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What does it mean if there are two liens on the title of a car you buy?

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2004-09-14 09:00:36
2004-09-14 09:00:36

It could mean that money is owed on the car and you could lose it if the person defaults. Or it could mean that there is a mistake and the lienholders neglected to discharge the lien. Whatever the case is, don't buy a car that has any liens on it. If you already bought it, contact the lienholder to see if the lien can be discharged.

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Look at the title. Liens are listed on the title.

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Yes, if you have a clear title with no liens on it.

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It is not his car to sell legally unless the title is in his name with no liens. If you want to buy the car, you need to reach an agreement with the titleholder.

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Then seller doesn't own the car. Don't buy a car without a title. The title is the only thing that proves ownership. ---- If the seller has no title, the car might be stolen. DO NOT buy the car.

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if the creditor's name is nowhere on the title,only your name,no one else. no liens. No one can legally take your car.

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You can take care of car title transfers in Maryland a your locl DMV. The vehicle title mut be free of liens,nd both parties,both buyer nd seller must sign the title.

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It means that when you go to buy the car from the seller that you can directly get the title from them, you don't have to wait until they mail it to you, after getting it back from the bank if they had a loan on it.

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if you are to buy a car with no title don't buy it because there are going to be more problems than the car is worth.

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what does surrendered title mean on my registration?

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You have to be 16 to buy a car in Massachusetts. You will need to title and insure the car in your name.

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Not unless your name is on the title. Possession of the title does not mean you own the vehicle.

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These are typically based on paper and the lien placed against the title. Once in place, they do not expire.

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It depends on what you mean by "Primary" owner. If you mean that two people signed together to buy a car, if one dies, the other takes possession, period. If it has no liens, cosignors, etc., on it, and the will doesn't specify differently, then it, as well as any other property bought during the marriage in the deceased person's name belongs to the spouse, as they are considered one entity under the law. However, if the title of the car is in a name other than the deceased or their spouse, the car would go to the person whose name is on the title.

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Yes, they would obviously know about it. When a title loan company offers you a title loan, it will check the car title well in advance. When it checks the title, it will easily come to know about any liens.

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In addition to the car, you should get a signed, notarized title. The title demonstrates that ownership of the car was transferred to you.

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Send all of the vehicle details to the Licensing Authority along with your details and tell them to register the vehicle to you. If there are any problems with the vehicle registration they will let you know. Wow, you paid for a car and never got a title?! You NEVER pay for a car without receiving the title and further, you should do a title check BEFORE a purchase to make sure there's no liens on it! How did you register the car without a title? Did you register the car? How do you know the person who sold you the car was actually the owner? It could have been stolen, in which case the authorities will take the car if you ever do an inquiry. Now if you mean that the state never mailed you the title to the car after you applied then you just contact your DMV but I doubt that's what you mean...

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Yes. Prior liens must be paid off before you take title to the vehicle.

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I would not buy or pay for a car form anyone who did not have title to the car. The car may have been stolen.

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there are PRIMARY liens and SECONDARY liens. Like first come-first served, goes by DATE of lien. READ YOUR CONTRACT. You were NOT as slick as you thot you were.

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On a New Jersey title, the 'Z' suffix indicates that the car was once title out-of-state.

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well if you have a clean title with no lien on it, then i say sell the car with that title there should be no problem what so ever. i need to know what happens if i sell a car with a lien on the title (auction car) but the lien does not pertain to me, can the car be successfully transferred to another person ? or what do i have to do to remove this lien ? email me - djhackstyle@hotmail.com

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In order to prove ownership you must have the title.


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