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Old 08-29-2007, 08:10 AM   #1 (permalink)
Rebel75
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Join Date: Aug 2007
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Default How do you sell with a lein?

Help! Anyone know how to sell PWC, particularly in North Carolina, that have leins on them? Any info would help.
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Old 08-30-2007, 10:07 AM   #2 (permalink)
PhilnEdee
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Its a lien. If its a UCC lien, then whoever filed the lien(bank, finance company, etc) will prepare a release when the loan obligation is satisfied-then they will either file/record the release or give it to the customer to file/record and show its released...all done at the county courthouse. If its a titled vehicle, then an emp of the company signs off on the title-releasing the lien-giving the title to the borrower-and the new buyer files for new title by carrying the old title and bill of sale to the courthouse (probate office).
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