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Can a used car Dealership sale a car with a title not in there name and has a lien on it?
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∙ 14y ago
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∙ 14y ago
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Is it illegal to sell a jet ski without a title?
no it is not illegal to sale it with out the title as long as it is in you name and there is no lien on it and you can get a title for it.
How do you put a lien on an auto that you have a financial interest in but your name is not on title and it is going up for sale soon?
You will have to get a new title showing yourself as lien holder
Can you repo a car when the title with no lien and registration is still in your name?
there is also no bill of sale on it.
Can you get a title with just a bill of sale?
you can get a bonded title. or put a mechanics lien on it
What happens if you do buy a car or motorcycle that has a lien against it and you want to register it and you got the car with a bill of sale?
you will have to find out who has a lein on it have them fill out a fourm of lein satisfy. In most states a lien holder is recorded on the title and the lien holder will keep the title until the lien is paid off. After the lien holder is paid off, they will sign the title to release the lien and give/send the title to the owner. The title office can tell you who has a lien on the title.
Lein home husband taxes?
If you have a lien it will have to be satisfied at time of sale to clear title.
How do you get your lien paid when a homeowner sells his house?
The title company handling escrow and the documents should see the lien, which should be recorded, when they do the title search. When the sale goes through, the amount of the lien will be included in the settlement. If there will not be enough money, the debtor should be required to pay the lien and present a paid receipt for it. Possibly you could do a little research if you are aware of the sale of the house and call the title company to be certain that the lien has been found.
Can an owner of an apartment complex sell apartments if he has a lien on them?
The lien will have to be paid before the sale can go through. Possibly the amount of the lien could come out of the sale proceeds, but you would have to check with the title company to see if this is legally possible.
If there is a judgment lien on a property can any one of the co-owners be removed from the deed?
No, there can be no title transfer, sale or refinancing until the lien is paid.
Who holds title of a private party sale while still making payments?
The private seller holds the title until paid in full, he should transfer the title to private buyers name and place a lien on title then the title will be mailed back to the private seller and once vehicle is paid the seller signs off on the lien and mails the title to the buyer. A contract/bill of sale should be signed by both parties to the payment agreement established for the protection of both parties.
Can you include a stipulation saying that a lien get paid with the sale of your home?
Generally, a buyer won't buy a home with an outstanding lien, because clear title can't be passed to the buyer. If you can afford to wait until property close and there is enough money available in the sale transaction to pay the lien, you can pay a lien with sale proceeds. Be aware however, that a clouded real estate title raises questions, so waiting until the sale closes might not be the most politic choice.
Will having a lien prevent the purchase of a home?
Yes. A lien must be paid off before a property can be sold or mortgaged. In the case of a sale, the buyer's attorney will make certain the lien is paid from the proceeds of the sale before the buyer takes title.Yes. A lien must be paid off before a property can be sold or mortgaged. In the case of a sale, the buyer's attorney will make certain the lien is paid from the proceeds of the sale before the buyer takes title.Yes. A lien must be paid off before a property can be sold or mortgaged. In the case of a sale, the buyer's attorney will make certain the lien is paid from the proceeds of the sale before the buyer takes title.Yes. A lien must be paid off before a property can be sold or mortgaged. In the case of a sale, the buyer's attorney will make certain the lien is paid from the proceeds of the sale before the buyer takes title.
