The Real Story on Abandoned Vehicle Titles: What You Need to Know
Download MP3Introduction:
- One of the most common questions our sales staff receives is about obtaining a title for an abandoned vehicle.
- Many callers believe that simply calling a vehicle abandoned will help them get a title, but this is not the case.
What Constitutes an Abandoned Vehicle:
- An abandoned vehicle is one that has been discarded and not claimed by its owner.
- In most states, simply finding a vehicle does not give you the right to keep it; legal processes must be followed.
Legal Process Overview:
- Legal Interest Required: To obtain a title, you must have acquired a legal interest in the vehicle through purchase or financial agreement.
- Court Order Title: This is one method to get a title for an abandoned vehicle, involving legal processes outside the DMV.
Provisions for Disposal of Abandoned Vehicles:
- Public and Private Property:
- Authorities (state, county, or city) can remove abandoned vehicles from public or private property.
- If a vehicle is left on private property, the property owner may call a tow truck and must provide notice and documentation to the DMV.
Post-Tow Process:
- DMV Requirements: After towing, the DMV needs satisfactory evidence to issue a title.
- Documentation includes a detailed bill of sale, proof of auction, and other forms.
- The purchaser must submit a completed application for a title and other relevant documents.
Important Considerations:
- Documentation: Keep records of all paperwork, including tow notifications and lien claims.
- Legal Advice: Consult an attorney to navigate the complexities of foreclosing a lien and obtaining a title.
- Penalties: Misrepresenting facts can result in serious penalties, including jail time or fines.
Alternative Options:
- Court Order Title and Bonded Title: These options might be simpler compared to dealing with abandoned vehicle procedures.
Conclusion:
- Avoid claiming a vehicle as abandoned unless absolutely necessary, as it triggers a complex legal process.
- For simpler solutions, consider exploring court order or bonded title options.
Call to Action:
- If you found this episode helpful, explore more videos on our channel for additional information on related topics.