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 Change Of Ownership Without Runner Procedure, D.I.Y / Runner / Home Appointment

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vincent_ng86
post Aug 11 2017, 04:49 PM

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QUOTE(Yapmy @ Aug 11 2017, 11:46 AM)
Hello guys. Can I check, if the car seller is selling to a buyer who is taking a hire purchase loan, how does the seller ensure that he will be paid after doing the name transfer at JPJ? This is assuming the B5 and B7 was done prior to that.
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Speaking from what I think and will be going through next week, the transfer at JPJ is to the bank as the hire purchase rightful owner will be the bank.

Bank will release the fund right after the completion of name transfer.
vincent_ng86
post Aug 14 2017, 12:37 PM

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QUOTE(Yapmy @ Aug 11 2017, 05:01 PM)
You mean the name of owner is the bank? Who will be doing the transfer at JPJ?
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You will need to bring the B5 and B7 Puspakom result together when visiting JPJ as the owner and the buyer to do the name transfer.
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