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  2. Salvage title - Wikipedia

    en.wikipedia.org/wiki/Salvage_title

    In the state of Michigan, the issuance of a salvage title does not mean that the vehicle is also deemed a total loss. [6] Michigan issues a salvage title when the damage equals 75-90% of the pre-damage value; if the loss is 91% or greater the vehicle is eligible only for a "scrap" title, which cannot be subsequently upgraded by any means.

  3. Affidavit - Wikipedia

    en.wikipedia.org/wiki/Affidavit

    Vasil Levski's affidavit, 16 June 1872, Bucharest, Romania. An affidavit (/ ˌ æ f ɪ ˈ d eɪ v ɪ t / ⓘ AF-ih-DAY-vit; Medieval Latin for "he has declared under oath") is a written statement voluntarily made by an affiant or deponent under an oath or affirmation which is administered by a person who is authorized to do so by law.

  4. Electronic lien and title - Wikipedia

    en.wikipedia.org/wiki/Electronic_Lien_and_Title

    ELT offers a potential staff reduction in areas associated with filing, retrieval and mailing of certificates and a reduction of storage space needed for filing and storing paper certificates of title. There is increased ease of processing for dealer transactions. It may offer a reduction in title-related fraud. [1]

  5. Certified copy - Wikipedia

    en.wikipedia.org/wiki/Certified_copy

    Exemplified certified copy of Decree Absolute issued by the Family Court Deputy District Judge – divorce certificate. A certified copy is a copy (often a photocopy) of a primary document that has on it an endorsement or certificate that it is a true copy of the primary document. It does not certify that the primary document is genuine, only ...

  6. Lost, mislaid, and abandoned property - Wikipedia

    en.wikipedia.org/wiki/Lost,_mislaid,_and...

    In many jurisdictions of the U.S., a person who discovers an estray will be required to file an affidavit of estray, along with its description, and potentially impound that animal in some way for a period of time. If the estray is branded, the owner can often be identified immediately. The owner of the estray will generally have a limited time ...

  7. Title insurance - Wikipedia

    en.wikipedia.org/wiki/Title_insurance

    Title insurance is a form of indemnity insurance, predominantly found in the United States and Canada, that insures against financial loss from defects in title to real property and from the invalidity or unenforceability of mortgage loans.