Purchasing a vehicle with a lien can be a huge problem. The lien holder can come after your new vehicle and you might run into problems with the Department of Motor Vehicles (DMV). However, checking public records with the DMV and asking the current vehicle owner for official documentation f...
A lemon is a vehicle that is defective or does not meet the standards of quality expected by the consumer. Locate the title to the car. If you purchased the car from a private seller, the name of the previous owner is often on the title. If the name isn’t specified on the title, ...
When a vehicle is financed, the lender will usually hold the title and be listed as a lienholder. To get the certificate of title in that scenario the owner will need topay the loan in full, either by making all scheduled payments or paying a lump sum. To make a lump sum payment, t...
Manufacturer's Certificate of Origin: The Manufacturer's Certificate of Origin (MCO) comes with a new vehicle to verify a car company manufactured the car. Letter of Release From Lienholder: Banks send letters of release to show you paid off the car and own it. Bill of Sale and the Reg...