Oklahoma Release of Judgment Lien - Case on Appeal

State:
Oklahoma
Control #:
OK-AOC-21B
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Description Oklahoma Lien Release

This is an official form from the Oklahoma State Courts Network, which complies with all applicable laws and statutes. USLF amends and updates the forms as is required by Oklahoma statutes and law.

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FAQ

The lender will also notify the Department of Motor Vehicles (DMV) that the loan has been paid in full. If you don't receive the lien release, submit a request to your lender for proof that the loan has been satisfied. This request can be made through the DMV or directly to the lender.

Satisfy the terms of the loan by paying the balance of the loan back to the lender, including any interest incurred. If you don't receive the lien release, submit a request to your lender for proof that the loan has been satisfied.

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.

A Lien Release (also considered a Lien Cancellation or Release of Lien) is a legally binding document that is sent by the current lien holder, the individual who has leased the property or provided payment to secure the property, that informs any debt in relation to that property has been fulfilled and they relinquish

The typical amount of time is 30 to 60 days. Some banks will send the lien release directly to the department of motor vehicles or the county recorder's office on behalf of the borrower, while others send the release to the borrower who then must file it.

For a Lien only: $10.00 Lien fee plus $1.55 Mail fee. 3. The MLA will stamp and record the date, time and receipt number on the face of the titling documentation and attach one copy of the MV-21-A and one copy of the lien fee receipt.

The release of lien may be a separate document or it could be the original vehicle title, with the lien signed off on the front. All titles and releases of lien are sent via regular, first-class mail.

Depending on state laws, paper titles are generally mailed and electronic titles and/or liens are released to the motor vehicle agency approximately 10 business days after the payoff is received. Allow 15-30 days for receipt of your title based on mail time and/or motor vehicle agency process.

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Oklahoma Release of Judgment Lien - Case on Appeal