What document does the buyer receive after a lien sale?

Study for the DMV Used Car Dealership Test. Prepare with flashcards and multiple choice questions. Each question includes hints and explanations. Get ready to ace your exam!

After a lien sale, the buyer receives a Lien Sale Authorization and a Certificate of Title. This is crucial as the Certificate of Title serves as the legal document that signifies ownership of the vehicle. It is essential for the buyer to have this document to register the vehicle in their name and ensure they have clear legal rights over it.

A Lien Sale Authorization is also important because it documents the process of the lien sale itself, providing evidence that the vehicle has been sold to the buyer following the appropriate legal procedures. This document confirms that any lien against the vehicle has been settled through the sale process.

Having both documents is significant for establishing ownership and for the smooth registration process with the Department of Motor Vehicles. Without the Certificate of Title, the buyer could face challenges in registering the vehicle or transferring ownership in the future.

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