Arkansas Release of Lien

State:
Multi-State
Control #:
US-OG-542
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.

How to fill out Release Of Lien?

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FAQ

Suspense Item?an application that needs further processing in DMV headquarters, such as issuance of special interest license plates or verification against the DMV headquarters record.

Registration and license required upon presence in state. (a) Within thirty (30) calendar days of becoming a resident, a person who is a resident of this state shall obtain an Arkansas motor vehicle registration and license in order to operate a motor vehicle upon the streets and highways of this state.

(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.

The Notice of Intent to Lien is essentially a 10-day notice to the property owner before you record a mechanics lien. Filing a mechanics lien in Arkansas must be done within 120 days of your last day of work, so you have to make sure that you serve the 10-day notice before this 120-day period elapses.

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.

Ark. Code Ann. § 27-14-1004(a) imposes a late registration penalty of $3.00 for each ten days a person fails to properly register a motor vehicle until the penalty reaches the same amount as the annual license fee of the vehicle, which may range from $17.00 to $30.00.

Individual must pay a $150 reinstatement fee. Payments may be made in person at any State Revenue Office, by mail or online at mydmv.arkansas.gov. Individual with a ?Revoked? license status will be required to pass all phases of the Arkansas Driver's License Exam.

The Arkansas Title, Registration and Lien Record Search is an online service provided by the Arkansas Department of Finance and Administration (DFA) that allows individuals or businesses to search for vehicle and vessel registration information, title information, and lien information.

The state of Arkansas DOES require a Certificate of Title in order to transfer ownership of your vehicle.

You'll need the Title or Bill or Sale, the latter of which includes a federal odometer statement, as well as your insurance card. You should also bring your county tax assessment if you've lived in the county the previous year. Also provide proof of any property taxes you've paid on the vehicle.

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Arkansas Release of Lien