The term security interest (lien) refers to an agreement between the vehicle owner and the lender (lien holder), using the vehicle as collateral. Remove a lien on a piece of property with LawDepot's free Lien Release form.Customize, download, and print your form now. It can take up to six weeks or more to have the lien removed from your car title and make it officially yours. When there is a first secured party listed on the title, the State of MN requires you turn in the lien release along with the title. Please utilize this form to request a Lienholder release a title with a Lien to the MVC, in order to re-title the vehicle in New Jersey with a Lien. How to Sign Your Car Title in Minnesota. Do I have to notify the DMV about my car donation? Speed lien and title release from weeks to days, reduce holding costs, and gain recognize fuller profits on trades. Find out how much your dealership could save.