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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 states may take up to three months for a paper title to be produced after an electronic lien release, though this is uncommon. [citation needed]
The California Driver Handbook is a booklet published by the California Department of Motor Vehicles. It is also available on the web. [15] Formerly titled the 'Vehicle Code Summary', it has information relating to licenses, examinations, laws/rules of the road, road signs, seat belts, and health and safety issues.
Though the registration of ownership of certain property usually confers a statutory recognised legal title to the property, courts may nevertheless recognise equitable rights and interests of others in relation to that property. For example, a person who buys and pays for a parcel of land would be the equitable owner of the land though the ...
The lien may be satisfied by selling the vehicle through the lien sale process. To conduct a lien sale, the person/lienholder must have possession of the vehicle and may require lien sale authorization from the State's Department of Motor Vehicles, depending on the State and or value of the vehicle. Interested parties, including the registered ...
The California government enacted a new law that took effect at the beginning of 2023. This bill places more oversight and regulation on the sale of gap insurance within California.
California is as car crazy as ever, with insurance rates increasing to match. Data analyzed by the insurance comparison website Insurify showed the average annual cost of full coverage in ...
A title loan (also known as a car title loan) is a type of secured loan where borrowers can use their vehicle title as collateral. [1] Borrowers who get title loans must allow a lender to place a lien on their car title, and temporarily surrender the hard copy of their vehicle title, in exchange for a loan amount. [2]
Judgment lien: In the event you lose a lawsuit, the plaintiff could file a judgment lien until you pay the money the court awarded to the plaintiff. Collectors of credit card debt, outstanding ...