Lien Sale Form 4000
Description
How to fill out Notice Of Lien And Of Sale Of Personal Property Pursuant To Non-Statutory Lien?
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FAQ
What Documents Will I Need To register the vehicle? You will need a REG 168A. A bill of sale from the lien holder to the new buyer. A copy of the DMV record (vehicle report/DCS) listing the registered owners, legal owner, or interested parties.
A car lien sale is the process by which the lien holder notifies all interested parties that a vehicle may be sold if a debt is not paid off by the lien sale date. On the date of the lien sale, the lien holder sells the vehicle to the highest bidder.
The lienholder's release, if any, must be notarized. The buyer should then bring the completed form to a DMV office and we will issue a new registration and title. Make sure you have all signatures on the proper lines to avoid delays.
Can I Keep an Abandoned Vehicle? If you wish to attain ownership of an abandoned vehicle, you can do so via lien sales, which require you to know the car owner's titleholder or, if applicable, current lien-holder and apply through the DMV.
This FAQ is designed to answer most common lien sale questions. The DMV's Lien Sale Unit is also available at (916) 657-7617.
