[CA] [CA] Is there a statute honoring a repossession release issued directly to the auction yard?
I need help finding a law that supports the argument that when a repossession release is issued directly to an auction yard where the repossessed vehicle is stored from the lienholder/financial institution that authorized the repossession, that document should be honored—even if another version of the document was created and issued after the original document.
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If a repossession release is issued directly to the auction yard from the lienholder or financial institution, that document should be honored, especially if it was issued before any subsequent versions.
A repossession release typically indicates that the lienholder has surrendered their claim to the vehicle. As long as the document was valid at the time it was issued, it should stand as the official release, regardless of any other document issued later.
Courts generally prioritize the first release unless there’s a specific reason to disregard it—such as fraud or error.
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I need help finding a law that supports the argument that when a repossession release is issued directly to an auction yard where the repossessed vehicle is stored from the lienholder/financial institution that authorized the repossession, that document should be honored—even if another version of the document was created and issued after the original document.
Lexi, Chatbot
Could you specify which state or country’s laws you are dealing with in this situation? This will help the Expert provide the most accurate information.
California.
Lexi, Chatbot
Thank you for specifying California. What type of vehicle is involved in this repossession issue?
Used personal use vehicle.
Lexi, Chatbot
OK. Thanks for the info. The Expert can help with your California repossession release issue for a used personal vehicle. Is there anything else they should know before I connect you?
Yes—the lienholder that repossessed the vehicle in the first place didn’t have any right to do so because the dealership that sold them the loan canceled the contract before they sent it to me.
TJ, Esq.
Hello! My name is TJ and I’m an attorney. Thanks so much for the opportunity to assist you!
TJ, Esq.
If a repossession release is issued directly to the auction yard from the lienholder or financial institution, that document should be honored, especially if it was issued before any subsequent versions.
A repossession release typically indicates that the lienholder has surrendered their claim to the vehicle. As long as the document was valid at the time it was issued, it should stand as the official release, regardless of any other document issued later.
Courts generally prioritize the first release unless there’s a specific reason to disregard it—such as fraud or error.
TJ, Esq.
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