Utah Release of Lien for Car
Description
How to fill out Release Of Lien For Car?
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FAQ
It is unwise to rely on a seller's promise to ?get the title to you.? Although Utah law requires a seller to provide a title within 48 hours of the transaction, a common-sense approach is to obtain a title at the time of sale, or wait to pay for the vehicle until the seller can provide the title.
As long as the current title of record is a Utah title, the majority of person to person title transfers can be started online.
Most websites list Utah as a Title Theory state. In a Title State, the lender holds title to the property in the name of the borrower through a Deed of Trust. When the loan is completely paid off, the lender issues and records a Deed of Reconveyance in favor of the borrower who then has clear title to the property.
Remove a UT Car Title Lien The car title, completed by both you AND the lienholder. ... The lien release statement. A completed Vehicle Application for Utah Title (Form TC-656) IF you need to change an owner's name (e.g. following a marriage or divorce). Payment for the $6 lien release fee.
The title transfer fee in Utah is $6. In addition, whenever you buy a vehicle you must then pay the state both a use and sales tax, based on your purchase price and the city/county where the transaction took place.
A dealer shall, at the time of sale of a motor vehicle with a trade-in, notify in writing the person trading in the vehicle that the person remains responsible for any unpaid loan, lease, or other obligation related to the vehicle being traded in.
You may request a duplicate title online using our Motor Vehicle Portal (MVP), or by completing Form TC-123, Application for Duplicate Utah Title. A $6.00 title fee will be assessed, and the duplicate title should be received in about a week after making the application.
