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I'm trying to sell my vehicle that still has a lien on it. Can the new owner register it with the DMV while waiting for title?

Los Angeles, CA |

According to Honda finance, they buyer can pay me in full, I pay off the loan or buyer can pay my equity and the bank directly. While the title is being transferred, can the new owner register/insure it with the DMV or is the car in limbo until the lien is taken care of?

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Attorney answers 1

Posted

The new buyer cannot transfer title until the lienholder releases the lien. Contact the DMV and they will tell you if they have any options like a temporary permit.

Kevin A. Spainhour, Esq. Spainhour Law Group www.slglawyer.com.