Under the Motor Vehicle Management Act and its subordinate statutes, a person who wishes to make a transfer registration of a vehicle must register within ( ) from the date of purchase. Which fits the blank?

Question

Under the Motor Vehicle Management Act and its subordinate statutes, a person who wishes to make a transfer registration of a vehicle must register within (   ) from the date of purchase. Which fits the blank?

Accepted Answer

① 15 days. The buyer of a used car must file the transfer registration within 15 days of the purchase date. Missing the deadline can lead to an administrative fine. [Motor Vehicle Registration Decree, Art. 26]