Oklahoma Release of Lien for Car

State:
Multi-State
Control #:
US-01775-AZ-2
Format:
Word; 
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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.

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FAQ

Effective July 1st, 2022, Oklahoma became a title-holding state for all vehicles, boats, and motors that are issued a title. We are here to help you stay informed and understand the changes on this new title-holding requirement in sunny Oklahoma!

There is no fee to release a lien in our system. However, if you wish a new title to be issued reflecting that the lien is no longer active, you may take your lien release and title to any Service Oklahoma Licensing Office or Licensed Operator.

A Notice of Transfer is a form which can be completed online or at a tag agency and submitted in order to put the Oklahoma Tax Commission Motor Vehicle Division on notice that you have sold your vehicle and to whom you have sold it to. The cost is $10.00. Download the Notice of Transfer form here.

Failure to deliver certificates of title within thirty (30) days of the sale of the vehicle may subject the dealer to a One Hundred Dollar ($100.00) fine. The title should be properly assigned to the purchaser by writing the name and address of the purchaser on the back where indicated.

State law requires the dealer to deliver the title to you within 31 days of purchase. You need to receive the title within the legal window to guarantee you have time to get your car registered and plates at the BMV within the time allowed by law. Haven't received the title? We can help.

Answer: Filing a Title 42 for the vehicle is the only way to get your money back, if the owner refuses to pay or abandons the vehicle. The Title 42 paperwork will bill the owner for the parts/labor costs, the cost of hiring us to complete your Title 42, and number of days of storage.

Under Oklahoma law, do purchasers have any recourse against a used vehicle dealer who fails to transfer the certificate of title to the purchaser after delivery when the purchaser paid in full and had no written contract with the dealer? Yes.

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Oklahoma Release of Lien for Car