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Lien satisfaction letter

Lien satisfaction letter 2025

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The document is a form from the California Department of Motor Vehicles used to certify the satisfaction of a lien on a vehicle or vessel. It requires notarization if submitted with an application for a duplicate title and cannot be used for vehicles newer than two model years. The form includes sections for vehicle information, registered owner details, and the lienholder's release of interest.

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See more lien satisfaction letter versions

We've got more versions of the lien satisfaction letter form. Select the right lien satisfaction letter version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2016	4.8 Satisfied (75 Votes)
2015	4.3 Satisfied (158 Votes)
2012	4 Satisfied (29 Votes)
1997	4.1 Satisfied (32 Votes)

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Is a lien satisfaction letter the same as a lien release?

A Satisfaction of Mortgage, sometimes called a release of mortgage, is a document that acknowledges that the terms of a Mortgage Agreement have been satisfied, meaning that a borrower has repaid their mortgage loan to the lender.

What is the difference between lien release and satisfied?

Lenders can either: 1) Release the lien and declare the debt paid and settled in full (called a full release and satisfaction) or 2) Release the lien only from the property and still consider you personally liable for any unpaid balance of the loan (lien release only).

What is the difference between release and satisfaction?

A release is a relinquishment of a right, which may be given gratuitously or for inadequate consideration, while an and satisfaction is the discharge of a debt or claim by the acceptance of some payment which is agreed to constitute full satisfaction.

Is satisfaction of mortgage the same as lien release?

As a result, a mortgage lien release is required to free the title and the borrower from that lien. The release does not erase the lien. Instead, the release is filed as a subsequent and corresponding instrument in the public record. It may also be called a satisfaction or deed reconveyance.

What is a loan satisfaction letter?

Contact the lender: Reach out to your car loan lender and inform them that you have paid off the loan and need a lien release. Provide them with all the necessary information, such as your loan account number, vehicle details, and the date of loan payoff.

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What is a letter of lien release?

When you borrow money to purchase a car, the lender files a lien on the vehicle with the state to insure that if the loan defaults, the lender can take the car. When the debt is fully repaid, a release of the lien is provided by the lender.