West Virginia Release of Lien
Description
How to fill out Release Of Lien?
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FAQ
Both the seller and the buyer must sign the back of the West Virginia title. If it's an out-of-state title the previous owner must sign the title and the name and address of the new owner should appear on the title.
The lender will manually release your lien by signing and dating the lien release section on the title and mail the title to you directly. When you receive the title, you need to visit a DMV customer service center to apply for a substitute title and have the lien removed from DMV records.
You will also need to provide evidence (such as receipts and cancelled checks) showing that the lien has been paid in full, a notarized statement that you have made final payment on the lien, along with returned certified mail addressed to the lender requesting a lien release for your vehicle.
Virginia does not allow for the waiver of lien rights prior to performance. Virginia has no requirement that a lien waiver must be notarized. However, if your contract requires a notarized waiver in exchange payment, then the terms of contract apply.
7 days after paying off your vehicle loan, your title will be released and mailed to you by the DMV. If we have the title in-house, then our Title Department will mail it to you.
If there is a lien on the front of the title, it must be completely released and notarized. If not, the title must be accompanied by a notarized Lien release letter that specifies the vehicle's VIN number.
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.
My Property Has a Lien ? Now What? Pay Off the Lien ? Once you determine that the lien is valid, the simplest method for removing it is to pay it off. ... Request a Release-of-Lien Form ? After paying off the balance of your debt in full, the creditor will file a release-of-lien form.
