How long does it usually take to process the release of a title if one has paid a loan to partially release his title from a group of titles used as collateral by a borrower?

by Prime Radar Team  March 24, 2014

The rights of the buyer are:

- To pay without any additional interest any installment due with a grace period of thirty (30) days for every year of installment payment, to be exercised once every five (5) years

- A thirty (30) day notarial notice of cancellation before his contract may be cancelled

- A cash surrender value equivalent to fifty (50) percent of the total payments made and after the fifth year, 5% interest per annum, but the refund shall in no case exceed 90% of the total payment.

The featured question was sent by Jen Castillo.

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