Quote:
Originally Posted by twobjshelbys
Do the transaction at the bank with seller present. You give money to the bank, bank releases title.
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Whenever I have sold a vehicle that had a lien on the title, we went to the bank that had the lien and the buyer paid me, I paid off the loan, the title was signed over and the bank provided them with a lien release right then. It is bad practice to wait for a lien release. Once the seller has the money in hand there is no incentive other than good character to send a lien release to the buyer.