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Guam Authorization for Lien and Sale for Nonpayment of Repair and / or Parts Charges - Car or Automobile

State:
Multi-State
Control #:
US-00754BG
Format:
Word; 
Rich Text
Instant download

Description

A lien is a charge on property for the payment or discharge of a particular debt having priority to the general debts of the owner of the property. Liens may be either general or specific. A specific lien is a charge on particular personal property for the sum due with respect to that particular piece of property.

The following form creates a lien on automobile parts and motors for charges incurred by the Machine Shop for its services and charges in repairing and/or rebuilding the items. Upon failure by Customer to pay all charges for repairing or rebuilding the items, Machine Shop may sell the items by public or private sale, and the net proceeds of such disposition, after deducting all expenses of Machine Shop, shall be credited against the total amount owed by Customer to Machine Shop.. Machine Shop may purchase any of the items at any public or private sale by simply bidding its debt and expenses. No money need change hands, but a record should be kept detailing the date of the sale, the amount paid and the items sold and purchased. Guam Authorization for Lien and Sale for Nonpayment of Repair and / or Parts Charges is a legal document that allows a service provider or repair shop in Guam to assert a lien on a car or automobile when the owner fails to pay for the repair or parts charges. This lien grants the repair shop the right to sell the vehicle in order to recover the outstanding payment. In Guam, there are different types of Authorization for Lien and Sale for Nonpayment of Repair and / or Parts Charges — Car or Automobile, each serving a specific purpose. Here are a few examples: 1. Standard Authorization for Lien and Sale: This is the most common type of authorization used by repair shops and service providers in Guam. It allows them to assert a lien on the vehicle and eventually sell it to recover unpaid repair or parts charges. 2. Limited Authorization for Lien and Sale: In some cases, repair shops may offer limited authorization, which specifies certain restrictions or conditions that apply to the lien and subsequent sale of the vehicle. This could include a specific time period for payment or an agreement for partial payment. 3. Emergency Authorization for Lien and Sale: This type of authorization is used for situations where immediate repair or maintenance is required to ensure the safety or operation of the vehicle. In such cases, the repair shop can assert a lien and proceed with the sale without waiting for full payment. 4. Additional Charges Authorization for Lien and Sale: Apart from repair and parts charges, there may be additional charges involved such as storage fees, towing fees, or diagnostic charges. This authorization allows the repair shop to assert a lien and sell the vehicle to recover all outstanding charges. It is important to note that the process of asserting a lien and selling a vehicle requires strict adherence to legal procedures outlined by Guam's laws and regulations. It is recommended to consult with a legal professional or attorney to ensure compliance with all applicable legal requirements when using the Guam Authorization for Lien and Sale for Nonpayment of Repair and / or Parts Charges — Car or Automobile.

Guam Authorization for Lien and Sale for Nonpayment of Repair and / or Parts Charges is a legal document that allows a service provider or repair shop in Guam to assert a lien on a car or automobile when the owner fails to pay for the repair or parts charges. This lien grants the repair shop the right to sell the vehicle in order to recover the outstanding payment. In Guam, there are different types of Authorization for Lien and Sale for Nonpayment of Repair and / or Parts Charges — Car or Automobile, each serving a specific purpose. Here are a few examples: 1. Standard Authorization for Lien and Sale: This is the most common type of authorization used by repair shops and service providers in Guam. It allows them to assert a lien on the vehicle and eventually sell it to recover unpaid repair or parts charges. 2. Limited Authorization for Lien and Sale: In some cases, repair shops may offer limited authorization, which specifies certain restrictions or conditions that apply to the lien and subsequent sale of the vehicle. This could include a specific time period for payment or an agreement for partial payment. 3. Emergency Authorization for Lien and Sale: This type of authorization is used for situations where immediate repair or maintenance is required to ensure the safety or operation of the vehicle. In such cases, the repair shop can assert a lien and proceed with the sale without waiting for full payment. 4. Additional Charges Authorization for Lien and Sale: Apart from repair and parts charges, there may be additional charges involved such as storage fees, towing fees, or diagnostic charges. This authorization allows the repair shop to assert a lien and sell the vehicle to recover all outstanding charges. It is important to note that the process of asserting a lien and selling a vehicle requires strict adherence to legal procedures outlined by Guam's laws and regulations. It is recommended to consult with a legal professional or attorney to ensure compliance with all applicable legal requirements when using the Guam Authorization for Lien and Sale for Nonpayment of Repair and / or Parts Charges — Car or Automobile.

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Guam Authorization for Lien and Sale for Nonpayment of Repair and / or Parts Charges - Car or Automobile