Dear Wazuans;

Thanks for your knowledge contribution.

Please help me here; -

I bought a unit from a certain guy. We did sign and executed a sale agreement and he gave me his PIN + ID copy.

The agreement terms were that i pay a down payment in cash and signed by him that he received the cash on the same date - (this is included in the agreement)and then he releases the unit to me.

we did this.

The other clause was that the balance was to be banked directly into his account and then he hands over the logbook to me after final deposit.

After confirming receipt of final deposit the guy went mteja.

I have been to KRA and the unit is still registered in his name.

I have the unit with me and have all evidence of payment as well as the signed agreement.I also have a copy of the logbook.

My fears are if the guy can use the logbook as a security but can banks give money without a valuation report and photos of the unit?

I have the unit with me as per the agreement.

If he does this; the transaction dates will be after the agreement and sale date between me and him - meaning it will be invalid since i already have the unit with me - hivyo basi he will be entering into another transaction after ours with him - since i have the unit will a bank or anyone else be foolish to transact on something they have not seen?

What can i do now? What is the way forward?

What risks are there?

I understand KRA cannot do a transfer to me even if i have all evidence of sale agreement; payment and execution - nifanyeje?

Simu za jamaa ni mteja-

Please advice.

With thanks.

MWS

You need a police abstract..and a concrete one..i suggest you visit Pangani with the car* and all the documents now...saa hii.


*they might demand that you leave it behind...evidence is the kawaida excuse.

Gari ya nyika....pray!!!

Put a caveat ASAP

Get a sworn affidavit from a lawyer and take to KRA 3rd Floor RTD Registry, include all your supporting documents. Ask for Mr. Asiachi (Officer in charge) and present your case.

Great info sir / Madam!

His contacts unazo? - i see you seem to have some experience.

Then what happens after this? It seems the easiest way out since i have all documents icnluding ile ya search nilifanya before we did the transaction.

This seems the easiest way out - Do they then do the transfer?

Gd day.

search in KRA shows the unit is registered in his name - a have a copy of the search - kwani sasa kama KRA can keep wrong records then where are headed?

For your info nowadays banks dont finance cars like kitambo, a transfer has to be done to capture new owner ie if borrower is A N OTHER and financier is NIC bank records must show AN OTHER and NIC bank before they release money.KRA keeps good records but they dont keep a photo of owner so if KBT 987A is owned by George Otieno Mwangi who rents out cars all they need to do is rent the car and make a fake id in mwangis name and river road a copy of logbook showing all the correct data obtained from kra and there u r. Its 90% more likely to be the case unless the seller was struck by lightening.

Valuable info - appreciated!

Francis Asiachi??

@Premio,

.....punguza mbangi!!