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How do you get your title for paid out vehicle?
Contact the (former) lienholder to get them to release the title to you.
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.
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.
Vehicle title no lienholder?
what is the question here?.... Just using a ? doesn't constitute a question
Do you have to carry full coverage on a rebuilt title with a lien on it?
Your lienholder will almost certainly require it.
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.
How do you get your motorcycle title after you paid it off?
The lienholder will sign off on the title and send it to you when they receive your last payment.
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.
How do you lien a title for money owed?
While this varies by state, there's usually a place marked LIENHOLDER on either the front or back of the actual title document. By inserting your name (or company) on the 1st available LIENHOLDER line, this will be recorded on the new title once the purchaser registers and titles the vehicle.
Is it safe for me to pay off in cashier check the private sellers loan do the transfer of ownership forms and wait for title to arrive to me after their loan clears?
No. Dont ever pay for a vehicle without having a title. If they owe money on it, they need to pay it off and get the title before you give them any money. If it is a local lienholder, offer to go with them to pay it off to make sure you are going to get the title and make sure the lienholder understands that the title will need to be signed over to you if you decide to pay it off while you are there. Get something in writing from the lienholder that the title will be sent to you if the title isn't readily available to be picked up at that moment.
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.
How do you contract to sell a car for which you are being paid for over time?
Basically, you are financing the vehicle, right? Put a lien on it. All you have to do is fill out a bill of sale and there will be a place for you to list a lienholder. Fill in your information there. There will also be a place for you to put lienholder information on the title, so make sure you fill that part in also. When the buyer takes that to the highway dept to register it, the hwy dept will keep that and give them a registration. After about 2-3 weeks, you should receive the title in the mail with you listed as the lienholder. After you are paid in full by the buyer, then you will sign off as lienholder and give them the title.
