[DML] Re: Drive the dream?

["David Teitelbaum" <jtrealty@xxxxxxxxxxxxx>]

I can't speak about the rules in other States, but in New Jersey when
a car (and the Title) has a lien on it the Lienholder is sent the
Title when issued. Of course this doesn't always stop everyone. I
guess if the owner files for a "lost" title they might get one but it
does still list the Lienholder. It is then up to the owner to send it
to the Lienholder to get it marked "Paid In Full" (if in fact it was).
Anyone who buys a car with a Lienholder listed on the Title that has
not been "Paid In Full" may find that they will have to satisfy the
lien. The buyer *MAY* have recourse against the seller. In most States
the seller of an automobile MUST legally certify to the mileage AND
INDEMNIFY THE BUYER AGAINST ANY LIENS OR CLAIMS AGAINST THE CAR! As a
buyer you must become familiar with the laws in your State. If you
present a Title to your local DMV with a lien on it they probably will
NOT issue a Title to you until you can prove the lien is satisfied.
Without a Title you cannot register. Without registration you can't
drive it.
David Teitelbaum
vin 10757


--- In dmcnews@xxxxxxxxxxxxxxx, Chris Murley <qumefox@xxxx> wrote:
>
> biojerm wrote:
> > on a side note, the car had been sitting on blocks from first
> > owner..someone purchased it, then drove it from florida to texas, then










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