Wisconsin Lien Release Form

State:
Wisconsin
Control #:
WI-17-09
Format:
Word; 
Rich Text
Instant download

Description

This Conditional Waiver and Release of Claim of Lien Upon Final Payment form is for use by a lienor in consideration of final payment to waive and release his or her lien and right to claim a lien for labor, services or materials furnished through a certain date to a customer on the job of the owner of property. This Conditional Waiver and Release of Lien Upon Final Payment is conditioned upon the lienor receiving collected funds in a certain amount for the work described. If such funds are not received within a particular number of days of the date of this waiver, this Conditional Waiver and Release of Lien is void.

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FAQ

A "Confirmation of Security Interest (Lien) Perfection" (form T084 or MV2076), which the lending institution should send to you. 200bOr, an original letter (copy or fax to customer is not acceptable) from your lender on their letterhead releasing the lien. The letter must:25e6describe the vehicle by make.

What about electronic titles? On July 30, 2012, when a lien is listed against a vehicle, lien holders are encouraged to receive titles electronically through a service provider. If a lien holder chooses to receive electronic titles, a paper title would not be issued to the lender or owner until the lien is satisfied.

On July 30, 2012, Wisconsin joined other states in becoming a title to lien holder (lender) state. This means that any title with a lien (loan) listed on or after July 30, 2012, will be sent to the lien holder rather than the owner.

Use form 9400-623 if you are primary owner on record and you want to add or remove an owner to the certificate of title or if you want to add a lien (i.e. to request a lien notation). Form 9400-193. Use form 9400-193 if you want to transfer title of the boat and you are removing the primary owner on record. Fee.

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More info

A lien is a claim on property to ensure payment of a debt. First, your creditor should have sent you a lien release card, called a "Confirmation of Security Interest.In exchange for posting the bond, the lien claimant should file a release with the clerk of court. If an owner is under 18, also complete Section H on back. GF129. Satisfaction of Judgment or Partial Satisfaction of Lien.

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Wisconsin Lien Release Form