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When a vehicle is financed, the certificate of title is normally held by the lender, who must release it to the purchaser once the balance is paid off. In some states, such as New York and Maryland, the transferred title is sent directly to that individual, but the name of the lender or lienholder appears on the title as well.
The lessor can do the title transfer paperwork on your behalf, but it may charge you a processing fee. The lease buyout title transfer process is similar to a private- or third-party vehicle purchase.
The Driver's License Section division is a division of the Bureau of Motor Vehicles, which is a division of the Northern Mariana Islands Department of Public Safety and vehicle registration and title is handled by the Department of Public Safety. Puerto Rico: Driver Services Directorate
The certificate is known as a "pink slip" after the color of the piece of paper that was issued to owners, until a 1988 change in the document. [10] The original "pink slip" (or a replacement issued by the DMV, if the original is lost) is needed to transfer ownership of the vehicle, like during a sale. [10]
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Bearer shares are transferred by simply delivering the certificate to a new holder. When the bearer shares are sold, it is not required to make any transfer inscriptions on the share certificate: The share is transferred by the physical transfer of the certificate from the seller (the bearer of the share certificate) to the buyer.
Land Certificates have been abolished by virtue of Section 23 of the Registration of Deeds and Title Act, 2006. Every piece of land in the register – which is arranged by county — is granted a folio number, under which all transactions pertaining to the land can be examined on request and after payment of a fee, currently €5 (as of June ...
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