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Repossession

Seizure of property bought on credit for which loan payments are not being received. Please note that when asking a car repossession question, it is often useful to include the state that you live in. This will enable people to give you better answers.

11,694 Questions

What is an apartment relenting fee?

The reletting fee (not a "relenting fee") is a sum you pay to the landlord to cover the expenses incurred in reletting your apartment in the event you break your lease and move out before the end of the lease term. It should be reasonably related to the actual expenses incurred by your landlord in finding a replacement tenant (e.g, advertising costs, overhead, apartment personnel, etc.). The Texas Apartment Association ("TAA") seems to have chosen 85% of the monthly rental rent as the magic number. Regardless of whether this seems fair, it hasn't really been challenged in Texas courts.

Contrary to what some of the previous wikianswers to this question stated, the reletting fee is, by law, not a penalty. If you break a lease in Texas, landlords have a statutory duty to mitigate damages. This duty cannot be waived by contract, even if you agree to do so. Thus, charging a penalty is against the law. However, charging a fee to cover expenses in finding a replacement tenant is not. Keep in mind this is different than a liquidated damages agreement, whereby your landlord agrees to release you from your lease for a set fee. This is not considered a re-letting fee. Rather, it's an amount you've agreed is what your landlord is entitled to as damages for letting you out of your lease.

Policy on returning a new car to dealership after contract is signed?

There is no such policy. Once you buy a car, it is unreturnable unless it's a lemon, and that is strictly defined by law. There's no 3-day cancellation policy or anything like that. By signing a contract, it was assumed that you are a reasonably intelligent adult with the power of decision. You could try to work something out with the dealer, but the car is yours.

What do you do if the dealership went bankrupt without giving you a title or bill of sale?

you went to a car dealership, didnt you? You DIDNT go to a casino. Did you sign a loan contract?? The B/K trustee and the manu. of the car will be looking for the car. Dont worry you wont have to pay TAXES on the gift of the car.

What will a buyer pay for an impounded vehicle worth 3000?

value is what a seller is willing to take for a vehicle and what a buyer is willing to pay for it. at that point what is worth NADA,Blue Book,Black Book are only guides impound doesnt hurt the value.salvage title or damage will.

What happens when a motorcycle gets a flat tire?

Hopefully not a "blow-out" Yeah, that too. If you have wire-spoke wheels on just about anything that isn't a recent BMW, you have an inner tube. Typically, one piece "mag" wheels will be tubeless. Inner tubes will tend to lose air more quickly than tubeless tires, but either way, you may feel the steering response to be a little heavier or more vague than before. You may see the contact patch between the tire and the ground has grown larger. But at that point, it's too late, usually. The best way to detect low air pressure is with a tire pressure gauge. Follow the motorcycle manufacturer's recommendations for inflation pressure (NOT the maximum pressure imprinted on the tire sidewall). Running even a few pounds low can begin to affect handling and your safety. Too much is a bad thing also. Check pressure early and often. If your tubed tire has gone flat, and you don't have tire spoons and all that archaic stuff, you're probably walking. With a tubed tire, you may have some success plugging the leak if you can find it. and you have a kit to repair it. But motorcycle tires are of different design than car tires and are subject to different forces when moving. They are not really designed to be repaired, so I'd consider plugging one only if circumstances outweighed the danger of riding on a plugged tire, and then only at low speed, under light load, for only a finite distance.

Where can you register a fixed car that was bought from auction as junk parts only?

Only if it's a clean title. If it's a "salvage title" then you will have to call the D.O.T. and have the state inspector come out and give it a look over before you can get a clean title for it again.

How do you find stolen car?

Call the police. Post pictures of the missing car on Facebook or on the internet.

Can you get out of a contract to purchase a new car if you have signed documents?

Generally speaking, no. Once you sign the contract you can't change your mind and take it all back.

I suspect that most dealerships would probably let you do so if, fifteen seconds after signing, you asked them to tear up the contract because you changed your mind, but they're not legally required to do so, and once you drive the car off the lot, you're pretty much stuck.

How do you get really BIG rims on car?

well you can add rims to your cars in tune shops but there are not very big...

maybe you can with any trainer/mod

What is a dealer sticker price?

Usually on a supplemental sticker, the dealer sticker price for a new car is the Monroney sticker price (MSRP) plus the suggested retail price of dealer-installed options, such as additional dealer markup (ADM) or additional dealer profit (ADP), dealer preparation, and undercoating. The "Sticker" Price is the highest "asking" price on a new or used car. Years ago there were no MSRP or Monroni info/pricing on new cars.These stickers are "mandated" by the government now to protect the public. This MSRP Price is also (and more importantly) the amount the lenders (Banks) will loan you. In the old days the Bank would loan $ based on the consumers individual "Credit" rating. Not based on the cars worth. Obvious Problems occurred Sticker price is a slang term and could be anything that is displayed on the car (windshield) in a form of a "sticker" of some kind. 1. It could be MSRP, if the "sticker" is by a Manufacturer. 2. It could be some kind of inflated price, depending on the state and country laws where you reside. 3. And it could be a bone fide sale price, if that is what the dealership wants to do.

How can you find the GVWR of several different vehicles?

