Subscribe to our News and Updates to stay in the loop and on the road! She is invested in helping students navigate the high costs of college and breaking down the complexities of student loans. When cancelling a transaction, you may search using the VIN or by using the transaction date that the lien was filed. Because of this, it is very important that your car title accurately reflects the current owner. A lien is a form of collateral for a property owner or service provider, to ensure he or she will receive full payment for property they've sold or a service they've rendered. Visit or contact the DMV and verify that they received the loan satisfaction documents and any liens are removed from the vehicle's title. The content created by our editorial staff is objective, factual, and not influenced by our advertisers. No matter what, you will want to get the lender off the title as soon as you have completely paid off the loan. Lien releases may be faxed to (913) 715-2510, emailed to dmv@jocogov.org, or mailed to 111 S. Cherry St, Suite 1500, Olathe, KS 66061. The fastest and easiest way to do that is to visit your lenders office with the buyer to pay off the loan, remove the lien, and transfer the title to the buyer. Once your loan has been satisfied, however, you can have the lien removed from the car title. However, some DMVs have a lien search feature where you can find out who has the title for the vehicle and contact them directly. Driver License Reinstatements (Insurance Only), Ignition Interlock Vendor Oversite Program, Driver's License Reinstatement (Insurance Only), Renew your vehicle registration with iKan, Authorization for Electronic Funds Transfer, Application for Secured/Duplicate/Reissue Title (Form TR-720B), local county treasurers motor vehicle office, County treasurers motor vehicle office, Secured title and refinanced secured title - $10.00, If title is immediately needed, the vehicle owner may take release of lien to. A number of states have timelines for updating this information and penalties for failure to do so. Contact your states Department of Motor Vehicles if you needto replace a lost or damaged title. Consider your future finances before upgrading to a different car with a new payment, especially if your car is still in good condition. Not only does it help show who has full rights to the car, but it also documents who is liable for any infractions or issues that the car might be involved in. NOTE: The new owner must apply for title and registration within 60 days of taking delivery of the gifted vehicle. These non-certified payment methods may not ensure the quickest release processing. or at least make the sale significantly harder, says Brian DeChesare of Mergers and Inquisitions.

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