LTO to impose up to PHP40K penalty if you dont transfer vehicle registration

[oj88]

I guess I hold a different view for two reasons. The fines are excessive. As you pointed out here, a second hand motorcycle costs around 15k. The total fine is 40k.

Why require the seller to notify LTO of the sale if the the seller will not be absolved of liability anyway according to the AO? It's as if they just want the information from the seller to be able to fine the buyer. That's not good faith.

No worries.

But in my defense however, I have read through the preambles of the AO (all those statements that begins with "WHEREAS") and I see no counter-intuitive arguments. It may seem self-serving at first but in the grand scheme of things, this is another gate for wrongdoers to pass through in order to curb fencing, among other schemes involving the illegal sale and transfer of MVs.

Also, I have already addressed the liability clause.... there are exceptions to it and I've seen this exception applied to my previous boss.

[Motortrend]

No worries.

But in my defense however, I have read through the preambles of the AO (all those statements that begins with "WHEREAS") and I see no counter-intuitive arguments. It may seem self-serving at first but in the grand scheme of things, this is another gate for wrongdoers to pass through in order to curb fencing, among other illegal schemes involving the sale and transfer of MVs.

Also, I have already addressed the liability clause.... there are exceptions to it and I've seen this exception applied to my previous boss.

Yes, there are exceptions under the Registered Owner Rule but our point is that why require the seller to notify the LTO (under pain of a 20k fine) just to say that it does not absolve the seller of any liability? The mere fact that it is not transferred within x number of months from the sale (for example) would entail x amount of fine would have done the job.

[oj88]

Yes, there are exceptions under the Registered Owner Rule but our point is that why require the seller to notify the LTO (under pain of a 20k fine) just to say that it does not absolve the seller of any liability? The mere fact that it is not transferred within x number of months from the sale (for example) would entail x amount of fine would have done the job.

That's why they need to work out the kinks. I can't mind-read whoever wrote 6.1, but I'm almost certain that they were considering specific scenarios..... or simply, as a "catch-all" statement. But if you've kept everything on the up-and-up, under closer scrutiny and investigation, the seller will eventually and surely be absolved.

[dr. d]

Yes, there are exceptions under the Registered Owner Rule but our point is that why require the seller to notify the LTO (under pain of a 20k fine) just to say that it does not absolve the seller of any liability? The mere fact that it is not transferred within x number of months from the sale (for example) would entail x amount of fine would have done the job.

baka raw, "seller" submitted a fake deed of sale, so he may escape from his car's fender-bender responsibility.
his claim of sale needs corroboration from the buyer...

so yes, it needs a good overhaul in the lyrics, and a thorough look-thru on current car ownership transfers.

what about,
"sir, this car you are renewing registration. is it yours? show me your ID, please. otherwise, as per law, 'renewal denied' and car is impounded" - draco.
heh heh.

[Miles_on]

what about,
"sir, this car you are renewing registration. is it yours? show me your ID, please. otherwise, as per law, 'renewal denied' and car is impounded" - draco.
heh heh.

Following this, pag nautusan yung mga driver to renew the car registration it'll wind up in the impounding lot too...

[dr. d]

Following this, pag nautusan yung mga driver to renew the car registration it'll wind up in the impounding lot too...

yespo.
currently kasi, anyone and anyone, may renew car registration, no questions asked.
i renew mine personally, because i like to take advantage of their old-man-jumping-the-line privilege.
heh heh.

[Motortrend]

baka raw, "seller" submitted a fake deed of sale, so he may escape from his car's fender-bender responsibility.
his claim of sale needs corroboration from the buyer...

Hmm. When one sells land, there is no requirement for the seller to notify the RD.

[dr. d]

Hmm. When one sells land, there is no requirement for the seller to notify the RD.

what's an RD ?

[Motortrend]

what's an RD ?

Registry of Deeds.

[dr. d]

Registry of Deeds.

oh!
so who informs the registry of deeds, who owns what piece of real estate?