Re: Can a vehicle title (lien or no lien) be used as security deposit for an residental rental lease?



derekc@xxxxxxxxxxxxxxxxxxxx wrote:
Ok, then how do I file a lien against the vehicle?

Call YOUR local DMV office, they will instruct you
on exactly how to file a lien in your State.

Prior to filing the Lien on the Title, you'll want to have a signed
Primissory Note between you and the tenant spelling out
exactly what your agreement is, and for how much $, and
any other terms and conditions you have agreed upon.

It would be wise to consult a local lawyer in person
on drafting that agreement.




And as usual, ignore the erroneous advice from certain
uneducated legal idiots who post to this public newsgroup.



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