Archive October 2021
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Dealership Posting Requirements
I Lost My Title...Now What? Duplicate Title or Bonded Title
By Ann Mullen-Martin
Mullen Insurance Agency
If you simply lost a title, replacing it may be easy and not require a bonded title. The last registered owner can obtain a duplicate title in four easy steps:
Visit the nearest TxDMV regional service center
Complete the Application – VTR-34 – all recorded owners must sign the form at the time of application
Provide a photo ID
Pay the $5.45 fee.
Are Disclosure Agreements Necessary for GPS Tracking Devices?
Why should a lienholder advise a debtor that a GPS device has been installed on a vehicle being sold, and that it can be used to locate the debtor?
The CARLAWYER: Federal Developments, Legal Cases, and Monthly Compliance Tip (October 2021)
The CARLAWYER©By Eric Johnson
Here’s our monthly article on selected legal developments we think might interest the auto sales, finance, and leasing world. This month, the developments involve the Federal Deposit Insurance Corporation, the Federal Reserve Board, the Office of the Comptroller of the Currency, the Consumer Financial Protection Bureau, and the Federal Trade Commission. As usual, our article features the “Case(s) of the Month” and our “Compliance Tip.” Note that this column does not offer legal advice. Always check with your lawyer to learn how what we report might apply to you or if you have questions.