Answer
Aug 02, 2023 - 06:02 PM
Unless the original finance contract stipulates that the motorcycle must remain registered and insured while the lien is being paid off, there should be no issue with you surrender the FL plate and canceling the insurance. Once the lien is paid off and you receive the title, you can sign it over to him at which point he will be able to transfer the title to his name and register it in South Carolina. You may also be able to have the lien holder agree to have your son take over the payments of the loan which, if they agree, would allow him to register the motorcycle in his name sooner.
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