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What else can I help you with?
Can you buy a car with a bonded title?
A Texas bonded title is just as good as any other title. You can sell it. It will only have the bonded remarks for 3 years. See website for Auto Title Recovery.
What is the limitation on a car with a lien on it before you can get the title?
If the car has a lien, you usually have to pay off the lien before you can get a clear title. Otherwise, in this state you have the name of the lien holder on the title.
How do you get a Texas car bonded title?
http://www.dmv.org/tx-texas/title-transfers.php#Less_Common_Title_Transfer_Situations DMV.ORG - The Unofficial Guide to the DMV http://www.lawrenceautotitle.com/bonded_title_questionnaire.pdf
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 do you sell a bonded title car in texas?
To sell a bonded title car in Texas, first ensure you have the bonded title, which indicates that the vehicle's ownership has been verified despite any previous issues. When selling, provide the buyer with the bonded title and any supporting documentation, such as the bond itself and evidence of repairs or maintenance. It's also advisable to complete a Bill of Sale and report the sale to the Texas Department of Motor Vehicles to update ownership records. Finally, make sure to inform the buyer about any limitations or considerations related to the bonded title.
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.
Is the car title and title lien the same?
No, a car title and a title lien are not the same. The car title is a legal document that proves ownership of the vehicle, while a title lien indicates that a lender has a claim on the vehicle until the loan is paid off. Essentially, the title represents ownership, and the lien represents a financial obligation related to that ownership.
What to do when you sell a car with the title being in pawn?
If you sell a car with a lien on it, which is a title pawn. You must pay the lien off before the car is clear and you can get the title back.
Can you get a title to a car that has a lien on it?
Contact whoever has the lien and talk to them.
Can a car be repossessed with title and no lien on it?
no
How can a person find out if there is a lien on a car?
If there is a lien it is normally listed on the Title.
How can you have the title but there is still a lien against the car?
Could be a mechanics lien.
