At Karventure, transparency is our core value. When you apply for a logbook loan, we use the NTSA TIMS/Transport Integrated Management System (TIMS) portal to verify ownership in real-time. This protects both the client and the lender from fraud.
What is a Joint Registration?
During the loan period, a joint registration is placed on the logbook. This means you cannot sell the car without our consent, but you remain the primary owner and operator. Once your final payment is cleared, we initiate the online caveat removal immediately.