A Dealer has properly completed a Loan Payoff Authorization on the back of the DRT-1 and goes to the lender to get the title. Does the Dealer give the lender the original or a copy?
Related Questions
- What if a dealer pays off the loan due to the vehicle being traded-in or sold to the dealer, or an insurance company pays off the loan due to the vehicle being "totaled", or another lender pays off the loan due to a refinancing, and requires a paper title within 24 hours?
- A Dealer has properly completed a Duplicate Title Authorization on the back of the DRT-1. What is the next step?
- What is a No Documentation Loan?
