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Vehicle titles are also used for car title loans, in which a car owner gives the vehicle lender their vehicle title as collateral in exchange for a loan. In addition to the vehicle title, lenders often also require the borrower to provide a set of keys for the car and/or purchase a roadside service plan.
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 ...
The Ohio Bureau of Motor Vehicles (abbreviated BMV) is an agency of the Ohio Department of Public Safety that registers motor vehicles and issues license plates and driver's licenses in the U.S. state of Ohio. It is headquartered in the state capital, Columbus, and operates deputy registrar's offices and driver exam stations throughout the state.
Title issues are not common, but if the title search uncovers one — or if it doesn’t, but one comes up later — there can be considerable legal costs. This is where title insurance comes in.
An empty boat trailer. A boat trailer is designed to launch, retrieve, carry and sometimes store boats. As of 2024, the cost of a boat trailer can be anywhere between $700 to $8000, depending on the size and number of axles the trailer has. [1]
Ohio’s traffic laws made a pivotal change this year, and some new legislation could call for more change in the new year. In January, Gov. Mike DeWine signed a new distracted driving law , which ...
Title insurance policies typically cost a median of 0.67 percent of the property’s sale price, according to data from Fannie Mae. The median cost in dollars is $1,901. The median cost in dollars ...
The Bureau of Motor Vehicles is a division of the Ohio Department of Public Safety. Titles are issued at the county level by the Clerk of Courts. Oklahoma: Department of Public Safety: Tax Commission: Driver licensing is handled by the Oklahoma Department of Public Safety, while the Oklahoma Tax Commission handles vehicle registrations and ...