answersLogoWhite

0


Best Answer

When you take the money to the seller, make sure when he signs the back of the title over to the new owner (buyer)that he (or you) lists you on the back as the leinholder. It should be right under the buyers name. It wouldn't hurt to have them fill out a bill of sale also, so that you can have a copy of it. The title should be mailed directly to you. Once it is paid for in full, then you can sign off on it and give it to the buyer.

User Avatar

Wiki User

16y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How do you record a lien on a car you are selling and financing to the new owner?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How do you put lien on car that you are selling to a private party?

Record lien on title- as 1st lien holder


How do you put a lien on title with owner financing?

You need to have an attorney draft a mortgage and record it in the land records in order to create a lien on the property.You need to have an attorney draft a mortgage and record it in the land records in order to create a lien on the property.You need to have an attorney draft a mortgage and record it in the land records in order to create a lien on the property.You need to have an attorney draft a mortgage and record it in the land records in order to create a lien on the property.


How do you receive a vehicle title that still has a lien?

You can't. If a vehicle has a lien on it the lien holder is the owner of record of the vehicle.


Does a deed for property complete ownership if it hasn't been recorded yet in NJ?

No. Only you and the grantor know you own the property. You need to record your deed in the land records to notify the public that the land has a new owner. If someone records a lien against the record owner before you record your deed the land will be subject to that lien as long as your deed has not been duly recorded.No. Only you and the grantor know you own the property. You need to record your deed in the land records to notify the public that the land has a new owner. If someone records a lien against the record owner before you record your deed the land will be subject to that lien as long as your deed has not been duly recorded.No. Only you and the grantor know you own the property. You need to record your deed in the land records to notify the public that the land has a new owner. If someone records a lien against the record owner before you record your deed the land will be subject to that lien as long as your deed has not been duly recorded.No. Only you and the grantor know you own the property. You need to record your deed in the land records to notify the public that the land has a new owner. If someone records a lien against the record owner before you record your deed the land will be subject to that lien as long as your deed has not been duly recorded.


Can lien on a house affect the owner's credit if the house was bought with cash?

Yes. A lien will show up on your credit record whether you paid cash or mortgaged your property.


When purchasing land with owner financing does the transaction need to be recorded showing a lien on the title or deed before or after paid in full?

The lender definitely would want to file the lien at the same time as the sale transaction takes place.


Where do you record a Lien for HOA Assessments gt filed in San Diego?

Best practices dictate that you work with the association attorney to prepare and file any lien on the part of an HOA. An improper lien, or an improper filing of a lien can be used by the owner to escape the action.


How do you file a lien against a property that is vacant?

You must sue the owner in court and obtain a judgment lien that can be recorded in the land records. Then, the lien must be recorded properly: The sheriff must record the lien in most jurisdictions. It doesn't matter whether the house is vacant or occupied.


What is a Lien Fee?

The lien fee is the amount charged to record the lien. This amount will vary per state. To learn how much it is to record a lien call the Clerk of Court or Registrar's Office. If you use a lien service to file the lien then their fees would be the lien fee.


Can you place a lien on the home of someone who owes you money awarded to you from the court of law?

You should be able to obtain a judgment lien from the court and record that lien in the land records. The owner then couldn't refinance or sell the property without paying off your lien. If there are other liens on the property they would have priority over yours.


How much do you need to owe the state of california before they place a lien on your property?

The state can record a lien against your property for any amount you owe.The state can record a lien against your property for any amount you owe.The state can record a lien against your property for any amount you owe.The state can record a lien against your property for any amount you owe.


Does a mechanic's lien include a car?

In most states the person who repairs a vehicle has an artisan's lien. An artisan's lien is a possessory lien meaning that a) no recording of any document is required to obtain the lien, however b) the lien is only good while it is in your possession. If you return the vehicle to the owner you have lost your lien. If the owner takes the vehicle without your consent, your lien is not defeated, however, in most states the act of taking the vehicle from you will be considered theft by the vehicle owner.