The Real Story on Abandoned Vehicle Titles: What You Need to Know

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Introduction:
  • 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.
The Real Story on Abandoned Vehicle Titles: What You Need to Know
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