Lien Express #: 55321816
Report Date: August 6, 2024 | 4:19 p.m. EDT
Report Status: Complete
Gas
5N1DL0MM1LC533351
Country of Assembly:
United States
A lien is a claim or security interest that a lender has registered against an asset (like a car). The lender uses the asset as security or collateral to ensure that they get paid the money that they are owed. If a vehicle has a lien on it, the new owner could find themselves responsible for the previous owner’s debt. In this section, you’ll see where we’ve checked for liens, and if we found any liens registered against the vehicle.If a lien is found, further details will appear at the end of the report.
CARFAX Canada uses the VIN to search government records in the Canadian province or territory selected.
We cannot guarantee lien checks on trailers, recreational vehicles or heavy-duty equipment.
Purchasers should always get written confirmation from vendors that there is no lien on the vehicle.
If for some reason our lien check fails to accurately reflect the Canadian enforceable lien status of a vehicle at the time of the search, CARFAX Canada will reimburse the party that purchased the report and relied on it to their detriment to a maximum amount of (1) the value of the car (2) the value of the lien (3) Five Thousand Dollars Canadian ($5,000.00), whichever is lower.
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