Do You Need Your Spouse’s Signature to Sell a Car in Vietnam?

Early this year, Mr. Ba, our neighbor, decided to sell his old Hyundai 75S truck to upgrade to a new one. He had his eye on a Thaco Ollin truck at a dealership on Giai Phong Street. Excitedly, he sold his old truck and put down a deposit on the new one without telling his wife. However, when it came time to transfer the ownership, the authorities required his wife’s signature. The deal fell through, and he lost both his deposit and the old truck. Mr. Ba had to beg his wife for forgiveness and pay a hefty price to appease her anger.

Mr. Ba’s story serves as a lesson about financial transparency in marriage, especially when dealing with valuable assets like vehicles. So, do you need your spouse’s signature to sell a car in Vietnam? Let’s delve into this important legal matter with Xe Tải Hà Nội.

Selling a Car: What Does Vietnamese Law Say About Spousal Consent?

According to the 2015 Civil Code and the 2014 Law on Marriage and Family, a car is considered joint property if acquired during the marriage. Therefore, selling a car that is joint property requires the consent of both spouses, evidenced by their signatures on relevant documents.

For a clearer illustration, let’s consider a married couple who owns a family car. A family car with a happy couple inside.

In this case, if the husband wants to sell the car, he needs his wife’s signature on the sales documents. Lacking her signature could lead to the transaction being voided and the husband facing legal repercussions.

Furthermore, the law clearly stipulates the process of selling a car in cases of divorce. A divorcing couple discussing asset division with a lawyer.

If the car is deemed joint property and listed in the divorce agreement, selling it requires the consent of both parties. Violating the divorce agreement could result in lawsuits and unnecessary complications.

In conclusion, selling a car considered joint marital property in Vietnam requires the consent of both spouses, demonstrated by their signatures on the necessary paperwork. The absence of a signature can lead to a voided transaction and serious legal consequences.