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Get Or Dmv 735-524 2012-2026
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How to use or fill out the OR DMV 735-524 online
The Oregon DMV 735-524 form, also known as the statement of lien satisfaction, is essential for indicating that a lienholder's interest in a vehicle has been completely satisfied. This guide will help you navigate the process of filling out this form online in a clear and straightforward manner.
Follow the steps to successfully complete the form.
- Click ‘Get Form’ button to access the form and launch it in the interactive editor.
- Begin by entering the Oregon plate number of the vehicle in the designated field. This will help identify the vehicle associated with the lien.
- Next, enter the year of the vehicle. Ensure that the year corresponds to the vehicle described in the lien.
- Provide the vehicle identification number (VIN). This unique number is crucial for accurately identifying the vehicle.
- Fill in the make of the vehicle. This refers to the manufacturer, such as Ford, Honda, or Toyota.
- Indicate the body style of the vehicle. Examples include sedan, SUV, truck, etc.
- Input the title number associated with the vehicle. This number is typically found on the title document.
- Type or print the name of the registered owner(s) to whom the loan was made. This identifies who was financially responsible for the vehicle.
- Type, print, or stamp the name of the security interest holder (lienholder) who is releasing their claim on the vehicle. If you are a financial institution, use your unique line stamp.
- Provide your authorized signature to release the interest in the vehicle. This step confirms that the lien has been satisfied.
- Finally, enter the date signed to indicate when the lien satisfaction was recorded.
- After completing all sections, you can save your changes, download the form, print it for your records, or share it as needed.
Complete your documents online for a smoother process.
Yes, removing the lienholder from the title is crucial before you sell your car. Without doing so, potential buyers may hesitate due to existing financial claims on the vehicle. Ensuring a clear title will facilitate a smooth sale process. To learn more, consult the OR DMV 735-524 or explore the solutions available on USLegalForms.
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