Sentences with phrase «legal ownership of the vehicle»
After the final payment the legal ownership of the vehicle will pass to the user.
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In most cases, a search of the vehicle's DOT # (Department of Transportation Number) and MC # (Motor Carrier Number) found on the cab of the truck proves to be the most valuable link to legal ownership.
Companies hoping to take advantage of the opportunities associated with connected and autonomous vehicles must consider a wide range of legal issues, regulatory challenges, data protection and security, technology standards, intellectual property (IP) ownership and liability concerns.
Commercial Auto - coverage for motor vehicles owned by a business engaged in commerce that protects the insured against financial loss because of legal liability for motor vehicle related injuries, or damage to the property of others caused by accidents arising out of the ownership, maintenance, use, or care - custody & control of a motor vehicle.
It's important that if you are purchasing your vehicle from the legal owner that they are able to provide you proof of ownership along with other necessary paperwork for registration.