The Arkansas 10 315 form serves as an official document for the release of a lien or permission to issue a replacement title for a vehicle. This form is essential for individuals seeking to clear their vehicle's title after a lien has been satisfied or to obtain a new title in specific circumstances. Understanding how to properly complete and submit this form can simplify the process of managing vehicle ownership and title issues in Arkansas.
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When filling out the Arkansas 10 315 form, consider the following guidelines:
The Arkansas 10 315 form is an official document used to release a lien on a vehicle or to grant permission to issue a replacement title. It is important for lien holders to complete this form when a debt has been satisfied or when a replacement title is needed.
This form must be filled out by the lien holder, which is typically a bank, credit union, or other financial institution that provided financing for the vehicle. The lien holder certifies that the lien has been satisfied or gives permission for a replacement title to be issued.
The form requires several key pieces of information, including:
If the lien is not satisfied, the lien holder must indicate this on the form. You should contact the lien holder directly to discuss the outstanding balance or any issues regarding the lien. It’s essential to resolve any outstanding debts before attempting to obtain a replacement title.
Yes, the Arkansas 10 315 form can be used for any vehicle that has a lien against it, as long as the lien holder is the one completing the form. This includes cars, trucks, motorcycles, and other motor vehicles registered in Arkansas.
The completed form can be submitted to the Arkansas Department of Finance and Administration. It is advisable to check their website or contact them directly for specific submission guidelines and any associated fees.
There may be fees involved when submitting the form, especially if you are requesting a replacement title. It’s best to consult the Arkansas Department of Finance and Administration for the most accurate and current fee information.
The Arkansas 10 315 form can typically be found on the Arkansas Department of Finance and Administration's website. You can download and print the form directly from there, or you may also request a physical copy from the department if needed.
STATE OF ARKANSAS
OFFICIAL RELEASE OF LIEN
OR
PERMISSION TO ISSUE A REPLACEMENT TITLE
PLEASE TYPE OR PRINT
To Whom It May Concern:
This is to certify that the lien held by
Of
(Name of Lien Holder)
On one
(Address of Lien Holder)
Year
Make
Model
Body Style
VIN (Vehicle Identification Number)
Dated
in the amount of
Owned by
is:
(Owner’s Name)
Satisfied and hereby released as of
date.
Not satisfied. Permission is granted to issue a replacement title in the name of:
(Signature of Lien Holder)
10-315
REV. 12/06