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Can you get a title for a car that was sold to you but has a lien on it?
Wiki User
∙ 13y ago
The lien must be paid off and the title must then be signed over to you. You cannot insure and register the car in your name without a title.
Wiki User
∙ 13y ago
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How long does the company have after the car is sold to sue for amount owed on car?
This is an almost impossibility, unless the title has been doctored. If "the company" sold person A the car, the title contains that company's name as a lien holder, which means that the car cannot be transferred to another person without the approval of "the company". Look at a car title from a dealership, for example, and see what color it is. Then look at a title for a vehicle that is paid for and is free and clear. The dealership title has the dealership name on it as the lien holder, different color title. The free and clear title has no lien holder and is a different color. If a car has been sold with a lien holder, person A is responsible for payment for the car, regardless of who is driving it.
How do you get a car that has a lien on it in your name registered in your mother's name since she is the one who will be driving it?
A vehicle with a lien holder named on the title cannot be traded, transferred or sold without the title being cleared by the lien holder.
What is the limitation on a car with a lien on it before you can get the title?
If the car has a lien, you usually have to pay off the lien before you can get a clear title. Otherwise, in this state you have the name of the lien holder on the title.
What happens if i buy a car with a lien title from the owner?
A lien title means that the car has a loan against it. If you do not have a "clear" or non lien title, the lender who hold the clear title can and does have the right to get the balance of the loan from you. The purpose of the lien title is to enable the car buyer to get the legal requirement for driving the car from the state. It's like renting the car in essence; the lien title is almost like the lease agreement for an apartment.So if a lien title is all there is...don't buy the car. It's not his to sell.Somebody has to settle the lien before you can legally own or register the vehicle.
Can you put a lien on a car if there is no lienholder on the title?
If the car is put up as collateral for a loan, and that loan is not repaid according to the written agreement then a lien will be placed on the title. If you sell the vehicle the lien holder will be paid first before you are able to put any money into your pocket. Never use your car as collateral for any loans ... cars lose their values and soon enough the lien (loan) will be more than the car is worth. The lien still has to be paid off when it's sold, even if the lien amount exceeds the price the car is sold for.
How do you transfer ownership of a car to co signer?
Title of car must be signed over to the person the car is being sold to. Unless it is under lien.
Car and the car title is in your name but the person sold the car without your permission and there is no lien on the car How do you go about getting the car back?
That is a stolen vehicle and should be reported to the police as such. The vehicle cannot be legally licensed and registered without the lien release from the title loan company. There is no lein. Car paid for in full
What does it mean if there's a lien on a car title?
A lien on a car title most typically means that money is still owed on the car. When a person takes out a loan on a car a lien is put on the title until the full repayment of the loan.
What to do when you sell a car with the title being in pawn?
If you sell a car with a lien on it, which is a title pawn. You must pay the lien off before the car is clear and you can get the title back.
Can you get a title to a car that has a lien on it?
Contact whoever has the lien and talk to them.
Can you put a lien on a Texas car bonded title?
Yes, you can put a lien on a bonded title.
Can a car be repossessed with title and no lien on it?
no
