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V · 07-22-2013, 08:19 AM

You should be able to record a lien on the title under your name and then you'd become the lienholder.

The title would then be in her name or parents name, or whatever.

If they ever wanted to transfer the title or sell it, then would you to sign off on the lien release(you would also probably hold the title). You should need just a few documents(bill of sale, signed agreement, payment agreement or other) and go to the DMV with them.

I suggest you go to a dmv, or better yet, call Trenton and ask them about putting a lien on a title.

You may need to establish some type of actual "payment schedule" to establish a real lien though. But be careful that they can't burn you in the long run like if you just make up cheap payments, and they pay that amount off and try to claim the title.

07-22-2013, 08:19 AM	#6
V Stalker Join Date: Aug 2004 Posts: 12,082 iTrader: (12)	You should be able to record a lien on the title under your name and then you'd become the lienholder. The title would then be in her name or parents name, or whatever. If they ever wanted to transfer the title or sell it, then would you to sign off on the lien release(you would also probably hold the title). You should need just a few documents(bill of sale, signed agreement, payment agreement or other) and go to the DMV with them. I suggest you go to a dmv, or better yet, call Trenton and ask them about putting a lien on a title. You may need to establish some type of actual "payment schedule" to establish a real lien though. But be careful that they can't burn you in the long run like if you just make up cheap payments, and they pay that amount off and try to claim the title. Last edited by V; 07-22-2013 at 08:20 AM.