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The lien may be satisfied by selling the vehicle through the lien sale process. To conduct a lien sale, the person/lienholder must have possession of the vehicle and may require lien sale authorization from the State's Department of Motor Vehicles, depending on the State and or value of the vehicle. Interested parties, including the registered ...
The V5 document records who the Registered Keeper of the vehicle is; it does not establish legal ownership of the vehicle. These documents used to be blue on the front. However, they were changed to red in 2010/11 after approximately 2.2 million blank blue V5 documents were stolen, allowing thieves to clone stolen vehicles much more easily. [2] [3]
A UCC-1 financing statement (an abbreviation for Uniform Commercial Code-1) is a United States legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor (a person who owes a debt to the creditor as typically specified in the agreement creating the debt).
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Issued to owners of fleets of 50 or more vehicles used within Oregon. Fleet vehicles can be passenger cars, trucks, buses or utility trailers. c. 2004–present Blue on gold; "OREGON" at top and "PERMANENT FLEET" at bottom P/F 27001 to P/F 44010 (as of July 4, 2021) School Bus Blue on gold; "SCHOOL BUS" at top, "OREGON" at bottom and "PERM" at ...
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