How To Buy A Car With A General Power Of Attorney

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How To Buy A Car With A General Power Of Attorney
How To Buy A Car With A General Power Of Attorney

Video: How To Buy A Car With A General Power Of Attorney

Video: How To Buy A Car With A General Power Of Attorney
Video: Motor Vehicle Power of Attorney - GUIDE 2024, November
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If you are going to buy a car under a general power of attorney, then, in most cases, you are entering a minefield. Yes, from the point of view of paperwork, it is easier: I took the car, gave the money and no extra paperwork needed to be drawn up. However, in reality, everything does not turn out so cloudlessly. Therefore, you need to be very careful when purchasing a car by proxy.

How to buy a car with a general power of attorney
How to buy a car with a general power of attorney

It is necessary

  • - Passport;
  • - documents for the car;
  • - car;
  • - vehicle owner;
  • - money;
  • - notary.

Instructions

Step 1

When purchasing a car under a general power of attorney, remember that you do not automatically become the owner of this vehicle. By legal standards, you are just a person who can legally use a car for a certain amount of time. Although at the same time you give a fairly large amount of your own money for it. If this option suits you, then go with the owner of the car to a notary in order to issue a power of attorney.

Step 2

You will need a passport to complete all the necessary documents. The owner of the vehicle is obliged to provide his set of papers, which includes an identity card (all the same passport), a technical passport of the car and the so-called "blueprint". Based on all the data he has, the notary draws up a power of attorney, which the owner of the car signs and gives you. Now you can use this vehicle legally. Only this form you will always have to carry with you so as not to violate Part 1 of Article 12.3 of the Administrative Code (driving a vehicle without documents confirming the right to own it). For such an offense, your car may even be confiscated and sent to a penalty parking lot.

Step 3

The power of attorney is drawn up either after you give the money for the car to the owner, or just before you give it away. If the owner of the car is yours - a good friend, and you trust him, then you can pay for the car before the paperwork. If the person is not very familiar to you, then the risk is not worth it. In any case, it is best to ask the seller for a receipt stating that he received the money from you and has no complaints. This will minimize the possibility of problems occurring.

Step 4

Remember that when buying a car under a general power of attorney, you are at great risk. Firstly, the owner remains the one on whom the car is officially registered. This means that at any time he can revoke the power of attorney and revoke his car back from you. Naturally, without refunding the money. Secondly, in the event of the death of one of those indicated in the power of attorney, the car can also be easily lost. If the owner dies, then, according to the law on inheritance, his heirs take over the rights to own the car. And they did not conclude a power of attorney with you, so they can easily confiscate the car from you.

Step 5

In the event of the death of the buyer, his heirs can count on the ownership of this car only in that situation if the owner is an extremely noble and decent person and agrees to re-register the vehicle for them. You can also lose "your" vehicle if the owner has any debt obligations to the state. If they are not paid, all the property of the debtor is seized, including your car.

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