Massachusetts Release of Operator's Lien

State:
Multi-State
Control #:
US-OG-399
Format:
Word; 
Rich Text
Instant download

Description

This form is used when Operator deems all obligations due Operator by Nonoperator, and secured by a Lien, is paid in full and completely satisfied.

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FAQ

A lien release is a document that is filed in the public land records as the official notice that the lien is removed. Once payment has been received, a contractor has a duty to remove any lien that was filed against the property.

If you obtained a loan for your vehicle and that loan has been paid off, check with your lienholder (e.g., bank) first to see if they have your title. If they do not, obtain a signed letter from the lienholder on their letterhead indicating that the loan has been paid off.

Lien waivers in Massachusetts do not need to be notarized, but they must be signed ?under the penalties of perjury.?

Once the lien has been satisfied, the lienholder sends the RMV an electronic message to release the title. The RMV then prints and mails the title to the vehicle owner, or a third party if one has been designated by the lienholder.

Typically, it's the responsibility of the seller to pay off the lien on his or her property on or before the day of closing. Most liens are paid off from the proceeds of the sale at the time of closing.

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Massachusetts Release of Operator's Lien