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Author :
Rajdeep Sanyal
Posted On 05 April 2012 at 08:14
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What are the legal formalities to sell of a used bike to some unknown person for some consideration ?
How can i transfer the ownership of my bike to that person ?
What is the legal formality and should i issue any receipt in relevant to the amount i will be receiving ?
Please Help and Thank you in advance for the valuable suggestions and opinions.
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Expert :
raj kumar makkad
Posted On 05 April 2012 at 08:27
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You exchange the duly sworn affidavits of each other, you shall also have to sign form 29 & 30 in duplicate to the buyer necessitating him to get the registration changed in his name. You shall have to handover to buyer RC, insurance, fitness and any other document related to the vehicle in question.
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Expert :
Deepak Nair
Posted On 05 April 2012 at 09:04
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Yes. You have to make a declaration/affidavit to that effect stating that you have sold vehicle to so and so and have received an amount in consideration of the same. Rest is as explained by Mr.Rajkumar
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Author :
Rajdeep Sanyal
Posted On 05 April 2012 at 11:41
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Thank you very much raj kumar makkad and Deepak Nair. But one part is not clear with me that what is a normal affidavit and what is a duly sworn affidavit ?
Please explain. Thank you
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Expert :
Deepak Nair
Posted On 05 April 2012 at 12:00
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Duly sworn affidavit means affidavit sworn and signed before a notary and affirmed by the notary. All affidavits are to be duly sworn. There is nothing called normal affidavit.
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Author :
Rajdeep Sanyal
Posted On 05 April 2012 at 12:55
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Thank you. I was a bit confused. I was not aware of the fact that affidavits which are signed and affirmed by the notary public are called duly sworn affidavits. I knew that those were called just affidavit.
Thank you for letting me know the new term Sir.
Thanks a lot for your help.
Have a nice Day . :-)
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Expert :
ESTHERPRIYA
Posted On 05 April 2012 at 14:13
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There are agents acting for it. You can contact them.
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Expert :
Deepak Nair
Posted On 05 April 2012 at 15:30
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Always welcome dear.
Have a nice day to you too.
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Expert :
V R SHROFF
Posted On 05 April 2012 at 23:39
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well advised.
Keep photos, address, video clip of trf sign & deal + witnesses. Get photo stick to aff+ drv lic
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