An embargo is a maker or indicator of debt on an asset, in this case a vehicle, it can be put in place by the by a court, Spanish Social Security system, Tax Agency SUMA, Town hall, Traffic authorities and other official agencies. The result of an unresolved embargo could result in the seizure of the vehicle in question. click HERE for more information about an embargo.
Impago IVTM means that at least the last years Road TAX has not been paid. In the event of non-payment and the DGT (Traffic department) has been notified, the vehicle cannot be transferred to a new owner. If there is a prolonged period of non-payments an embargo annotation on the vehicle is very probable or almost certain. click HERE for more information about Road Tax in Spain.
A “Reserva de dominio” means there is a reserve clause on a vehicle put in place by the bank or the finance company that financed your asset, in this case a vehicle. click HERE for more information about Reserva de dominio.
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