Lien Release Letter For Car In Massachusetts
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FAQ
How long does it take to get your car title from the bank? Generally, it takes two to six weeks, but it will depend on your state's processes.
Once the lien has been satisfied, the lienholder sends the RMV an electronic message to release the title. The RMV then prints and mails the title to the vehicle owner, or a third party if one has been designated by the lienholder.
Wyoming, Texas, and Mississippi are the only states that require a person signing a lien waiver to have it notarized. The notarization requirement does not apply in Washington and Oregon, the two states we primarily serve at Northwest Lien.
On back of title, there is a space for both the buyer and seller to sign, print their names and provide the date. Though multiple spaces are not provided for multiple buyers or sellers, any and all names and signatures associated with the sale can be recorded here.
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.
If you don't have a title in hand you'll have to process the lien release before you can sell it.
