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Can you use a bill of sale to obtain a title for a vehicle?
Yes, a bill of sale can be used as a supporting document to obtain a title for a vehicle, but it is not the primary document needed for title transfer.
Can you obtain a title from a bill of sale?
Yes, you can obtain a title from a bill of sale by submitting the bill of sale along with other required documents to the appropriate government agency, such as the Department of Motor Vehicles.
Is Grant Bargain Sale Deed a Warranty Deed?
No. A bargain and sale deed is not the same as a warranty deed. The primary difference is that a bargain and sale deed does not guarantee that the seller holds clear title to the property.
What does rtv stand for on a title examination?
"RTV" typically stands for "Release of Trustee's Deed" on a title examination, indicating that a trustee has released their interest in a property following a foreclosure sale. This document is an important part of the title search process to ensure clear ownership of the property.
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
Can a property be bought before it goes to sheriff auction and would it be free and clear on all taxes and liens against it?
It is unlikely a property on its way to a sheriff's auction would free and clear of all taxes and liens. The very existence of a sheriff's sale indicates a troubled property owner who most likely has many other debts.The only way to determine the status of the property is to have a title examination performed by a professional.It is unlikely a property on its way to a sheriff's auction would free and clear of all taxes and liens. The very existence of a sheriff's sale indicates a troubled property owner who most likely has many other debts.The only way to determine the status of the property is to have a title examination performed by a professional.It is unlikely a property on its way to a sheriff's auction would free and clear of all taxes and liens. The very existence of a sheriff's sale indicates a troubled property owner who most likely has many other debts.The only way to determine the status of the property is to have a title examination performed by a professional.It is unlikely a property on its way to a sheriff's auction would free and clear of all taxes and liens. The very existence of a sheriff's sale indicates a troubled property owner who most likely has many other debts.The only way to determine the status of the property is to have a title examination performed by a professional.
What if u lost the book of sale with the title The person u brought the car frm moved away and u can't find themHow do u obtain a title for it-?
If you've lost you book of sale for a car title, you need to fill out an application to obtain a duplicate of a title.
Is ownership of personal property conveyed by a bill of sale or deed?
Ownership of personal property is conveyed by a deed. A bill of sale is merely a transaction written on paper. The person who has ownership is the person listed on a deed or title. In the absence of a title, such as in furniture, a bill of sale is proof of ownership. It just depends on the type of property, and whether the property is required by law to have a title.
Can I use a bill of sale to obtain a title for a vehicle?
Yes, you can use a bill of sale to obtain a title for a vehicle in some states. It serves as proof of ownership transfer and may be required by the Department of Motor Vehicles (DMV) when applying for a new title.
What happens to the liens on a property if it is lost to foreclosures?
The liens are usually in place when the bank or loan company takes possession of the property. The company/bank can pay off all liens and clear the title for resale or it can be put to auction with leins in place. Monies from sale are first used to clear title before new owner can take legal possession. Regulations can be different depending on type of property and state.
How do you obtain a title for a vehicle that you have property of but have no title?
If you legally own the vehicle and have a bill of sale you can apply for a duplicate title at the state DMV. You must have all the proper paperwork however, so it might be in your best interest to call the local DMV office and find out exactly what is required.
Does the owner of the property have to tell you if there is a utility easement on the property before you buy it if it runs the length of the back of the house and property?
It depends on the transaction. In most normal transactions the standard contract used by most Realtors will say something about clear title, a title commitment from the title company and other factors. If the buyer did not expect a clear title then it could be argued they received what they expected. The buyer should review the details of the title before signing the final documents to complete the sale. Any title insurance policy will show all easements and exceptions to a clear title. Full disclosure is best and expected but the fine details will really be based on the agreement signed by the buyer and the seller.
