Pennsylvania law allows secured parties to assign their security interests in snowmobiles and ATVs to others without affecting the owner's rights or the validity of the security interest. The assignee must notify the Department of Transportation by submitting the appropriate documentation and fee to update the title. Certain liens, such as statutory or governmental liens, and interests in untitleable vehicles are exempt from these procedures.
Yes, a secured party can assign their security interest to another person without affecting the owner's rights or the validity of the security interest.
The assignee must mail or deliver the certificate of title, an assignment form, and pay the required fee to the Pennsylvania Department of Transportation, which will then issue a corrected title.
Yes, certain liens such as statutory liens for services or materials, government liens, and interests in untitled snowmobiles or ATVs are exempt.
No, the procedures outlined do not apply to snowmobiles or ATVs for which a certificate of title is not required.