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Can you repo a car when the title with no lien and registration is still in your name?
Wiki User
∙ 14y ago
there is also no bill of sale on it.
Wiki User
∙ 14y ago
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After lien is paid where do you sign title in your name?
your local registration office
Can a lien holder stop you from getting your registration?
A lien holder cannot take the registration name of your car without your knowledge because that is only possible through Application for a Duplicate Certificate of Title and proof of identification is a must.
If you are selling a car and the purchaser is paying payments on the car can I be lien holder until they pay the car off?
If the car is still financed then that financier would be the lien holder. If you already hold title then you could technically be the lien holder and keep the title until the buyer pays it off but you would be held responsible for any registration related charges while it's still in your name.
How do you buy a used car from a private party if it's still being paid off?
There will be a lien on their title from their lender. You need a title in your name with them only as the lienholder. Unless you are paying cash, then there would be no lien on your title.
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.
Can i Put a lien on a vehicle to get my name on the title?
A person or a company that puts a lien on a vehicle is a "lien holder" that is on the title. It is not recognized as ownership.
Is there a way to get your title if you still owe on the vehicle?
The buyer/borrower should have a copy of the title, as it is needed to register the vehicle. The title will have the name of the buyer and the name of the company holding the lien on the vehicle.
What rights do a buyer have if his name is on the vehicles registration?
If your name is on the title and registration, you are said to own the car. However, before you can sell it, you would have to clear the lien on the title that the lender put on it. You are responsible for upkeep and so on, including payments until you have satisfied the loan. I know this was supposed to be about rights, but here they are mixed with responsibilities.
In Virginia can a vehicle registration be in only one person's name if two names are on lien?
Yes, only one name is required on Title,although there is more than own guarantor of the loan.
What if your name is on the title of a vehicle but does not show on the registration?
Take the title in to your DMV and show it to them, and get a new registration.
Can you put a lien on a car if you have the title?
That would be counterproductive if the title you hold is in your name. If you are holding the title for someone else, a lien would only make a difference when they sell the car--and it has to meet certain criteria.AnswerNo. You cannot place a lien on your own property legally since there is no separation of title. A lien gives the lien holder a legal interest in the property of another. If you are holding property in your name for someone else, the title is in your name and you cannot place a lien against it.
If someone has a car title that belongs to a person that someone paid for from a title loan place and the person didn't put his name on the lien spot so does the car still belong to him or you or who?
The car belongs to the person listed as the owner on the title. Listing someone as the lien holder does not make them the owner.You can't transfer a motor vehicle when you know there's a lien on it. The lien would be reflected on the title and a prudent buyer wouldn't take title that is encumbered by a lien.