If you have access to the vehicles; it will be listed on the tag on the inside of the drivers door.................

Cars considered sports cars?

Lotus

Lamborghini, Bugatti, Bentley, Mitsubishi, Nissan 350 z etc.......................

Porsche, Corvette, Viper, Lotus, McLaren and Ferrari build street legal racing cars, that you can drive on the street today. A Sports car was a car that could be raced in the Grand Prix on the weekends, and used to take the kids to school during the week. Generally a Sports car, has no back seat, light weight, and has the engine between the wheels for better weight distribution. It is a car designed for the racing track, and to be driven on the public roads. A true Sports car cannot be front wheel driven because it asks to much from the front wheels, and to little from the rears. Racing cars, and the street versions of racing cars, balance the forces in a corner on all four wheels.

High performance Cars designed to haul people more than go fast are Sporty cars. BMW, Lexus, Cadillac and some Audi's among others are Sporty cars.

Can you sue a title company for not transferring the title in your name We cannot sell or refinace the property now because of this mistake?

Before you try to sue the company, contact your title company and inform them of the error and tell them they need to fix it by filing the appropriate documents. You will learn if they filed the warranty deed and if it was recorded. You should have received a stamped copy of your warranty deed once it was recorded. If they can easily get this resolved, then you do not have issue with the title company. We ran into something similar where a piece of property was recorded with the wrong name. They were able to fix it within about 1 week. Best of luck

How can you get out of a car lease?

You can always cancel any kind of lease agreement but there may be costs associated with cancellation of the contract. I would advise you to read your lease terms to see what the cancellation policy is and the terms of the policy if you have not already read them.

After purchasing a car can the dealer demand the car back after 30 days because of something they overlooked in the sale?

Only if they have that it writing. Go through your paperwork, or better yet, have the dealer show you in writing where it says they can do this.

Find out what car dealers don't want you to know at www.dealertricks.com

NO unless thay have found you to have lied like if you told them it hsde a clean title and when it arrived at the dealership with a salvaged title but this mudt be in wrighting most sales contrats state that the cars safety equ. and title are clean and in good working order check first

How would a repo man get a vehicle that is behind a locked gate?

They wouldn't be able to legally. However the gate would have to LOCKED and not just closed. It would need a lock and/or chain that would prohibit them from opening up the gate. I don't know the exact procedure that you could do legally but I would contact an attorney if I were you.

If you bought a used car straight out for 7000.00 and you were due to pay the remaining 484.00 for taxes and title in two weeks but lost your job can the car be repossessed?

Answer

NO YOU SEEM TO BE SAYING YOU PAID FOR THE CAR> The car Is Now Yours, Regardless If It Is Liscensed Or Not. You Can Get A Title Only For The Vehicle. Exception !!!!!!!!!!!! If The Moneys Paid For The Auto Were Borrowed Then The Institution Holding The Note Can Take The Car/ Call Your County Clerks Office About Title Only. They Can Tell You More About The Taxes. The Car Lot Has No Say So About Taxes On Cars........ This Is Up To Each State. GOOD LUCK

What was the name of the 1936 Miss Hungary who got her title taken away from her?

Zsa Zsa Gabor was Miss Hungary in 1936. She was disqualified for, supposedly, being too young to compete.

How do you sell your vehicle?

Depends on the $ value of the car I am selling. I have had the good fortune to own some valuable cars, and the good fortune to own many good cheap cars.

1st Advertising, Used o be a cheap or normall value car went in a clasified add in a news paper. Now we use Craigs list in the USA and Kijiji in Canada. For high dollar cars or speciallty cars I recomend a collector car auction geared specifically to the type of car beening sold.

2nd Evaluation by purchaser, for most normal or consumer cars this usually means a test drive and maybe a trip to a mechanic for a check over. For high Value cars the Auction companies all have different processes, selling through those auctions means the both auction company and the buyer will come back on you for not disclosing everything, so care and truthfullness is required.

3rd the "Deal" in North America, but not every where in the world the buyer and seller expect to negotiate. So you have to set your ask price to attract a buyer, then you have to convince him the car has value, thebuyer will play up the problems damage and imperfections to negotiate a sale price. My experiance is if a buyer takes 5 to 10 minutes to talk you into a 10% discount he thinks he has done well, much shorter time then there is more discount to be had, longer and he is angry and will walk away, less discount and he or she will not feel they got a good deal.

The paper work. Where I live the buyer should do a lien search before payment, done at a local registries or licencing office. From there a hand writen bill of sale including a Drivers Licence # of the seller will prove ownership. In most of the USA no Title, No money! If the seller can't provide the title then you are not leagly buying the car. Some states have twists and turns to be negotiated to get this done but follow the principle!

Last: insurance and licencing: Where I live a car can be added to a current insurance policy on the phone, with insurance a licence plate registered to the owner can be used to drive the car for up to 7 days and must be changed over to the car within 7 days. ( you can buy a plate specifically for the purchased car ) I generally use the plate off my Pick up to move cars around like this.

Can I resell a car without putting the title in my name first?

As long as you dont date or put your name on the tittle. You have ten days to register the car after the date printed on the tittle.

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