Stallion Motorsports1647545491 Posted May 5, 2012 Report Share Posted May 5, 2012 Guy A buys a car, and takes a loan out to purchase, over the course of the loan Guy A pays said loan off. Guy A receives Ohio Title with lien section signed by financial institution, also receives a letter from financial institution stating lien has been paid in full. Fast forward I want to purchase this car. Does Guy A need to get a new title showing the lien is removed, or can Guy A get a notary to sign all the normal title stuff on the back and i go on my way? Tom tl;dr...its not that long, please help me out if you know my answer. Quote Link to comment Share on other sites More sharing options...
Drewhop Posted May 5, 2012 Report Share Posted May 5, 2012 I would have the guy take the lien in and have it removed. Removing a Lien does not cost any money. The BMV will stamp the lien it will say lien canceled and keep a copy of the lien cancellation. I would not buy it until he removes lien. Which is free to do. Quote Link to comment Share on other sites More sharing options...
Buck531 Posted May 5, 2012 Report Share Posted May 5, 2012 When I sold my 99 Regal I had paid it off from Telhio. Telhio gave me the letter stating it was paid off. I went somewhere off of Broad street off 315 and they printed me my clean title in my name for $13. Quote Link to comment Share on other sites More sharing options...
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