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For example, in Ohio, a vehicle owner who wishes to sell a car that has an ELT must first have the lien released by paying the lienholder the remaining amount owed on the lien. The lienholder then releases their lien electronically which allows the customer to pick up the title directly from the Ohio BMV on the following business day. Some ...
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 record title system differs significantly from land registration systems, such as the Torrens system, that have been adopted in a few states. The principal difference is that the recording system does not determine who owns the title or interest involved, which is ultimately established through litigation in the courts.
Created Date: 8/30/2012 4:52:52 PM
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Motor Vehicle Licensing System [25] Divisions of the Kentucky Transportation Cabinet. The state's Circuit Court Clerks offices are responsible for the registration and issuance of drivers licenses while the County Clerks are responsible for vehicle registrations and titles. The Transportation Cabinet is responsible for establishing the policies ...
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Ohio Turnpike has a new toll system The Ohio Turnpike changed its toll systems and built new toll plazas in April, which allows E-Zpass drivers to pass through without stopping, according to the ...