i bought this car three years ago and i had a loan on it from a bank through a dealer. i was sending my check to the dealer straight. he was supposed to provide me with lein after the loan was paid off. but now he tells me there is no lein.
2007-04-30 05:36:01 · 4 answers · asked by KG 1 in Cars & Transportation ➔ Buying & Selling
Check your title. If there is no lein, there is no need for a lein release. If the lein was recorded on the title, he needs to give you the release. Do you still have your contract?
2007-04-30 05:43:06 · answer #1 · answered by InjunRAIV 6 · 0⤊ 0⤋
If you registered the car in your name, you had the title at some point. This was surrendered to the DMV to get your new title and registration. You need to track that down and figure out where the actual title is. If there is/was a lien on the vehicle, that lien appears printed on the face of the title. If it's not there, there was no lien. If it is, you need whoever it says has a lien to release it by signing and stamping it officially.
2007-04-30 05:46:06 · answer #2 · answered by open4one 7 · 0⤊ 0⤋
Of course there's no lien if you paid it off. The lien only exists while you're making payments. Once it's paid off, the lien goes away and you get your title.
2007-04-30 05:48:37 · answer #3 · answered by declaude 3 · 0⤊ 0⤋
If your car is paid off, there should BE no lien against it. I can't understand, though, why you didn't pay the bank directly.
2007-04-30 05:43:51 · answer #4 · answered by laughingbadger01 1 · 0⤊ 0⤋