West Virginia Release of Lien for Car
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How to fill out Release Of Lien For Car?
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FAQ
If you qualify, you can transfer ownership and register a motor vehicle without visiting a customer service center or mailing documents to DMV. You will not receive a paper title; instead, the title will be held electronically by DMV.
If the vehicle is purchased from an individual and the purchase price is below 50% of the current NADA Clean Loan Book value, a notarized bill of sale must accompany the application for title, or the tax will be assessed on the NADA Clean Loan Book value.
West Virginia is among some two dozen states opting for electronic ways to issue vehicle titles. Last month Gov. Jim Justice announced the digitization plan that will enable West Virginians to access and keep their vehicle titles online or on their smartphones similar to the use of electronic airline boarding passes.
If the title is lost and the vehicle has never had a lien, the vehicle owner must complete an Affidavit of Duplicate Title for a Vehicle or Watercraft (DMV-4-TR) form, supply a copy of their driver's license, the registration card (if available), and the title fee of $15 to get a duplicate title issued.
What You'll Need to Transfer your Vehicle Title in West Virginia The completed signed original title. If the car is less than 10 years old, the odometer reading must be noted and both parties must sign. Your driver's license. Completed Application for Certificate of Title. Payment for $10 title transfer fees and taxes.
After you make your final auto loan payment, your lienholder will send you the properly completed and notarized car title and possibly a notarized lien release statement.
To remove the lien from DMV's records, bring the title to any DMV customer service center and apply for a substitute title. The fee is $15.
The nation's first digital vehicle titling clearinghouse now allows auto retailers, insurance carriers, fleet operators, and lenders nationwide to gain?? new titles, transfer titles, or replace titles through the West Virginia DMV online, even when the vehicle is located in another jurisdiction.
