Submissions of letter from owner of vehicle of his/her offer to sell.

Appraisal/Evaluation, if applicable, which is satisfactory to the Credit Committee is essential.

Certified Copy of Registration of Vehicle (in the name of the owner).

Assignment of Full Comprehensive or Third-Party Insurance

Mortgage Bill of Sale on vehicle or Instrument of Charge (vehicle to be owed by both Credit Union and Member)

Payment of legal fees by applicant.

A member shall not dispose of a vehicle unless written consent is granted by the Credit Union.

On completion of the loan the Credit Union must release the Instrument of Charge and Mortgage Bill of Sale to the member.