if the seller can't pay the loan and get a release letter from the bank without the money you are going to pay for it you have to go together to bank, you pay off the loan and they give you the release letter/slip there and then. you then both go down to the rta and transfer the ownership, you can't do this without proof that the bank loan has been paid off as on the current registration it will detail that it was under finance.check with the bank about where/when you can go and pay it off and immediately get the release letter as it won't be all branches at all times, a certain level of staff member will be needed i think.hth
There was a thread recently not sure exactly but you and the seller o to the bank together to pay the loan and you get a release slip .......goes something like that but I am sure someone can clarify !
My husband wants to buy a car in cash but unfortunately it has a bank loan on it, can anyone recommend the safest way to do this as we have to pay the loan off before the transfer is done but we are worried about doing this. TIA.
Get yourselves to the Grand Hyatt on Saturday 9th Nov from midday for this fab event!
Check out our extensive list of fab restaurants to sample while in Qatar...
Check out the latest movies currently showing in Qatar...
Take a look at the after school activties to keep the little ones entertained in Doha
Read our fantastic review of this great read by Dr Judith Thomas
Is set to be the most exciting shopping centre in Qatar and due to open in the third quarter of 2015.
Visit our Schools section
Find out how to get things done
Advice, support and so much more
Check out our Doha Nursery Guide
Visit our Maid Section!
We've got 100s of searchable recipes for you on our Food & Drink site
Programs that will help overcome learning challenges
Got a question about Qatar living? We'll have the answer here...
Our Classifieds is the place for you
Get ready to explore
Looking for a fun hobby?? Take some ribbon embroidery classes!
Check out the latest deals and search all your local restaurants
Find out how here
Visit our After School page
Find out more about these amazingly helpful DVDs and we've got a money off deal for you too!
What's on and where
Visit the Inland Sea
© 2001 -