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If the car has a lien on it, that means someone else has legal right to the vehicle probably for the balance of a car loan or due to non-payment of the car loan. If you purchase the car from its owner then you will be responsible for paying the lien or the vehicle may be repossessed by the lender or seized to pay the debt.
You would need to obtain a valid release of the lien and follow the appropriate steps to have the lien released if you want to acquire a clear title.
What else can I help you with?
How do you find out information on lien holder on your title?
The name of the lien holder should be written on the certificate of title. You can also check the status of the title by visiting your state department of motor vehicles website. You can also visit the local office and ask the clerk to run a check for you.
How can you get a title to a car that was charged off?
You contact the lender who has a lien on it and purchase it from them.
How do you transfer a car title with a lien?
You can only transfer a car title with a lien if the leinholder agrees to the transfer. The usual way is to pay off the loan as part of the purchase or transfer transaction, using part of the sales price for that and thus removing the lien.
Can the dealer have power of attorney over your title if they financed it?
They will be listed as having a lien on the title. Check the purchase contract carefully to see what their rights are.
Can a HOA put a lien on a house for non payment of dues when HOA papers weren't signed?
A lien clouds title to a property, which means that the property owner may not successfully transfer title to another owner until the lien is satisfied. As buyer, you are entitled to a 'clean title' to the property. The association may not file a lien against a new buyer upon purchase, since the new buyer is not obligated to pay assessments until the date of purchase and beyond.
What happens to the lien when you buy a house with a lien on it?
What do you mean? Did you purchase a home that has a lien on it? If so, you do not have a clear title to your home and the lien holder can take posession of your property. A lien should be paid off prior to completing a sale of a property. Good Luck
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.
Is illegal if a seller does not disclose to the buyer the cars being sold with a Lien TITLE?
If you are in the UK or the USA, such an action would be illegal.
IS THERE A LEIN ON THE TITLE?
IS THERE A LIEN ON THIS TITLE?
How do you find lien holder on vehicle?
To find the lien holder of a vehicle, the registered owner of the vehicle will have to apply for a duplicate title. The VIN will be necessary to obtain the duplicate title. The lien holder will be listed on the duplicate title.
What happens if you do buy a car or motorcycle that has a lien against it and you want to register it and you got the car with a bill of sale?
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.
i want to sell my car it dont have a title?
First you will need to contact the cars lender to find out if there is a lien on the car. You must have the lender release the lien if there is one before you can legally transfer ownership.
