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.
Let’s say for example that we have one or more traffic fines pending payment, the town hall or DGT Traffic department will try to charge the pending amount from our bank account. In the event of insufficient funds or impossibility of charging the pending amount, an embargo annotation on the vehicle is very probable or almost certain.
What does an embargo mean for you, THE OWNER, what can you still do with the vehicle?
(BUT: The DGT Traffic department and owner must inform the new buyer of the embargo on the vehicle, being necessary to sign a document according to which the new owner is aware of the embargo.)
What does an embargo mean for you, THE BUYER, can you buy a car with embargo?
If you want to find out if a vehicle has an embargo or seizure, ENTER YOU REG and request a COMPLETE official DGT traffic department REPORT below.
The function of the Precinto (Seizure) of a vehicle is to prevent its legitimate owner from accessing or using the asset.
The vast majority of seizures are administrative and issued by Spanish local councils for a prolonged non-payment of the IVTM tax. In this case, we will be able to find out this information with a COMPLETE official DGT traffic department REPORT.
In some cases, the Seizure can be of judicial type, judicial precinct or seizure is one ordered by a court such as in the case of an investigation.
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