Maine Release of Lien for Car
Description
How to fill out Release Of Lien For Car?
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FAQ
Electronic Lien Titling Program. Maine Bureau of Motor Vehicles is launching an Electronic Lien Titling Program (ELT) on January 31, 2024. The program allows BMV and lenders, through a third-party service provider, to exchange lien and title information electronically.
Proof of a valid ME vehicle insurance policy. Payment for the title transfer fee: $33. Payment for the Maine car sales tax of 5.5% of the vehicle's purchase price.
If there are any liens shown on the front of the title that are not released, you will need to have it signed off by the lienholder, or obtain an original release document from the lienholder. See RELEASE OF LIEN form at the link .
Documents needed: Your bill of sale/sales agreement from the dealer. Blue title application (if the vehicle is a 1995 model year or newer) Evidence of insurance (ID card, policy or binder) White & yellow copy of registration application and excise tax receipt (from town office)
Maine doesn't require an in-state driver's license. You must bring your out-of-state title and registration (if transferring from another state) and your Maine insurance card. Massachusetts only requires you to prove lawful presence in the U.S. to register a vehicle in the state.
MVT-16. AFFIDAVIT OF SURVIVING SPOUSE/PERSONAL REPRESENTATIVE.
CURRENT WAIT TIMES FOR PROCESSING OF MOTOR VEHICLE TITLESRegular Issue TitleRush Title and Rush DuplicateDuplicate Title2 weeks3-5 Business Days5-8 Business DaysAll time frames are based upon receipt of accurately completed applications within the production unit and are exclusive of mail time.
A Maine motor vehicle power of attorney allows one person to designate another person to represent them with the Maine Bureau of Motor Vehicles. This is used in the event the former needs someone to handle the titling or registration of their vehicle.
Finalize Transferring Your Vehicle Title with Maine BMV A vehicle title application or manufacturers certificate of origin (form MVT-2) Bill of sale. Proof of a release of lien (if applicable) An odometer disclosure statement. Proof of a valid ME vehicle insurance policy. Payment for the title transfer fee: $33.
A vehicle 1994 and older does not need a Maine title. To register a vehicle purchased through a private sale, the new owner must provide the following items at the time of registration: 1.
