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If there is a lien on a vehicle, yes, you should be concerned, very concerned. It could be a clerical error, lack of an update on the cars history or an outdated report, or it could be something very serious such as someone trying to sell a car they do not own. In any case, you need to protect yourself.
VERMONT TITLES From 1/1/2022 12/31/2022, Vermont will title all vehicles with the model year 2008 or newer. All Titles (except ATV) = $35.00, ATV Titles = $22.00. Lien fee = $11.00.
It can take roughly two to six weeks to get your title after paying off a car. The variables include time for your states processes and for the lienholder to send notification of the loan payoff.
What is a lien title? In short, a lien title is a legal claim to someones property. Anyone who finances a vehicle purchase will likely have a lien on the financed property. If you satisfy the terms of your agreement, the lien will be removed, and youll own the property free and clear as they say.
What is a lien release? A lien release removes the lien claim once the loan is paid off in full. When you pay off your loan and fulfill all other aspects of your agreement, your lender will release the lien and sign over the title to you. Once this is complete, the car is yours free and clear.

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You have to request lien release documentation from your bank or whoever you had the loan through. You will then take that paperwork to the DMV and they will file it for you and remove the lien.
You can find information on property records by contacting your local Secretary of State or county recorder of deeds. After you pay off your mortgage, your lender should also return the original note to you. You can also contact the company that paid off your loan to find out if the lien was released.
A lien is created as soon as you finance a car. In most states that means the lender holds the cars title and is considered the vehicles legal owner until the loan is paid in full. The lien protects the lender and allows them to repossess the car if the borrower stops making payments.

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