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Vehicle title. In the United States, the certificate of title for a vehicle (also known as a car title, automobile title, or pink slip) is a legal form, establishing a person or business as the legal owner of a vehicle. Vehicle titles in the U.S. are commonly issued by the Secretary of State in the state the vehicle was purchased by 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 ...
Registrants provided their own license plates for display until 1913, when the state began to issue plates. [ 1] As of 2024, plates are issued by the North Carolina Department of Transportation (NCDOT) through its Division of Motor Vehicles. Only rear plates have been required since 1956.
Check with your state's DMV office to find out the exact requirements. Below is a list of documents you typically need for a lease buyout title transfer: Valid photo ID. Completed car title and ...
In real estate business and law, a title search or property title search is the process of examining public records and retrieving documents on the history of a piece of real property to determine and confirm property's legal ownership, and find out what claims or liens are on the property. [1] A title search is also performed when an owner ...
Several Native American tribes within the United States register motor vehicles and issue license plates to those vehicles. The legal status of these plates varies by tribe, with some being recognized by the federal government and others not. Some nations issue plates for both tribal and personal vehicles, while others issue plates only for ...
Deed in lieu of foreclosure. A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower ...
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