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  1. Click ‘Get Form’ to open the vehicle lien sale notice in the editor.
  2. Begin by entering the name and address of the Bailee in the designated fields at the top of the form.
  3. Cite the relevant statute that supports your notice in the specified section, ensuring accuracy for legal compliance.
  4. Fill in the total charges due, including any applicable fees, and specify how many days these charges have remained unpaid.
  5. Provide details about the personal property involved, including its location and description as outlined in Exhibit A.
  6. Indicate the date when the property was deposited and ensure all itemized charges are clearly listed.
  7. State a deadline for payment, specifying how many days after receipt of this notice payment must be made to avoid sale.
  8. Complete details regarding where and when the sale will occur, including time and place of auction.
  9. Finally, sign and print your name along with your title at the bottom of the form to validate it.

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Can a bill of sale be handwritten? While it is common to present a bill of sale in a digital format, you can also create a handwritten bill of sale. Whats most important is to include all of the pertinent details in the bill of sale in order to protect both parties.
Selling a car with a title loan on it is possible but you must fully pay off the loan before transferring the title. To legally sell a car, you must be the legal owner of the title, but when you have a title loan, your lender is the actual legal owner.
A lien release is when the lienholder formally gives up their claim to the vehicles title. It lets the car be bought or sold without strings attached. Youll likely receive a lien release once youve paid off your car loan in full.
A car with a lien on its title cannot be legally sold or transferred until the lienholder is satisfied/paid off.
If you are selling it privately, have the buyer come with you to your bank. Have them pay off your loan. Instruct the bank to mail the title to the buyer. Give buyer bill of sale and sign a release of liability, and have buyer pay you the remaining balance.

People also ask

You would need to have cash or a loan set up for the difference. You would have to sell the car and give a bill of sale to buyer. Take their money and your difference and pay it off to get the title to get to the buyer.
Its possible in a private car sale to buy a car with a lien on it. If a car has a lien on it, it means the owner hasnt paid off their car loan yet. The lienholder has a legal right to the vehicle, so youll need to find out which financial institution, individual, or other third party holds the lien.

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