Lien

Asked by Sep 23, 2017 at 11:59 AM

Question type: General

What does it mean if in the cars history
there was a lien against it.   Should I be
concerned

6 Answers

10

Yes, absolutely you need to be concerned....if the lien is on the car it makes you liable as in you have to pay the lien if it is still against the car....you must have a clear clean title!!! If you know someone you know is and has made many vehicle purchases or just call any attorney and they will answer this simple question over the phone without a fee.

1 of 1 people found this helpful.
10

But also any time you have a note or payment loan on a car you have made a lien....but that lien must be paid in full to resale the car. Usually a seller cannot obtain the title to sell their vehicle until the loan/lien is paid in full .... the loan company holds the title until it is paid in full. But be safe.

79,725

Just make sure you get a clear title. Almost all cars are financed which means they have a lien against them. Your lender will take care of this issue for you.

1 of 1 people found this helpful.
79,725

When the lien holder is paid off they release the lien.

10

A lien is that another person owes money then barrowd putting the automobile up 4 calateral

10

Read the contract also put forth your own in writing letting the seller know you are purchasing the car under the assumption that it is clear of any & all liens,loans now and for ever if ever an event stateing your notified of any debts bound to car title seller refunds the sale price plus the cost of the lien&a half

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