Lien must be satisfied somehow so title can be transferred.
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.
Yes. This happens all the time. If you have a car you're still making payments on (and which will therefore have a lien on it), and you want to buy a new car, as long as your credit is good and you can afford the new payments as well you shouldn't have a problem.
If the lien is a purchase money lien (granted to allow you to buy the car), then no. If it is a nonpurchase money lien (you granted a lien on the car to secure an unrelated debt), then yes.
The question should be. Should you ever buy a car with a lien on it. The answer is absolutely not, no, not if you are smart.
NO! BANK LIEN-PAY IT OFF. MECHANICS LIEN-PAY IT OFF. autolienservice.com
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.
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 there is available proof that the car is subject to the lien then you will need to pay it if you want to own the car free and clear. You could sue the seller.If there is available proof that the car is subject to the lien then you will need to pay it if you want to own the car free and clear. You could sue the seller.If there is available proof that the car is subject to the lien then you will need to pay it if you want to own the car free and clear. You could sue the seller.If there is available proof that the car is subject to the lien then you will need to pay it if you want to own the car free and clear. You could sue the seller.
how to find out if ther is any debt owed on a car being bought from a mechanic shop that obtained the car through a mechanics lien
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.
Yes but make sure YOU pay the lien off and don't just pay the seller and hope they will pay it off.
The lien must be paid. The funds should come out of the seller's pocket.