IF ONE OWNS A HOME & HAS A LIEN PLACED AGAINST THEM IT WOULD ATTACH TO ONE'S HOME & WHEN SOLD, THE LIEN MUST BE PAID OUT OF THE PROCEEDS.
They have a vested interest in the vehicle. Their lien can prevent you from registering the vehicle.
Does a lien have to be renew on the property?
No
Yes, you can register a car with a lien on it. Once you turn in that title from the seller with the lien on it when you are registering that lien will be recorded over to the title issued in your name. The lien has nothing to do with registering a vehicle. It has everything to do with selling a vehicle.
Answer lien on car?i let someone borrow 1100.00. he doesn't own a home. and he has a cr with a loan on it. can i put a lien on the car??
Yes
Yes, it is possible for someone to put a lien on a house for $900. The dollar amount of the lien is not dependent on the value of the house. However, the specific laws and procedures for placing a lien may vary depending on the jurisdiction.
You can not sell your house or if you die your home will go to the people who have a lien on your home.The best thing to do is to pay off the lien which is usually someone or a bank you owe money.
You cannot file a lien on your own car to prevent another from filing a lien on your car. If you owe someone money they may be able to put a lien on your car so that they are paid in full.
The car belongs to the person listed as the owner on the title. Listing someone as the lien holder does not make them the owner.You can't transfer a motor vehicle when you know there's a lien on it. The lien would be reflected on the title and a prudent buyer wouldn't take title that is encumbered by a lien.
It will be interesting to see if the judge can give the car to someone free and clear even tho there is a lien. The judge probably can not give the car away and ignore the lien. Still, it could depend on the identity of the lien holder. Other than that slim possibility, the lien may still be a factor.
Sure. The lien would pass to their inheritors just as any other asset.