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so how do you obtain a lien release for a vehicle title a vehicle title has three important elements on it has the name of the owner it has the state that is issued from it also has a reference to any lien on the title if there is a lien showing on the title it will block the DMV from issuing any replacement even if the loan is paid it could still be in the system well how does that work well first identify the name of the lender or the lien holder on that title if it's XYZ Bank or whoever it is that's all the DMV cares about if that loan has been sold or somebody else has been making payments the only thing they care about is who's listed on the title so you have to identify that first if you're the owner of the car you can simply go to the DMV and they'll tell you if you're not the owner of the car you might have to go through some other process to find out the name of the lender this has to be clear just because the loan is paid to zero at the bank the bank might not have notified t

FAQ

  • How do you fill out a car accidet release form, and what purpose does it serve?

    If this is a release given to you by the insurance company, it is a contract regarding your settlement. You are agreeing to accept a stated amount of money in exchange for releasing all claims arising out of the accident. After you sign the release and send it back to the insurance company, they will send you a check for the stated amount. The release ends the claim.If that is not what you meant, or if you have other detailed questions, please elaborate.

  • What does a lien release clause look like and is it appropriate in a residential remodel contract?

    Most states give "workmen" liens on property to secure payment for their work.  It gets complicated because you may have a general contractor who hires a number of sub-contractors all of whom may have potential liens.  It gets even more complicated if you have a shady general who doesn't pay their subcontractors.  That's why usually you want a general contractor who is bonded.  The bond insures payment of the subcontractors.There are several ways you can have a lien release clause.  The first is tie payment to the general to release by the general.  Another would be a clause having the general sign an affidavit that he has paid all the bills on your job.So, yes, these clauses are appropriate and possibly essential in a residential remodel contract.

  • Why should I transfer a car title to my name from the lien holder after the vehicle is paid off? It seems like a hassle having to go to DPS and pay a fee on top of the form needed to be filled out.

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