Dismantler’s Handbook of Registration Procedures

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Section 5 of 11

Lien Sales and Abandoned Vehicles

5.010 Definitions

Lienholder—As used in this chapter, the “lienholder” is the person or entity who has an interest in the vehicle due to storage and/or towing costs.

Legal Owner—The legal owner is the person or entity who has a financial interest in the vehicle and is listed on the titling document in the lienholder section.

Department—As used in this chapter the “department” is the California Department of Motor Vehicles (DMV).

Low Value Vehicle—As used in this chapter, “low value vehicle” is a vehicle valued at $500 or less.