This Assignment of Lien form is for use by an individual lien claimant who furnished or supplied labor, materials, or laborers for the purpose of improvements of real property such that the lien claimant is entitled to a lien for the value of labor, materials, or laborers supplied, to give notice that he or she has assigned his or her claim and lien to another individual who shall have all the rights and remedies under law to which the lien claimant is entitled subject to all defenses that might be made if such assignment had not been made, for the purpose of filing and for the enforcement of the lien.
Mississippi Assignment of Lien - Individual
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FAQ
Directly under the statement Assignment of title by registered owner, write in the date the car was sold. On the next line, write in the name or names of the buyers and their address. On the next line, write in the odometer reading. Where it says Signature(s) of buyer, the buyer or buyers must sign the title.
Obtain a properly assigned title from the seller. Complete an Application for Mississippi Title and License (Form 78-002). Visit your local MS DOR office. Pay the appropriate title transfer fees, taxes, and registration fees.
You have 30 days to register your vehicle(s) in Mississippi if you have a current registration (license plate) in your prior state of residence. If you do not register within 30 days of moving into this state, you will be charged the standard late fees and a $250 penalty.
You must complete Form 78-006200b Application for Replacement Certificate of Title and pay a $9.00 fee. For a Fast Track title, complete Form 78-026 and pay a $39.00 fee. If you are planning either to buy or sell a vehicle and that vehicle's title is missing, the owner of the vehicle must apply for a duplicate title.
Visit your local MS DOR office so you can complete the Application for Replacement Certificate of Title (Form 78-006). Make sure to have the fee included, which is $9. The process typically takes about 14 days.
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.
Prepare the lien document, taking care to include all the necessary information set forth above including the required statements. Sign the document. Deliver the lien must the office of the clerk of the chancery court of the county where the property is located.
If you have the California Certificate of Title for the vehicle, the seller signs the title to release ownership of the vehicle. The buyer should then bring the signed title to a DMV office to apply for transfer of ownership.
Generally, the title transfer requirements include: The current title, the assignment filled in by the donor or seller, and notarized. A complete application for the replacement certificate of title.
