Maine Assignment of Operator's Liens
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How to fill out Assignment Of Operator's Liens?
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FAQ
Vehicles that are 25 model years and newer are required to have a title in the State of Maine (1998 model year and newer). As of October 25, 2023, vehicles that are 1997 model year and older are title exempt. As of January 1, 2024, vehicles that are 1998 model year and older are title exempt.
TITLE APPLICATION & RECORD FEES$33.00Application for duplicate title$33.00Application for corrected title$33.00Application for duplicate certificate of lien$33.00Assignment of a Vehicle Identification Number (VIN)18 more rows
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.
On the back of the title you will fill out completely the upper block of information that says ASSIGNMENT OF OWNERSHIP. Print the buyer(s) name and address on the lines provided. Enter Date of Sale. Under ODOMETER DISCLOSURE STATEMENT fill in the odometer reading in the space provided.
If an owner creates a security interest in a vehicle, the owner must complete an application stating name and address of lienholder. The owner must deliver the application to the lienholder with the certificate of title and fee.
TRANSFER OF OWNERSHIP. MVT-16. 8,932. An MVT-16 is used when there are alterations or missing information on the original title. A valid bill of sale is acceptable for purposes of transfer of ownership for private sales.
Once your car loan is completely paid off, obtain a car title lien release from your lender so your state BMV or DMV can put the car title in your name. The lien removal process varies by state and typically involves completing paperwork and paying a fee for the new car title.
When you visit the Maine DMV, you will need to provide the following information to complete the title transfer process: Your driver's license. The original title. Odometer reading. Proof of insurance. Proof of payment of excise tax. Payment for the title transfer fee.
