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Car (Vehicle) Lien Release Form |
The car (vehicle) lien release form is a document that is used by a lending institution or entity after a borrower has paid the loan in full and the borrower would like to retrieve the title to their vehicle.
The institution would require the borrower to allow the lending entity to place a lien on the vehicle by providing complete vehicle information and attaching the vehicle’s title, so that the lending entity may hold the title along with all other paper work until the loan agreement has been satisfied.
Once the loan has been paid in full, the document would be used to allow the lending entity’s representative, to release the interest in holding the title and the title itself, back to the borrower. When the documents are being prepared for return back to the borrower, the act must be witnessed before a notary public to complete the process.
How to Write
Step 1 – Download in Adobe PDF (.pdf).
Step 2 – Lienholder/Borrower/Vehicle Information:
- Enter the Lienholder’s full name with suffix
- Submit the title number located on the title
- AND
- Enter the Borrower’s full name
- Enter the amount of the lien (in numbered dollar amount)
- Submit the correct Vehicle Identification Number (VIN) located on the back of the title
- Enter both the year and make of the vehicle
Step 3 – Representative – Provide the following:
- Representative’s name (if the lienholder is an organization
- In service and in the presence of a notary public, the representative must enter the lienholder’s signature (whether it’s an individual lien or an entity or organization)
Step 4 – Once the notary public has witnessed the lienholder’s signature –
- The notary shall enter their signature in acknowledgement
- Date of their signature in mm/dd/yyyy format
- County in which the transaction is taking place
- State
- Notary commission expiration
- The notary would complete the notarization by affixing their stamp or seal
