Edit, Download, and Sign the Affidavit of Lien Release - Oklahoma Form 797-C
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How do I fill this out?
To fill out this affidavit, you'll need to gather relevant vehicle information. Ensure all details such as debtor's name and vehicle ID are accurate. Finally, sign the document in the presence of a notary public.
How to fill out the Affidavit of Lien Release - Oklahoma Form 797-C?
1
Gather the necessary vehicle and lien holder information.
2
Complete all fields accurately, paying special attention to required items.
3
Sign the document in the presence of a notary public.
4
Have the notary public complete their section, including signature and seal.
5
Submit the form to the appropriate agency.
Who needs the Affidavit of Lien Release - Oklahoma Form 797-C?
1
Vehicle owners releasing a lien after payment is completed.
2
Financial institutions needing to document a lien release.
3
Automobile dealerships managing vehicle financing.
4
Title agencies handling vehicle title transfers.
5
Legal representatives assisting clients with vehicle ownership issues.
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Edit this PDF on PrintFriendly by opening the document in our editor. Make modifications such as adding or correcting vehicle and lien holder information. Once satisfied with your changes, you can download the edited document.
1
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2
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4
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What are the instructions for submitting this form?
Submit the notarized Affidavit of Lien Release to the Oklahoma Tax Commission Motor Vehicle Division at 2501 North Lincoln Boulevard, Oklahoma City, OK 73194. You may also fax it to (405) 521-3535. Ensure to keep a copy for your records and contact the Commission for any clarification regarding submission procedures.
What are the important dates for this form in 2024 and 2025?
For the years 2024 and 2025, ensure to check the latest updates regarding submission deadlines and any changes to the form requirements.
What is the purpose of this form?
The Affidavit of Lien Release serves as a formal declaration from a lien holder stating that they are releasing their claim on a vehicle. This is crucial for transferring ownership and clearing vehicle titles. By completing and notarizing this form, individuals and financial institutions can ensure legal clarity when a lien is satisfied.
Tell me about this form and its components and fields line-by-line.
- 1. Vehicle ID Number: A unique identifier for the vehicle being released.
- 2. Name of Debtor: The name of the person or entity whose vehicle is under lien.
- 3. Lien Holder: The name of the organization or individual that holds the lien.
- 4. Date of Lien: The date when the lien was originally established.
- 5. Date of Release: The date when the lien is officially being released.
- 6. By: Signature of the lien holder representative.
- 7. Notary Public: Section for the notary’s signature, date, and seal.
What happens if I fail to submit this form?
Failure to submit this form may result in unresolved liens on the vehicle, affecting its title transfer. This can lead to complications in ownership and potential legal disputes. It's crucial to ensure that this affidavit is submitted to avoid such issues.
- Unresolved Liens: If the form is not submitted, the lien may remain active, complicating future transactions.
- Title Transfer Issues: Failure to clear the lien may prevent clean title transfers during vehicle sales.
- Legal Implications: Not submitting can lead to legal challenges regarding ownership disputes.
How do I know when to use this form?
- 1. After Loan Payoff: When a borrower pays off a car loan, the lender must release the lien using this form.
- 2. Ownership Transfer: This affidavit is used during the transfer of vehicle ownership to clear past liens.
- 3. Legal Documentation: It serves as an essential document in legal disputes regarding vehicle ownership.
Frequently Asked Questions
What is Form 797-C?
Form 797-C is the official 'Affidavit of Lien Release' required by the Oklahoma Tax Commission.
Who should fill out this form?
This form should be filled out by lien holders releasing their claim on a vehicle.
How do I notarize this form?
You need to sign the document in the presence of a licensed notary public for it to be notarized.
Where do I submit the completed form?
Submit the completed Affidavit of Lien Release to the Oklahoma Tax Commission Motor Vehicle Division.
Can I edit this form online?
Yes, you can easily edit this PDF using PrintFriendly's PDF editor.
What if I make a mistake on the form?
You can edit the PDF before submitting to correct any mistakes.
Is there a fee for submitting this form?
Check with the Oklahoma Tax Commission for any potential fees related to submitting this affidavit.
How do I contact the Oklahoma Tax Commission?
You can contact them at (405) 521-3535 for inquiries regarding the form.
What do I do if the lien holder changes?
In such cases, the current lien holder must fill out and submit this affidavit.
Can I download the form after edits?
Yes, after editing, you can download the updated PDF for your records.
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