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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.
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.
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.
Can you get a title to a car that has a lien on it?
Contact whoever has the lien and talk to them.
Can you put a lien on a Texas car bonded title?
Yes, you can put a lien on a bonded title.
Can a car be repossessed with title and no lien on it?
no
Can a lien holder hold title when car is in Chapter 13 and you are trying to transfer tags from KY to TN. Our lien holder refuses to give me the title. I applied for a duplicate title.?
Your lien holder wants to be paid before releasing the car. You should consult with the attorney who is representing you in your bankruptcy. You cannot transfer title because you don't have clear title to transfer.
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.
What can you do if you bought a car at auction and got a title from the DMV with no liens then 2 months later a bank says they havea lien?
well if you have a clean title with no lien on it, then i say sell the car with that title there should be no problem what so ever. i need to know what happens if i sell a car with a lien on the title (auction car) but the lien does not pertain to me, can the car be successfully transferred to another person ? or what do i have to do to remove this lien ? email me - djhackstyle@hotmail.com
Can you get a title for a car that was sold to you but has a lien on it?
The lien must be paid off and the title must then be signed over to you. You cannot insure and register the car in your name without a title.
