Kentucky residents title question.

[hurley842002]

Long story short, I purchased a motorcycle from my buddy, which was titled in Kentucky, I'm now trying to get a transfer done in my new state of AZ, but the lady at the counter is reading the title as still having a Lein attached to it. I read it differently, but I know nothing about what Kentucky titles are supposed to look like. I know the bike was paid off, so worst case the title wasn't completed correctly and now I have to jump through hoops.

Below is a picture of the title with vital info marked out, but my buddies name is in the owners box. Any help is greatly appreciated.

https://uploads.tapatalk-cdn.com/20200309/fab7af5999e3332283759eb94cd38057.jpg

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[Martinjmpr]

Lein wasn't released so it looks to me like it still has a lien. You're going to have to contact the lein holder and find out how much it will cost to get the lien released.

EDIT: If you "know" the bike was paid off, the lien holder would have issued something that showed the lien was released. That is something your seller should have in his possession. Otherwise you MAY be able to get the bank to release the lien or to issue you another copy of the letter of release. Contact the lien holder listed on the title.

I'm curious about how you "read it differently." It clearly shows there's a lien and no release date. What, on the fact of that title, shows you that the lien has been released? I don't see anything that shows that it was.

[Gman]

Optimal would have been your buddy getting a 'release of lien' from the bank and then getting a clear title in his name. Then sold the bike to you with the clear title.

Bank may give you a copy of the release of lien, but since the loan was with your buddy, he may have to do it.

[hurley842002]

Dang, I meant to post this on one of the national forums I'm on, but thanks for the help so far.

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[whitewalrus]

If the lien was paid off, you may want to request a new title. If it was recorded as paid off, then the new one wouldn?t have any lien information on it.

As mentioned above, the one you posted has a lien on it.

[buffalobo]

Lein wasn't released so it looks to me like it still has a lien. You're going to have to contact the lein holder and find out how much it will cost to get the lien released.

EDIT: If you "know" the bike was paid off, the lien holder would have issued something that showed the lien was released. That is something your seller should have in his possession. Otherwise you MAY be able to get the bank to release the lien or to issue you another copy of the letter of release. Contact the lien holder listed on the title.

I'm curious about how you "read it differently." It clearly shows there's a lien and no release date. What, on the fact of that title, shows you that the lien has been released? I don't see anything that shows that it was.

This^^^

[hurley842002]

If the lien was paid off, you may want to request a new title. If it was recorded as paid off, then the new one wouldn?t have any lien information on it.

As mentioned above, the one you posted has a lien on it.Thank you.

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[def90]

The title clearly shows a lien holder listed on it. Contact the bank listed and see if they can send you a copy of the lien release. Your buddy that had the loan under his name may need to be the one to do this.

[hurley842002]

Apparently none of the lein stuff was as obvious to me as it is to others.

1) I've never seen a title from Kentucky, so I have no idea what info it is supposed to display, for all I know that lein info is just for reference.

2) I've never seen a title with a lein on it, because I've only ever bought private party in Colorado, and the vehicles I've financed have been traded in before pay off.

Thanks for the answers, apparently (according to some Kentucky residents) Kentucky is jacked up for titles and the propper release of lein doesn't always take place.

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[SideShow Bob]

If your buddy can?t get a clear title for you, get your money back ASAP.
When a lien is satisfied a clear title is issued to the owner by the lien holder and state.

[Gman]

If your buddy can?t get a clear title for you, get your money back ASAP.
When a lien is satisfied a clear title is issued to the owner by the lien holder and state.
Really? When I paid off my car I got paperwork from the lien holder and had to get the title myself.

[ray1970]

Every time I pay something off I get the title with the release signed off and usually a letter stating that the lien was released.

I never bother to get a new title issued to me with no lien holder information. When I sell the vehicle I?ve never had an issue with a title that was signed off by the lien holder. I always keep the letter handy, just in case.

As everyone else noted, your lien doesn?t show to be released.

Could be a clerical era but I kind of doubt it.

[whitewalrus]

Every time I pay something off I get the title with the release signed off and usually a letter stating that the lien was released.

I never bother to get a new title issued to me with no lien holder information. When I sell the vehicle I?ve never had an issue with a title that was signed off by the lien holder. I always keep the letter handy, just in case.

As everyone else noted, your lien doesn?t show to be released.

Could be a clerical era but I kind of doubt it.

I always get a new title. Then the state has record of me owning free and clear. Cheap insurance in case I lose the title of not having to go thru the headache of contacting the bank.

[hurley842002]

Could be a clerical era but I kind of doubt it.

So are you suggesting that a bike bought new in 2013, with an original MSRP of $5,199 might not be paid off in 2020, or?

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[ray1970]

I wasn?t suggesting anything. Just find it odd that somebody at a financial institution would forget to sign off in the title when they mailed it out.

