Arkansas Release of Lien for Vehicle

State:
Multi-State
Control #:
US-01775-AZ-3
Format:
Word; 
Rich Text
Instant download

Description

This form is a release of a lien. The form provides that the lienholder chooses to release a certain parcel of property and the owner from all liability arising from the labor performed and materials furnished by the lienholder under the terms of a contract mentioned in the document.

How to fill out Release Of Lien For Vehicle?

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FAQ

Protect Yourself With a Release of Lien (Lien Waiver) Fortunately, it's a simple process. A Lien Waiver is similar to a receipt. It basically states that you've paid the subcontractor what is owed, they accept the payment in full, and they waive the right to put a lien on your property.

(c) In the case of a violation, the department shall terminate the suspension upon payment by the owner of the motor vehicle of a reinstatement fee of one hundred dollars ($100) and submission of proof of current insurance as verified through the online insurance verification system.

To apply for a lien-free title in Arkansas, visit your local AR State Revenue Office and: Bring the lien release form provided by the lienholder. Provide any of the following: Vehicle registration certificate. License plate number. Title number. OR. Vehicle identification number (VIN). Pay the $10 replacement title fee.

The release of lien document should contain enough information to clear the encumbrance of the claim of lien from the property title. The release names the property owner and the claimant releasing the lien, and references the claim by instrument number and date of filing.

Arkansas residents can apply at any state revenue office. Please allow a minimum of three weeks processing time to receive your title. Please allow a minimum of three weeks processing time to receive your title.

In Arkansas, all mechanics liens must be filed within 120 days after last furnishing labor or materials. In Arkansas, an action to enforce a mechanics lien must be initiated within 15 months after the lien was filed.

If there is a lien on the title, the lienholder must release interest in the vehicle before the car is sold. This can be achieved either by the seller paying off the car or by the lienholder providing a letter of lien release.

The property owner will need to have the judgment lien removed so the title can be cleared and the property sold. A knowledgeable California debt settlement attorney can have the lien taken off, possibly without payment to the creditor or debt collector.

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Arkansas Release of Lien for Vehicle