is it legal/illegal to rent out a car and did not register as a rental company.. in sg of coz..thks.
2007-03-15 20:57:39 · 3 answers · asked by Anonymous in Politics & Government ➔ Law & Ethics
i rent from some1..so now i got a minor acciddent,doesnt involve any other vehicle.i no i hv to pay the damage but they refuse to let me c wat i sign b4 that. y cant let me c the paper i sign?
2007-03-15 21:20:37 · update #1
As with many legal questions, the answer is "it depends".
There's a difference between renting a car out among a few friends, compared to holding yourself out to the public as a source of rental cars. So, context matters.
Also, laws vary by state. So, what's legal in one place may not be legal somewhere else, and vice versa.
As with all legal questions, if your legal rights and liabilities are at issue, consult with a licensed attorney in your area.
2007-03-15 21:02:38 · answer #1 · answered by coragryph 7 · 0⤊ 0⤋
Few years back, LTA had opened up the rental of private registered car by private owner to encourage fewer cars on the road. So long as there is insurance coverage (Normal car insurance don't cover the period of renting, you need to add on the existing insurance), it's totally legel for private owner to rent out a car.
You may check out at LTA website, here is the link: http://www.lta.gov.sg/motoring_matters/motoring_vo_policynschemes_private.htm
2007-03-15 21:07:24 · answer #2 · answered by Tan D 7 · 0⤊ 0⤋
Quite sure it is illegal because you do not the insurance to cover car under rental.
If nothing happens, you are lucky.
If something happens (such as a very bad accident), you may sink into deep trouble.
It may not be worthwhile to do so. Too much risk!
2007-03-15 21:09:47 · answer #3 · answered by Anonymous · 0⤊ 1⤋