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  2. How To Buy a Car from Someone with a Loan - AOL

    www.aol.com/finance/buying-car-lien-purchase...

    All loans on a car with a lien must be paid off before the seller can transfer clear title to you to complete the transaction. Check Out: 6 Unusual Ways To Make Extra Money (That Actually Work)

  3. Title search - Wikipedia

    en.wikipedia.org/wiki/Title_search

    A full coverage search is usually done when creating a title report for sale/resale transactions and for transaction that involves construction loans. It generally includes searches related to property lien, easements, covenants, conditions and restrictions(CC&Rs), agreements, resolutions and ordinances that will affect the real property in question.

  4. Repossession - Wikipedia

    en.wikipedia.org/wiki/Repossession

    Usually, the vehicle owner must be notified of a repossession. The repossession agent will find the car and check its information such as the vehicle identification number (VIN) to make sure they have the right vehicle. If there is a match, they will attempt to hook up the car to the tow truck and tow it away or pick the lock and drive it away.

  5. Title loan - Wikipedia

    en.wikipedia.org/wiki/Title_loan

    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]

  6. Mortgage liens: What they are and how they work - AOL

    www.aol.com/finance/mortgage-liens-170517279.html

    Voluntary property liens vs. involuntary property liens. Voluntary property liens: These are created through a mortgage agreement, in which you allow the lender to use the property as collateral ...

  7. UCC-1 financing statement - Wikipedia

    en.wikipedia.org/wiki/UCC-1_financing_statement

    A UCC-1 financing statement (an abbreviation for Uniform Commercial Code-1) is a United States legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor (a person who owes a debt to the creditor as typically specified in the agreement creating the debt).

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