What is an auto lien release letter?


If there is a lien on a vehicle, a lien release letter needs to be obtained from the lienholder before the vehicle can be disposed of. An auto lien release letter follows a standard format where the lienholder certifies that the lien on the specified vehicle has been satisfied. The letter has to be notarized.
Q&A Related to "What is an auto lien release letter?"
1. Satisfy the terms of the vehicle's loan. This usually only involves paying the balance of the loan back to the lender, including any interest that has occurred. Some loans can
If your question relates to an auto loan, as soon as you pay off the loan, the lender will forward you the original title and the lien holder box (indicating who has a lien on the
Generally on the letterhead of the institution, lists all their information, the lienholder's information, the vehicle information, the loan information,all dates, code sections for
A "release of lien" form is exactly that. It's a
1 Additional Answer
A person can get an auto lien release letter by getting in contact with the company that has a lien on the vehicle, such as the financing company. The only way to have a lien removed from an automobile is to have proof that the lien is free and clear. The lien can only be removed by the Department of Motor Vehicles.
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