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The lienholder then releases their lien electronically which allows the customer to pick up the title directly from the Ohio BMV on the following business day. Some states may take up to three months for a paper title to be produced after an electronic lien release, though this is uncommon. [citation needed]
In some states, such as New York and Maryland, the transferred title is sent directly to that individual, but the name of the lender or lienholder appears on the title as well. In order to release the lien upon full payment, the lender sends a notarized release or other complementary document to the individual.
Titles are issued at the county level by the Clerk of Courts. Oklahoma: Department of Public Safety: Tax Commission: Driver licensing is handled by the Oklahoma Department of Public Safety, while the Oklahoma Tax Commission handles vehicle registrations and titles. Vehicle registration services are semi-privatized in Oklahoma, with businesses ...
Electronic Lien Release Service Now Available in Maine Secretary of State Matthew Dunlap reminds lending institutions they now have the ability to release their liens on motor vehicle title ...
The record title system differs significantly from land registration systems, such as the Torrens system, that have been adopted in a few states. The principal difference is that the recording system does not determine who owns the title or interest involved, which is ultimately established through litigation in the courts.
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