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Transfer Of Ownership - Autos - Nairaland

Nairaland ForumNairaland GeneralAutosTransfer Of Ownership (789 Views)

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Transfer Of Ownership by kaykad(op): 10:29am On Mar 18, 2016
Hi house,

I just sold my car and have issued a receipt to the buyer, am still restless because all the car document are still in my name and the buy is yet to do transfer of ownership, am worried becos if anything happens the car will be trace to me. please advice.
Re: Transfer Of Ownership by SenJoe(m): 10:51am On Mar 18, 2016
Why should you be worried? You are suppose to issue sales receipt /sales agreement. If all these where done. You have no worries.
Re: Transfer Of Ownership by kaykad(op): 11:43am On Mar 18, 2016
done that sir, but wont i be needing my plate number back? Thanks
SenJoe:
Why should you be worried? You are suppose to issue sales receipt /sales agreement. If all these where done. You have no worries.
Re: Transfer Of Ownership by SenJoe(m): 2:07pm On Mar 18, 2016
kaykad:
done that sir, but wont i be needing my plate number back? Thanks
Well, it all depends on the agreement you had with the person who bought it. You may decide to give him or retain it.

Bottom line is the agreement you guys made before the transaction.
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