I BELIEVE that 5 years is the 'reach-back' point. If it was done more than 5 years ago i BELIEVE that you're okay.
One can find listings of owner financed real estate at the website "local". This website lists all owner financed real estate in your local area or wherever you want to search for it.
A local realtor may be able to help you.
Sue the owner of the car, since the owner was likely required to carry insurance as part of the financing deal.
Before buying an owner financed rent to own home be sure to have the contract checked out by an attorney. It is necessary to know what might violate the contract prior to signing.
A lien holder is someone who has a financial interest in a car. It could be the bank you financed it from, or someone else who the car owner owes money to. The car owner's name is on the title with the lien holder's name so that you can't sell the car without the lien holder signing the title...this means that you don't owe the lien holder any money on the car. The car is now 100% owned by the title owner.
TNA wrestling owner is Ted Turner its run by money from the WCW days Jeff Jarett started it but its financed by WCWs Ted Turner
The home owner actually "finances" or accepts payments fom a private individual, in a seller financed mortgage deal. Many homeowners are reluctant to do this for many valid reasons.
NO, it is NOT legal.
Once you have paid off the loan to the seller, or the seller's estate or heirs, they should give you a lien release.
It tells about the capital structure of the company-how much it is debt financed and how much owner's equity is there.
You have to make the payment, but you also need to start forclosure yourself. Get the property back and sell it again.
This is your decision. If the vehicles are financed then the finance agreement you have with the bank or finance company will require that you carry physical damage coverage. If the vehicles are paid for and not financed then the decision is completely up to the owner of the business. The owner will have to weigh the risk of loss versus the premium to carry physical damage coverage.