[Great-Kazoo]

If your buddy can?t get a clear title for you, get your money back ASAP.
When a lien is satisfied a clear title is issued to the owner by the lien holder and state.

You have to go to dmv with paperwork as well as I.D. Thanks to homeland security regs. WE had to be there with paperwork and I/D to verify the names on the title were the same as names / people applying for new title.

[ray1970]

It isn?t easy, but I was doing some googling.

Under title type, the one you posted says transfer.

Some of the ones I was seeing online under the title type said original.

I don?t know what the transfer title means but I?m wondering if there isn?t an original title somewhere?

[Great-Kazoo]

I wasn?t suggesting anything. Just find it odd that somebody at a financial institution would forget to sign off in the title when they mailed it out.

You'd be surprised how many documents seem to be missing correct data. DMV issues us a title with my middle initial incorrect. Wife notices it and was told. Well you should have said something BEFORE i printed it out. Umm know we noticed it prior to you ignoring what we said. DO I NEED TO CALL SECURITY. Sure if they can fix it, why not.

[hurley842002]

It isn?t easy, but I was doing some googling.

Under title type, the one you posted says transfer.

Some of the ones I was seeing online under the title type said original.

I don?t know what the transfer title means but I?m wondering if there isn?t an original title somewhere?

This is what threw me off, why would it say "transfer" if it wasn't being transferred to someone (in my mind, it's my buddy). Again, I've never seen a title involved with a lein, let alone a Kentucky title, so I don't know what any of that means, it was tough enough figuring out where to sign.

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[SouthPaw]

I went through this same situation in August of 2018 when I bought a motorcycle with a Missouri title that still had a 'lien' on it.

The owner was selling the bike after the original lien had went to collections. He borrowed money from his parents to pay the lien off. He gave me the title that was issued to him when he first purchased it new with the original lien holder on it (very similar to what yours looks like). At first, he was great with communication but it all stopped after a few weeks and it was taking him days to reply back. I was fearful at first but I did have a copy of a letter that the collections agency had sent him stating he had paid the lien off. What I had to do was contact the collection agency who now was now the new lien holder in order to obtain a lien release form in my name. I had to send them a copy of the title with the lien on it that had his signature, along with a BOS stating that I was the new owner. Mind you, this took about 10 different phone calls to the collection agency because no one wanted to talk to me without an account number and in their eyes, he the seller, was still the owner of the bike. I finally got someone that I more less stated that I was not going anywhere because I now have a bike that had a missing title. I also contacted the state of Missouri inquiring about the title and I believe they sent me something as well that said it was clear of all liens.

In the end, I used the same title he original gave me (with the 'lien' still on it), a letter from the lien holder stating it had been satisfied, a BOS and I believe a letter from the state of Missouri stating the title was clear. It was a bit of a pain but I was able to do it. If this guy is truly your buddy, he should easily be able to step in and get all of this for you in a 30min phone call with the lien holder. If you have to do it yourself, it's going to take a lot of leg work. Your buddy can also add you to his account for the lien holder so you can easily obtain all the information but I'd suggest he do it.

Edit: I just went through my records to make sure I remembered it all correctly

What was all needed to obtain a CO title:

Original title signed (both parties - seller/buyer), dated and notarized with the lien holders name
(2) BOS

One for Colorado, notarized
One for Missouri, notarized

Jurat Certificate from notary (may or may not need this)



Lien release form/letter from lien holder issued in my name stating lien had been satisfied and zero balance was owed
Vehicle inspection form (car dealerships or local PD can do this for free)
Insurance if you are planning on registering it for the street


https://i.postimg.cc/VkHqfL7R/r1.jpg (https://postimg.cc/xXMJgYVJ)

[TFOGGER]

Fighting with Adams County trying to get clear title for my wife's 95 Rodeo. She originally leased it from Stevinson Isuzu in Lakewood, new in 1995. Bought out the lease (financed with GE Capital) a few years later. On the bill of sale, they failed to record the sales tax. Paid the loan off (Now to Wells Fargo, as they had bought GECAL) in 2003. They sent a letter of lien clearance, along with the original title, showing GECAL as the owner of record. We finally went to the DMV last June to get the title corrected to show her as the owner of record, and ADco wants proof that the sales tax was paid BACK IN 2000, despite the fact that her (vanity) plates had been on the thing since shortly after the lease buyout. So basically, in order to title this 25 year old SUV, we either have to come up with the registration/tax receipt from when she got the vanity plate in 2000, or pay sales tax again on the original purchase price. I'm convinced that the DMV trains their people to be intentionally obtuse and obstructionist.

[ray1970]

Reminds me of my trailer title fiasco with Adams. Bought a trailer with a clear Colorado title and a BOS from the original owner and still had to make multiple trips and speak to several people before I finally had to get a little nasty with a supervisor to get everything sorted out. It was something that should have been stupid simple and straight forward but they made it a real fluster cluck.