If there's a lein on a car, do they have the title?
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If there's a lein on a car, do they have the title?
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Do they keep the actual title at their offices?
Additional Details
I'm in Tennessee
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oklatom
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Depends on the state. Some states the lien holder holds the actual physical title, in others the lien holder is added to the title as legal owner, and you hold the title. Once it's paid for, the lender issues a lien release form and you take it and the title to the DMV to remove their name.
So the answer is maybe. |
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gmk8803
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yes they do and no. |
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