The owner will then need to contact the lender to have the lien released. Before applying for a duplicate title, the applicant may request a lien release form from the Tax Commissioner's office.
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.
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.
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.
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.