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What else can I help you with?
How can I legally sell a motorcycle with a lien on it?
To legally sell a motorcycle with a lien on it, you will need to pay off the lien first. Once the lien is cleared, you can transfer the title to the new owner. It is important to follow the proper procedures to ensure a smooth and legal sale.
How do you find out who has a lien on your motorcycle?
how do you find out who has a lien on a motorcycle
Is it possible to sell a motorcycle that you owe money on Is there any way to simply sell the bike for it's current value and still retain the extra debt owed to the dealer?
If you owe money on the motorcycle then the lender has a lien on the vehicle. You cannot sell it without the permission of the lien holder. You need to contact the dealer holding the loan and see if they can help you.
Can you put a lien on a motorcycle?
How do I put in being on the motorcycle
If the lien holder was supposed to repossess a motorcycle but never did can you sell it and how do you obtain a title?
No. A vehicle cannot be sold without a clear title and the only way to obtain such a document is through the lien holder.
What is a motorcycle lien and how does it affect the ownership of a motorcycle?
A motorcycle lien is a legal claim that a lender has on a motorcycle if the owner has not fully paid off a loan used to purchase the motorcycle. This affects ownership because the lender has the right to repossess the motorcycle if the owner fails to make payments on the loan. Once the loan is fully paid off, the lien is removed and the owner has full ownership of the motorcycle.
Can you find out if a motorcycle has a lien on it from the vin?
jyavm01e61a032625
Can you explain what a lien on a motorcycle is?
A lien on a motorcycle is a legal claim that a lender has on the motorcycle until a debt, such as a loan, is fully paid off. This means that the lender has the right to take possession of the motorcycle if the borrower fails to make payments as agreed.
What is the best way to purchase a motorcycle with a lien on it from a private seller?
Drop the price by the amount of the lien, then pay off the lien.
How do you sell a motorcycle that you purchased on your credit card?
It depends on who holds the certificate of title on the motorcycle.If you hold the title, and it is in your name, and there are no lien holders listed on the title. then you could sell the motorcycle at any time you would like. On the other hand if the credit card company holds the title then you would have to pay off the balance owed on the motorcycle to the credit card company, they would then release the title to you, at which time you could sell the motorcycle.
How can I sell a vehicle in Texas that has a mechanic's lien?
Either pay off the lien and then sell the vehicle, or sell the vehicle and use the money to pay off the lien.
What is the process for placing a lien on a motorcycle?
To place a lien on a motorcycle, the lender must first have a written agreement with the borrower outlining the terms of the loan. The lender then files a lien with the appropriate government agency, such as the Department of Motor Vehicles, to establish their legal claim on the motorcycle until the loan is repaid.
