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In addition to the vehicle title, lenders often also require the borrower to provide a set of keys for the car and/or purchase a roadside service plan. Car title loans frequently involve high interest rates, a short time to repay the loan (often 30 days), and a loan amount less than the car's monetary worth. The borrower also risks losing the ...
For example, in Ohio, a vehicle owner who wishes to sell a car that has an ELT must first have the lien released by paying the lienholder the remaining amount owed on the lien. The lienholder then releases their lien electronically which allows the customer to pick up the title directly from the Ohio BMV on the following business day. Some ...
The department provides oversight and services in partnership with the various 67 Florida county tax collectors for the issuance of driver licenses, the Florida drivers license handbook [6] registrations and titling of automobiles, trailers, boats, and mobile homes. Florida residents who are at least 15 years old can obtain a learner license ...
These may include companies that specialize in processing registration application paperwork (often called "tag agents") or car dealers. Tag agents are given direct access to DMV systems (as in Louisiana). [46] Dealers often use their state DMV's electronic vehicle registration (EVR) program.
The National Motor Vehicle Title Information System (NMVTIS) is an electronic system that gives valuable information about a vehicle's condition and history. NMVTIS allows consumers to find vehicle information such as title data, most recent odometer reading, history of make and model, and theft records, [1] but not maintenance or repair history or information about manufacturer recalls. [2]
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Title washing occurs when the condition of a vehicle due to flood, junk, or salvage (known as a "brand"), as previously documented by a state, is lost when the title travels to another state putting an unsuspecting buyer at risk of paying more than a vehicle is worth or operating a vehicle inadequately repaired and potentially unsafe to drive.
The Florida Digital Service is a government agency created to lead Florida's cybersecurity efforts. [1] In 2020, the agency, modeled after the United States Digital Service , was created by Ron DeSantis [ 2 ] based on legislation introduced by Florida Rep. James Grant , who initially led the organization. [ 3 ]