Lien Release Letter For Car Template In Clark
Description
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FAQ
We would like to release the lien in respect of the below mentioned units pledged in our favour by the Investor, and we therefore, request you to kindly release the lien marked on the below mentioned units.
Obtaining a Lien Release 1 Confirm the FDIC has the authority to assist with a lien release. 2 Compile Required Documents and Prepare Request for a Lien Release. 3 Register/Mail request to FDIC DRR Customer Service and Records Research.
If you don't have a title in hand you'll have to process the lien release before you can sell it.
You can sell it with the original notarized lien release stapled to the title. You'll have to talk to your buyer to see if they're good with that, they may want to retitle with the lien cleared first.
Lien information can be found with the DMV and the vehicle history report. Department of Motor Vehicles: Using the vehicle identification number (VIN), you can check a vehicle's lien status at the Department of Motor Vehicles. In many places, you can conduct a lien search online using the DMV website.
Without a vehicle title, you have no way to prove you've obtained the vehicle legally and have a right to sell it. Whenever a vehicle is sold, each buyer must fill out and sign the title properly to prove ownership. Buying or selling a vehicle without proof of ownership is illegal in most places.
