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Dont worry about the leinholder getting a title. They can get one easy enough. Remember they do this hundreds of times each year. they know the procedures for getting lost titles,copies of titles,ect. Yup, they even know how to "lose" titles. Just like human beings, huh?
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What are the lien holder's rights for repossessing a vehicle?
What are the rights of a lienholder on a car title when it comes to repossion of a vehicle?
Can you repossess a car if you do not have a written contract on it but you are a lienholder and you have the title with your name listed as lienholder?
If you don't have a "contract", you aren't a leinholder. A lienholder must have a contract and have filed the notice with the county recorders office and the title must state you as the leinholder. If the person is named on a title as a lien holder he or she has the legal option of repossessing the vehicle as it is determined by the laws of the state where the vehicle is registered.
How do you get your title for paid out vehicle?
Contact the (former) lienholder to get them to release the title to you.
Find lien on lost title of vehicle?
If the vehicle has a lien, the title shouldn't be lost, the lienholder should have it. Once the vehicle is paid in full, they will mail you the title.
When getting an auto loan, is the title different in California than paying cash for a car?
Yes, taking out an auto loan means that there is a lienholder on the title of the vehicle. Once the loan is paid off, the lienholder is removed and it is owned free and clear.
Definition of title holding state?
A title holding state is one in which the title to a vehicle is mailed to the lienholder, not the customer.
Vehicle title no lienholder?
what is the question here?.... Just using a ? doesn't constitute a question
If your car is going to be repossessed is it legal for you to sell it before the actual repossession?
Not without permission of the lender. A vehicle cannot be sold without a clear title of ownership. The lender is named on the title of a vehicle as the "lienholder" until the vehicle is paid for or otherwise released by the lienholder.
Can a car that's repossessed be entered by towing company without authorization?
The order of repossession is their authorization to enter the car. If your car is being repossessed, it means there's a lien on it, and the lienholder called for the repossession to be carried out. You don't own the car - the lienholder does, until you pay off the lienholder and they relinquish the title to you. So yes, that tow company doing the repossession has every right to enter the vehicle they're repossessing.
What happens if a dealer does not send the title to the owner of a vehicle?
It normally take 30-45 days to get a title. I you financed the vehicle, you wont get the title, the lienholder will get it and send it to you once the loan is paid in full.
How do you Sell a vehicle that you are financing?
If you are financing the sale, you would list your name and address on the title as Lienholder or Secured Party.
Do you own a vehicle outright if you have to title to it in your name?
If you have no LIENS on the title if there are some you have to go to lienholder and check for payoff dates and obtain copy for DMV & your records
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