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Title Liens

A lien is usually placed on a vehicle when you first purchase it unless you pay the full cost with your own funds. A lien may also be placed on a vehicle if you refinance it. Your lien will be recorded on your title.

Once you title your vehicle in Vermont, DMV forwards your title with the lien recorded to your lender (lien holder). You will receive the registration card and license plates if you have also registered the vehicle.

Releasing the Lien

When you pay off your vehicle loan, the lender must send you the title showing your lien as satisfied. When you receive the title, you can either:

  • Exchange it for a clear title and pay the fee for a new title, or
  • Keep the title that displays the lien as satisfied.

Transferring a Vehicle with a Lien

If there is an existing lien on your vehicle and you are transferring the vehicle to another individual, you must contact the lien holder. The lien holder must agree to this transfer and provide you with the Vermont title. If the buyer is assuming the unpaid balance of the loan and was not on the original contract, the lien holder should satisfy the existing lien and record a new lien for the buyer.

Undisclosed Lien

The vehicle has entered the titling jurisdiction from a jurisdiction that does not disclose lien-holder information on the title.  The titling jurisdiction may issue a new title without this brand if no notice of a security interest in the vehicle is recieved, within a jurisdiction defined time frame.

 

Download the PDF form to your computer and then open it with Adobe Reader

Title Sort descending ID# Description
Lien Add
VT-019
To add or adjust a lien to an existing Vermont title.
Lien Release
VT-008
To release a lien on a existing Vermont title

FAQs

Do I need a title for a twenty (20) year old vehicle?

No

I am trying to register a vehicle that is more than 15 years old, what do I use for a title?

Your "bill of sale".

How can I change the ownership of a vehicle without a title?

If the vehicle is more than 15 years old you may use the "bill of sale."

If the vehicle is 15 years old or less, you must obtain a replacement title.

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