Sale of hypothecated vehicle
sandeep pilania
(Querist) 01 October 2021
This query is : Resolved
Sir I want to sale my hypothecated vehicle very urgently due to financial problem. My 36 emi are pending and I want that buyer pay the all emi, so which type of agreement or sale deed should I make for legal purpose in haryana state rules
Please advice in detail
Thanks
kavksatyanarayana
(Expert) 01 October 2021
Is the buyer agreed to buy a hypothecated vehicle by paying EMI instantly? Only an agreement between the seller and buyer and the date of sale, sale amount etc. shall be mentioned in the agreement. Consult a local lawyer.
Dr J C Vashista
(Expert) 03 October 2021
You are to clear dues before being sold out/ transferred to buyer.
It is not a legal dispute/ problem for consideration and obligation of experts.
