When you get a car loan, the lender wants to see your name on the title and registration. But what you can do is put both your name and your spouse’s name on the title. If you decide to do this, you shouldn’t have any problems getting the loan, nor will your spouse be responsible for the payments on the loan.
In Tennessee, the title is given to the owner, or if applicable, the first lienholder. When a lien is satisfied, the lienholder is required to sign the release on the title, forward title to the owner and notify the Division within seventy-two (72) hours of the release.
Who holds the title in Illinois?
The reason for your confusion is that Illinois requires the lender to hold the title, while Missouri gives the title to the borrower. Missouri is just one of nine states where the borrower holds the title on a car loan.
This means that the Kansas Department of Revenue holds the title on any vehicle that is bound by a lien. The lien is not available to the owner until payment is made in full on the purchase price or other loan in which the vehicle is a collateral.
Does car loan have to be in same name as title? – Related Questions
Where do I get my car title in Kansas?
Application for a certificate of title and registration must be made through the local county treasurer’s office where the vehicle is garaged.
How do I obtain my car title?
In Florida, to obtain a certificate of title you must, at minimum, have the following:
Proof of identity.
Proof of ownership.
Proof of required insurance coverage.
Complete an Application for Certificate of Title With/Without Registration (HSMV form 82040).
Pay applicable sales tax and title and registration fees.
Which states are title holding states?
Currently, there are nine title-holding states including:
Kentucky.
Maryland.
Michigan.
Minnesota.
Missouri.
Montana.
New York.
Oklahoma.
Which states are non title holding states?
What states are non-title-holding states?
Arizona
Michigan
Oklahoma
Kentucky
Minnesota
South Dakota
Maryland
New York
Wisconsin
Which states are electronic title states?
States offering an ELT program include Arizona, California, Colorado, Florida, Georgia, Hawaii, Idaho, Kansas, Louisiana, Massachusetts, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Utah, Virginia, Washington, and Wisconsin. Several states have or will require lenders to participate.
How do you get a title after a lien release in Kansas?
If the vehicle owner wishes to remove a lien holder’s name from a registration receipt, an application for reissued title must be made at the local county treasurer’s motor vehicle office. Bring the notarized lien release and a title will be requested and mailed to you within 5 to 7 days.
To check the status of title for a vehicle or any relevant information, run a title lookup through Vehicle Title Status Check at the official Kansas Department of Revenue Motor Vehicle website. Enter a VIN, Vehicle Make, Model and Vehicle Year to retrieve title information.
Can I get a copy of my car title online?
State governments issue car titles, typically through their department of motor vehicles or a similar agency. If you need a replacement car title, you can get one online, in person, or by mail, depending on the state.
How long does it take to get title in Kansas?
Your Kansas title will be mailed to you if there is not a lien against the vehicle. Please allow 4 to 6 weeks for delivery. If there is a lien, the title will not be printed until the lien is paid off and a lien release has been submitted with the State of Kansas. Read more.
How do I get my electronic title for my car Kansas?
For Titles Being Held Electronically (E-Title)
If the title is an e-title and you want to get a 60 day permit, you must have an Electronic Title Sales Agreement, Form TR-39A, a copy of the Seller’s Current Registration Receipt and current proof of insurance. A Lien Release is required to get a clear paper title.
Can you sell a car without a title in Kansas?
What do I need to title my car in Kansas?
The vehicle’s signed-over title or Manufacturer’s Certificate of Origin. A Motor Vehicle Examination Certificate (Form MVE-1), if the vehicle was purchased out of state or has an out-of-state title. A bill of sale or Kansas sales tax receipt. A completed Title and Registration Manual Application (Form TR-212a).