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As of July 1, 2022 Oklahoma is a title holding state. Once the Oklahoma title is released, the title will be mailed to or held electronically for the lien holder.
Once you pay off your car loan, you own the vehicle outright, and the lienholder can be removed from the vehicles title.
As of July 1, 2022 Oklahoma is a title holding state. Once the Oklahoma title is released, the title will be mailed to or held electronically for the lien holder.
To release a lien, the lien holder must sign and date two (2) release of lien forms. Mail one (1), signed and dated, copy of a lien release to the Oklahoma Tax Commission, P.O. Box 269061 Oklahoma City, Ok 73126, and one (1), signed and dated, copy of the lien release to the debtor.
When you pay off your car loan, youll be able to remove the lien from the Certificate of Title. In most cases, your lender should send you a lien release statement and the signed title within a few weeks of your final payment. After that, youll be able to complete a lien release with your local Oklahoma DMV office.
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People also ask

(b) If the lender is out of business and no longer available, their lien may be released by the following procedure: (1) A certified letter, restricted delivery, requesting a lien release and listing the year, make, and vehicle identification number is to be sent to the lenders address listed on the Motor Vehicle
To release a lien, the lien holder must sign and date two (2) release of lien forms. Mail one (1), signed and dated, copy of a lien release to the Oklahoma Tax Commission, P.O. Box 269061 Oklahoma City, Ok 73126, and one (1), signed and dated, copy of the lien release to the debtor.
Complete an Application for Oklahoma Certificate of Title for a Vehicle (Form 701-6) Obtain proof of a valid Oklahoma vehicle insurance policy. Proof of a lien release (if applicable) Payment for all applicable vehicle titling fees.
Answer: A Title 42 is a process that is done in order to retrieve a title to any vehicle (any vehicle that is required to have a title, by law in Oklahoma) such as a car, truck, motorcycle, scooter, boat/boat motor, van, RV, trailer, semi, mobile home, ATV, UTV, snowmobile, manufactured home, etc.
To release a lien, the lien holder must sign and date two (2) release of lien forms. Mail one (1), signed and dated, copy of a lien release to the Oklahoma Tax Commission, P.O. Box 269061 Oklahoma City, Ok 73126, and one (1), signed and dated, copy of the lien release to the debtor.

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