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Home > Terms > English, UK (UE) > Transfer of legal title
Transfer of legal title
Where all amounts outstanding have been paid and the customer retains the vehicle. Legal title will then pass from the finance house to the customer.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Auto loans
- Company: Mercedes-Benz
- Product:
- Acronym-Abbreviation:
Other Languages:
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