Buying a car by power of attorney: why you might lose it.


Buying a car by power of attorney does not guarantee real ownership rights and carries significant risks for the buyer, despite the prevalence of this practice in the secondary market.
This is confirmed by experts' responses to the questions of a reader from the Yuristy.ua portal.
According to Angelika Lysak, a lawyer from Kyiv, so-called buying a car by power of attorney is not actually a purchase in the legal sense.
There are no safe options with power of attorney. You will not become the new owner, but only a temporary user, the lawyer explained.
The question of the safety of such transactions became especially relevant after the adoption of Resolution No. 1132, which limited the ability to register a second car for one person with subsequent resale without financial losses.
Yuriy Zelenko, a lawyer from Zaporizhzhia with 25 years of experience, noted that certain protective mechanisms do exist.
You can secure the car and include it in the Register of Encumbrances on Movable Property. However, the tax service and state enforcement service may ignore such restrictions, he warned.
The expert shared his own experience, recounting that he had to spend two years in court to lift the tax lien, despite having a mortgage agreement with all prohibitions.
Thus, individuals planning to purchase a car by power of attorney should be aware that full protection against possible arrests, prohibitions on alienation, or removal from registration legally is practically impossible to ensure.
Read also
- Free Medicine and Pension: Ukrainians Informed About New ZUS Conditions in Poland
- In Ukraine, the conditions for employee dismissal during martial law have changed
- Integration or Return: Czech Republic Announces New Plan for Ukrainians
- Scandinavian winds and rains attack Ukraine: Didenko warns of weather surprises
- Ukrainians have been shown the new prices for cereals: what has decreased in price and what has increased
- Surprise at the gas station: Fuel prices for all types of fuel have risen in Ukraine