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It would mean EXACTLY what it says; there is "NO LIEN", the named owner on the title owns the vehicle free and clear and can do with it as he or she pleases.
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∙ 12y ago
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How can you find if there is still a lien against your truck?
Do you have title? Check title to see if lien has been released Check with RMV/DMV to see if lien has been released
Can you put a lien on a semi truck you are leasing from your employer who has not paid you for 4 weeks?
If you don't hold the title to that truck, you have nothing to put a lien on. The title holder is the actual legal owner of that vehicle, and when you say you're saying that you're leasing it from your "employer" (in reality, you, as a lease operator would be a 1099 contractor, not an employee), it tells me they hold the title on the truck, and already have a lien on it, as well.You have nothing to put a lien on, plain and simple.
How can I get my truck title if it is still showing a lien on it?
You have to get clearance documentation from the leinholder to show it's satisfied.
What does it mean if there's a lien on a car title?
A lien on a car title most typically means that money is still owed on the car. When a person takes out a loan on a car a lien is put on the title until the full repayment of the loan.
What happens if i buy a car with a lien title from the owner?
A lien title means that the car has a loan against it. If you do not have a "clear" or non lien title, the lender who hold the clear title can and does have the right to get the balance of the loan from you. The purpose of the lien title is to enable the car buyer to get the legal requirement for driving the car from the state. It's like renting the car in essence; the lien title is almost like the lease agreement for an apartment.So if a lien title is all there is...don't buy the car. It's not his to sell.Somebody has to settle the lien before you can legally own or register the vehicle.
HOW CAN I REPOSE A TRUCK I AM LIEN HOLDER?
Best way to do it is let the professionals take care of that part. Contact them, show them the title and the lien to the vehicle, and let them do their thing.
How would I find out if the title has a lien on it?
It depends on what the title is to. If it's a vehicle, the motor vehicle department, which records title information for vehicles licensed in the state, will have that information on file. A phone call should allow you to discover if the car or truck has a "clear title" or has had a lien placed on it.
Is Missouri title holding state?
NOMO is not a title-holding state. What that means is: the owner of the vehicle holds the title in hand whether or not there is a lien against it, (unless the lien holder insists on having the title in their possession).
Car not paid for but i have car title?
You have the title, but I bet on that title the lender you own money to is listed as the lien holder. He can repossess the car at any time if you miss payments. Having the title means nothing.You have the title, but I bet on that title the lender you own money to is listed as the lien holder. He can repossess the car at any time if you miss payments. Having the title means nothing.
Can a car have a clear title with a lien on it as well.?
No! "clear" means clear! No liens!
How to get rid of a car when lien holder died?
You need to obtain a release from the estate of the lien holder. Which means you have to satisfy the lien. That should allow you to obtain clear title.
I bought a truck from someone and was making monthly payments. This person was not making payments to the bank. The truck is in the process of being reposed by the bank. Can I put a lien on the truck?
nothing you can do without a title in your name
