Removing a Lien in Oklahoma

When you finance your car in Oklahoma and are still in the process of paying off your loans, there will be a lien on your car title. The car will not legally be considered your property until your car loan has been satisfied and you get the lien released by the Oklahoma Motor Vehicle Division (MVD).

What Is an OK Vehicle Lien?

A lien is a form of legal protection for a lender, property owner, or service provider, giving them a path of legal recourse to recoup any money they would miss out on if a bill or loan goes unpaid.

The lienholder on your Oklahoma car title will be able to repossess your vehicle in the event that you are unable to complete payments on your car loan.

Before a lienholder can take this step, the OK MVD must contact you.

Who Is an Oklahoma Lienholder?

The person or place of business at financial risk if you fail to pay your loan is usually the lienholder. The lienholder on your car title is the company or individual who issued your car loan. Most of the time, an Oklahoma lienholder will be a credit union, bank, or other lending institution.

Your lienholder will have your car title in his or her possession until your car loan is paid off. The name of the lienholder will also be on the title until that time.

Removing Liens from Oklahoma Titles

Once you've paid off your car loan, you will be able to remove the lien from your Oklahoma car title. In order to do that, your lienholder must:

Complete, sign and date the Affidavit of Lien Release (Form 797-C).
- One copy will be mailed to you.
- The other copy must be mailed to the OK Motor Vehicle Division at:
  - Oklahoma Service Oklahoma Motor Vehicle Liens
  - P.O. Box 26800
  - Oklahoma City, OK 73126

NOTE: If you can not obtain a lien release, your lienholder must send you a notarized statement using the instructions on the Lien Release Affidavit Letter (Form FL-797).