This form is a release of a lien. The form provides that the lienholder chooses to release a certain parcel of property and the owner from all liability arising from the labor performed and materials furnished by the lienholder under the terms of a contract mentioned in the document.
Hawaii Release of Lien
Category:
State:
Multi-State
Control #:
US-01775-AZ
Format:
Word;
Rich Text
Instant download
Description
How to fill out Release Of Lien?
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FAQ
About Hawaii Final Unconditional Lien Waiver Form Signing this waiver signifies that payment has been received and no further payments are expected following the payment described in the waiver. Because this hi lien waiver form is unconditional, it should only be used when payment has actually been received.
After demand and refusal of the amount due or upon neglect to pay same upon demand, the lien may be enforced by action filed in the circuit court of the circuit in which the property is situated.
If there is a lien on the title, the lienholder must release interest in the vehicle before the car is sold. This can be achieved either by the seller paying off the car or by getting a lien release from the lienholder. For cars with a lien, Section B on the back of the title must be filled out by the lienholder.
Complete the new lienholder portion on the reverse side of the certificate of ownership or certificate of title. If the vehicle is registered in joint ownership, both parties must sign. Submit the properly endorsed certificate of ownership or certificate of title and the current certificate of registration.
Motor Vehicles - Fee Information ItemFeeCounty Fee$12.00Transfer Fee$5.00 - the annual fee must also be included if the vehicle has not been licensed for the current year of within 45 days of the vehicle's staggered expiration month.Duplicate Title$5.00Duplicate Registration$5.0010 more rows
Give the new owner the endorsed certificate of title, the current certificate of registration and certificate of safety inspection. Complete a notice of transfer form and mail it within 10 days to the county motor vehicle registration office where the vehicle was last registered.
If you have the cash ready to pay off the loan and then sell your car, you can do that. Otherwise ask the buyer to provide the money to the lender and have the title mailed directly to them. If you have a close relationship with the buyer (like a neighbor or friend) this will work.
