Practice question
A customer has paid off their vehicle loan and the lender held an electronic title. What is the standard procedure for the customer to receive a lien-free title?
- The customer must request a paper title from the lender first.
- The MVD automatically prints and mails a new title to the owner after the lender electronically releases the lien.
- The customer must bring a paid-in-full letter from the lender to the MVD to have a new title printed.
- The lender mails the original paper title directly to the customer with a stamp indicating the lien is satisfied.
Answer: B — The MVD automatically prints and mails a new title to the owner after the lender electronically releases the lien.
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