Can you tell me how to remove a lien from my title? I live in NY and want to have a title without a lien.
================
Have you paid your loan in full?
Yes, I just finish paying off my loan.
Then the lienholder must promptly send you a proof of lien satisfaction called a "lien release". This is usually a Notice of Recorded Lien (MV-901), marked and endorsed by the lender proving payment.
================
That's good to know. Do you have some more useful information about titles?
Of course. Simply read the DMV publication Let the Buyer Be Aware, Buying a New or Used Car (C-18) for helpful information about brands on titles and what they mean.
================
*makes no sense*
*makes no sense*
================
Alright. What if I'm the seller of a vehicle?
In that case the vehicle will immediately belong to the new owner, as soon as you sign.
You are talking about the line for "Seller's Signature", right?
That is correct.
================
What would I have to do if I was the new owner?
You will need proof of the purchase price for sales tax purposes -- have the seller fill out the appropriate NYS vehicle sales tax form, most often the "Affidavit of Sale/Statement of Transaction" (DTF-802) available at any motor vehicle office, by request from a DMV Call Center or from the DMV Internet Office.
