Illinois Release of Lien for Car

State:
Multi-State
Control #:
US-01775-AZ-2
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 Car?

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FAQ

Illinois Services Expedited Illinois title, processed within 24 hours and returned by an over-night service. Illinois license plates for all vehicles, trailers, heavy trucks, motorcycles etc.

Illinois is one of the leading jurisdictions in employing security features in the production of Certificates of Title. More than three million Illinois Titles are computer-generated annually. They are printed on water marked security paper, which is extremely difficult to counterfeit.

Illinois titles are mailed to the lienholder if a lien is applied. Include the complete name and address of the lienholder on the duplicate title application. If there is no lien, the title will be mailed to the principal owner listed first on the application or to the address listed in the "Mail To" area.

For more information about Titles and Registration, please visit the Title and Registration section or the Publications section. Please allow two to three weeks processing time for Duplicate/Lost Title applications and six weeks processing time for New/Corrected/Transfer Title applications.

Obtaining a Car Title in Illinois The dealer will submit the necessary documents to the Illinois Secretary of State's office within 20 days of the sale. Once the paperwork is processed, a new title will be issued in your name and sent to you by mail.

In the state of Illinois, you must transfer the vehicle title into your name and apply for new license plates when you buy a vehicle. You may also transfer the license plates from another vehicle if those plates are in your name..

Once your last payment on your auto loan is posted to the account, proving that the entire loan is paid off, your lender should process the lien release and immediately inform the DMV. The DMV will then print and mail the official lien-free title document directly to you.

There are only nine title-holding states: Kentucky, Maryland, Michigan, Minnesota, Missouri, Montana, New York, Oklahoma, Wisconsin. In the other 41 states, titles are issued to the lien holder of your vehicle until the loan is fully paid off.

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Illinois Release of Lien for Car