A certificate of title is given to you when you buy an automobile entirely, without requiring bank or dealer financing. When registering or selling a car, a title is required. Knowing the different types of titles is crucial when looking for an automobile. That's why you need a Car Title Lawyer.
What Does a Car Title Mean?
A car title identifies the owner of the vehicle. You won't be able to prove you own the automobile lawfully without it. When a car is sold, the state's department of motor vehicles (DMV) or the transportation department issues it. If you apply for a loan, the creditor will keep the title until you repay the amount.
Why a Buyer Needs
Buyers may encounter the following issues if the title is not transferred. Associating with a Car Title Lawyer is the best thing to do in this regard.
The seller still may owe money on the car, and the bank or other party owing money might try to collect it from the purchaser or repossess the vehicle.
After purchasing from a Lemon Car dealership, only the vehicle's registered owner is eligible for insurance.
The buyer will be unable to resell the car if the title has not been legally transferred.
The car might be confiscated and auctioned by the state if the seller has a drinking and driving history.
Conclusion
Register for a certificate of title in your name when you acquire a new vehicle or transfer a car to another state. The Texas Legislature has created exclusive options for a party that disagrees with a departmental action or cannot get a title due to a lack of proof. A court order requiring the department to grant or revoke a designation is not one of those choices, and it cannot be used to avoid statutory obligations or remedies. This can also apply at a Lemon Car dealership.
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