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I sold my car 4 months back to a friend. He has paid me the amount agreed for the transaction but he
01-May-2023 (In Documentation Law)
I sold my car 4 months back to a friend. He has paid me the amount agreed for the transaction but he has transferred the car in his name yet. I don't want to get in trouble if he meets up with an accident or any illegal issue with the car. What can i do so that i am no longer legally responsible for the car?
Was payment received by cash or cheque? RTO Form Number 29, 30 are considered Sale Transfer Forms. This needs to be signed by both Seller and Buyer with 2 Copies required. Send a letter to RTO where your car was registered informing them that you have sold the car and handed over original papers of car to purchaser.
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Adv. Siddhant Sharma
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