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Wisdom & Authority Title Solutions
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SERIOUS AUTO TITLE PROBLEMS: RECEIVED A JUMPED AUTO TITLE (SEGMENT 3)
Posted on May 16, 2015 at 2:47 PM |
Received a jumped auto title? At least that's what DMV told you and is the reason why they rejected your transaction. Skipped titles, jumped titles, flipped titles are all the same, and create problems with auto titles. If you aren't aware of what a jumped title is or perhaps you need more insight; this post is for you. A jumped auto title takes shape in one of two ways: A. there is no title present, but the vehicle in question is passed along from person to person, or B. there is a title present; it just hasn't been transferred properly. Also in this case, multiple parties have signed and passed the title along from person to person as well. In essence a jumped auto title is when proper and legal ownership of the vehicle hasn't taken place. In this post, I will share examples of jumping auto titles, discuss why jumping auto titles is illegal and how to avoid being a victim of a jumped auto title problem. EXAMPLES OF JUMPING AUTO TITLES Examples of jumped auto title scenarios include:
WHY JUMPING AUTO TITLES IS ILLEGAL Jumping auto titles is illegal for the following reasons:
HOW TO AVOID BEING A VICTIM OF A JUMPED AUTO TITLE PROBLEM The following are tips you should adhere to if you wish to avoid being a victim of a jumped auto title problem:
To sum it all up, there is only one legitimate reason why you shouldn't receive a title when buying a vehicle, and that is if you are getting the vehicle financed-THERE IS A LIEN ON IT. If you owe the lienholder (whether an individual, dealer, or financial institution) money on the vehicle, they aren't obligated to give you a title, until you satisfy the payment agreement. To prevent title delays as well as potential financial loss later; it is wise to ensure that you are receiving a properly assigned title from the very beginning. Wisdom & Authority Title Solutions LLC, is the vehicle title expert in basic and complicated title matters. ©2015 Wisdom & Authority Title Solutions LLC. All Rights Reserved. |
Categories: SERIOUS AUTO TITLE PROBLEMS
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Categories
- TYPES OF AUTO TITLE SERIES (1)
- Buying a Vehicle With a Lien on It (1)
- 4th Quarter IFTA Tax Filing (1)
- Vehicle Title Fraud Help (1)
- Tips to Prepare Your IFTA Quarterly Taxes (1)
- Multiple Owners on a Vehicle Title (1)
- Title & Register an Antique Vehicle (1)
- Unified Carrier Registration (UCR) (1)
- Mechanic and Storage Liens (1)
- Vehicle Title Services (1)
- IRP Jurisdiction Concerns (1)
- When To Title Your Vehicle (1)
- 3rd Quarter IFTA Tax Filing 2012 (1)
- VIN (Vehicle Identification Number) (1)
- Trucking Citations (1)
- 1st Quarter IFTA Tax Filing (1)
- IFTA TAX AUDIT (0)
- AUTO TITLE SERVICES (1)
- SERIOUS (1)
- SERIOUS AUTO TITLE PROBLEMS (4)
- TOW COMPANY WON'T RELEASE VEHICLE (1)
- SALES TAX ON VEHICLE IN VIRGINIA (1)
- LIEN MISTAKES ON AUTO TITLES (1)
- INCORRECT INFORMATION ON VEHICLE TITLE (1)
- Odometer Discrepancies (1)
- CAR TTITLE MISTAKES BY THE SELLER AND THE BUYER (1)
- ILLEGAL DEALERS SELLING VEHICLES ONLINE (1)
- DMV Title and Registration Expert (1)
- Selling a Vehicle: Necessary DMV Documents (1)
- NON-REPAIRABLE CERTIFICATE (1)
- Bought a Vehicle Online Without a Title (1)
- Buying and Titling a Rebuilt Motorcycle (1)
- IFTA FILING 2012 2ND QUARTER (1)
- Salvage Title and Branding (1)
- AUTO DEALER/AUCTION OUT OF BUSINESS (1)
- OPERATING AUTHORITY (3)
- Mistakes on Vehicle Titles (1)
- TITLING A TRAILER (1)
- VIRGINIA AUTO REGISTRATIONS (1)
- TITLE SKIPPING (3)
- INTERSTATE REGISTRATION PLAN (IRP) HELP (1)
- Liens on Vehicles & Titles: Part Two (1)
- VEHICLE LIENS PART ONE (1)
- Starting a Trucking Company (1)
- ABANDONED VEHICLES TITLE HELP (1)
- IFTA FUEL TAX FILING HELP (4)
- BOUGHT A VEHICLE WITHOUT GETTING TITLE (2)
- ABANDONED VEHICLES SERVICE ASSISTANCE (1)
- Owner Operator Assistance (1)
- Bought a Vehicle That's Stolen? (1)
- IFTA Filing 1st Quarter 2012 (1)
- Vehicle Title Assistance (1)
- Bought Vehicle From Private Seller and Lost Title (1)
- Department of Transportation Safety Requirements (1)
- IFTA ASSISTANCE/FUEL TAX (1)
- Freight Broker (1)
- BILL OF SALE (1)
- Heavy Vehicle Usage Tax (1)
- LEASING A VEHICLE IN VIRGINIA (1)
- INTERSTATE OPERATING AUTHORITY (1)
- CURBSTONING (1)
- Motor Carrier Permits (1)
- Selling a Vehicle Without a Title (2)
- MECHANIC & STORAGE LIEN (2)
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