/todays-paper/tp-national/tp-tamilnadu/devising-solutions-for-parking-in-the-bylanes/article7060669.ece
http://www.thehindu.com/todays-paper/tp-national/tp-tamilnadu/devising-solutions-for-parking-in-the-bylanes/article7060669.ece
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