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NO! BANK LIEN-PAY IT OFF.
MECHANICS LIEN-PAY IT OFF.
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∙ 13y ago
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Is there a lien against a car that I am going to buy?
If you are buying a car on payments then there will be a lien on the car. the company will release the lien once the car is paid off.
Can you buy a car if lien on car?
Yes but make sure YOU pay the lien off and don't just pay the seller and hope they will pay it off.
Who has a lien on your car?
If you took out a loan from the bank to buy your car, they have a lien on it. For all intents and purposes, they own the car until you have it paid off.
What do you do if you buy a car and it has a lien on it?
AnswerPay off the lien holder and they wil sign a relase, putting the vehicle in the free and clear. It depends on the type of lien. Lender's lien or mechanics lien.autolienservice.com
You brought a car at a buy here pay here dealer you were not given a titlle that state there a lien on the vehicle?
If you have a lien on the vehicle (you are paying it off) You will likely not get the title until the vehicle is paid off.
What happens if you do buy a car or motorcycle that has a lien against it and you want to register it and you got the car with a bill of sale?
you will have to find out who has a lein on it have them fill out a fourm of lein satisfy. In most states a lien holder is recorded on the title and the lien holder will keep the title until the lien is paid off. After the lien holder is paid off, they will sign the title to release the lien and give/send the title to the owner. The title office can tell you who has a lien on the title.
If you buy a car and there is a lien on it but the car lot goes out of business how do you get the lien off of it?
Contact the entity that loaned you the money to buy the car, be it a bank, loan company, etc. If the selling dealer personally loaned you the money then you need to speak to your local DMV and see what you need to do if you cannot contact the seller.
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 get the lien off of a vehicle that is no good and put it on another vehicle that is in my name?
If I have a car in my name with a lien on it and the car Is only god for scrap metal can I put the loan lien on my wifes car if she transfers the car to me.
Do I inherit a debt if the car I bought had a lien on it?
It is illegal to sell a car with a lien on it. If it has a lien you will not be able to register the car in your name. The loan must be paid off and the lien released before you can actually own the car. You may have just got scammed.
Can you sell your car if there is a tax lien on it?
In order to sell your car, you must pay off the lien to the IRS first, or find a buyer who is willing to pay off the lien. Only when the IRS has accepted payment can you or someone else receive Title to the car.
What is the statue of limitations on a car lien?
The lien is no longer applied to the vehicle when the loan is paid off. You can then get a lien release from the lender. As long as the loan has not been paid off the vehicle still has a lien on it.
