How to push the buyer to get the Car registered on his name
Kindly guide on what could be my legal options to push him to get the car tranfered on the new owners name. more
Even if you have th egenuine sale agreements etc., you are the legal owner of the car till the ownership is transgerred and entered into the records of the RTA or RTO.
To expedite the matter, I am of the opinion that you should send a legal notice to the broker as you may not be aware of the actual buyer of the broker. The notice should be that you has sold the vehicle to the broker and executed all documets for the transfer of the ownership and that the broker agreed to get the ownereship transferred. Whether he sells it further or not is of no concern of yours.
Also, your notice should state that in the event of not transferring the ownership within 7 working days from the date of the notice, it would be deemed that the vehicle is being misused malafidely to wrongly implicate you the seller and that the sale agreement
would stand cancelled / null & void, the amount paid by the broker remains forfeited for default and that an FIR would be lodged reporting the vehicle to have been stolen to seek repossession.
Hence, the broker may stay advised to avoid such an eventuality and get the vehicle owenrship changed in the Govt. records IMMEDIATELY. more