Buying a vehicle with a lien on it
So I'm looking into buying an older vehicle (year 2000) so I went to an Alberta Registry and got a "Vehicle Information Report" on it. The car has been registered several time in Alberta in multiple cities and has 1 lien on it. So I went the next step and got a "Personal Property Registry Search Result Report" by the VIN number. It showed that the vehicle was seized back in December 2006 for a several thousand dollars for Calgary auctions. It also has two creditor(s) and the debtor who is not the current owner of the vehicle (one of the previous owners I am assuming). Since then the car has been registered multiple times throughout Alberta. Should I be worried?
UPDATE: I did some more research and contact the Alberta Government and talked to the same sector that can distributes “Personal Property Registry Search Result Reports”. The person I spoke too told me due to seizure being incredibly old I should contact the “Civial Enforcment Agency” that seized the car to see if they forgot to discharge the vehicle and debtor. So I did and that turned out to be the case and got emailed a copy of the “Report of Discharge”. At this moment I am hoping all is cleared up with the liens.
UPDATE: I did some more research and contact the Alberta Government and talked to the same sector that can distributes “Personal Property Registry Search Result Reports”. The person I spoke too told me due to seizure being incredibly old I should contact the “Civial Enforcment Agency” that seized the car to see if they forgot to discharge the vehicle and debtor. So I did and that turned out to be the case and got emailed a copy of the “Report of Discharge”. At this moment I am hoping all is cleared up with the liens.
