How can I transfer, sell, or share possession of a motorbike or goods to a third party while the motorbike or goods are still under financing in my name?

It is essential to obtain the Chailease Berjaya’s permission before transferring, selling, or sharing possession of a motorbike or goods that are still under financing in you name. Engaging in such activities without permission is illegal and may result in penalties as you remain fully responsible for any liability and losses incurred until the HP loan is fully settled. If you intend to sell the motorbike or goods and use the proceeds to settle your HP loan, it is crucial to obtain the Chailease Berjaya’s consent. Additionally, you should make arrangements for the sale proceeds to be directly paid to us. In the event of a shortfall, you will be responsible for repaying the outstanding balance. Conversely, if there is a surplus, it will be refunded to you by us. To ensure compliance and a smooth process, it is strongly advised to communicate with us.

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