Grassets laws sign, also known as the "lienholder warning sign" or the "towing notice", is a signage commonly placed on vehicles. This warning sign, as required by Grassets laws in many jurisdictions, informs individuals about the existence of a lienholder or a financial interest on the vehicle. While the specific wording may differ, the purpose remains the same - to notify potential buyers or law enforcement of the lienholder's rights. This sign is designed to safeguard the rights of the lienholder and prevent fraudulent sales or illegal activities involving the vehicle. Therefore, it is crucial to pay attention to this sign before engaging in any transaction related to a vehicle.