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The car title transfer process may vary from one state to another, so it's essential to check with your local Department of Motor Vehicles (DMV) to find out what exactly you need to do to become ...
Many states have a 30-day time limit for car title transfer, but this can vary between states. Use or Black or Blue Pen When Signing a Title Transfer. Whether you're the buyer or seller, it's ...
A chain of title is the sequence of historical transfers of title to a property. It is a valuable tool to identify and document past owners of a property and serves as a property's historical ownership timeline. The "chain" runs from the present owner back to the original owner of the property.
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 ...
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Properties that are sold on the basis of equitable title have a legal chain of title intact, and a recorded transfer with the local municipality. Legal title is actual ownership of the property as when the property has been bought, the seller paid in full and a deed or title is properly recorded. Equitable title separates from legal title upon ...