This share transfer/ownership agreement (“agreement”) was concluded on September 15, 2010 under and between 连能科技科技, “Dalian Landmark Energy Technology Co, Ltd.”), a limited liability company incorporated under the laws of the People`s Republic of China, Te-Hung Chou (“owner”), owner of shares or interests in the 连连商科技科瑞能商, Co., Ltd (“Dalian Aquarius”), a limited liability company created in accordance with the laws of the People`s Republic of China, Landmark Energy Enterprise Inc (“LNDG”), a Nevada company, and Dalian Aquarius; Dalian Landmark, Dalian Aquarius, LNDG and Owner are collectively referred to as the “parties”. It is very important that the seller or previous owner transfers the property to the new buyer at the time of the sale of the vehicle, since the seller or previous owner is in difficulty and legally responsible for all offences committed by the buyer or new owner in a car without transfer of property, such as traffic offences, traffic offences, accidents, if this is the case, offences committed with the car, etc. The above documents are the three important documents that would be required in all cases of buying a used bike. In addition to these three mandatory documents, there are also other documents that must be filed when buying or selling a used bicycle. These documents depend on how the bike is bought or sold second-hand. So let`s take a look at the documents that are needed in different bike transfer cases – there are three scenarios where the transmission of bike ownership is necessary. These are the: The two-wheeled ownership transfer process is both ways, which means it must be initiated by the seller and by the buyer. Transferring ownership of a bicycle involves presenting all the documents necessary to influence the transfer of ownership from the previous owner to a new owner. Completing all necessary forms and obtaining relevant certificates helps complete the transfer process with the subsequent issuance of the Transfer Vehicle Registration Certificate (TVRC). You can thus acquire the legal possession of this bike thus purchased. For the transfer of ownership, you need to perform a detailed and gradual process.
Other requirements for such a transfer must also be met when purchasing a used bike. According to the latest vehicle rules, a transfer of ownership of the bike must be made during the journey. Thus, the bike without transfer of ownership is sanctioned by a penalty of 2,000 aff. The transfer of ownership of bicycles can now be carried out in two ways: the registration certificate serves as proof of registration of bicycles and is therefore an essential document. It is also part of the list of documents that you must submit to the Regional Transportation Agency (RTO) when transferring ownership. Once all documents have been transferred by the seller to the buyer, the process is complete. Look at some clues you need to deal with during the transfer process. As a general rule, the buyer must bear the cost of transferring ownership of the vehicle, unless the seller expressly agrees to pay them during the sale. The buyer`s and seller`s signatures on a proof confirm the conclusion of the sale by mutual agreement.
This receipt also contains information about add-ons or taxes paid when transferring ownership of the bike. ⮚If the two-wheeler is purchased or sold in the same state, a certificate of non-objection from the RTO would be required.