Lien Satisfaction

When you pay off your vehicle loan, be sure that the lien release is noted on DMV's records and obtain an updated copy of your title.

1. If your lender participates in Virginia's Electronic Lien program, the lender will electronically release the lien with DMV. A new title will be mailed to your address on record with DMV. DMV's records will no longer show a lien on the vehicle. "Lien Satisfied" and the date will be printed on your title. You do not need to take any action.

2. If your lender does not participate in Virginia's Electronic Lien program, the lender will mark on the title that the lien was satisfied and mail the title to you. However, this does not remove the lien from DMV's records.

To remove the lien from DMV's records, bring the title to any DMV customer service center and apply for a substitute title. The fee is $10.00. DMV will issue you a new title. "Lien Satisfied" and the date will be printed on the new title.

DMV urges you to remove the lien from DMV records as soon as you receive the title from your lender. If you lose the title or it is destroyed, you must obtain a lien release letter from the lender. This may be difficult if the lender changes names, address, merges, or goes out of business.

If you are unable to obtain a lien release letter because the vendor has merged, changed names or address, contact the State Corporation Commission to request information about the vendor's new name or location. If the lender has gone out of business, you will need a letter from the State Corporation Commission stating that the vendor is no longer in business. You will also need to provide evidence (such as receipts and cancelled checks) showing that the lien has been paid in full, along with a notarized statement to that effect.