Form HSMV 82260. Lien Satisfaction - Florida

Form HSMV 82260. Lien Satisfaction - Florida

The Form HSMV 82260, also referred to as the Lien Satisfaction form, is used in Florida to release a lien on a vehicle. The purpose of this form is to notify the DHSMV that a lienholder has satisfied their interest in a vehicle and that the lien should be removed from the vehicle's title.

When completing this form, important details such as the vehicle identification number (VIN), the lienholder's name and address, and the date of satisfaction must be provided accurately. These details are crucial to ensure the proper release of the lien and update the vehicle's ownership records.

It is essential for both the lienholder and the vehicle owner to sign the form to validate the lien release. The lienholder's signature confirms that the lien has been satisfied, while the vehicle owner's signature acknowledges the release of the lien from the vehicle's title.

This form is typically utilized when a loan or financing company has received full payment for the vehicle, and they need to release the lien officially. Once the lien satisfaction is recorded by the DHSMV, the vehicle's title can be updated, and the ownership can be transferred without any encumbrances.

Example:

An individual has recently paid off their car loan and received a notice from the finance company stating that the lien on their vehicle has been satisfied. To remove the lien from the vehicle's title, the individual completes Form HSMV 82260, providing the necessary details such as the VIN, lienholder information, and the date of satisfaction. They sign the form along with the lienholder, indicating the release of the lien. Submitting this form to the DHSMV ensures that the lien is officially removed from the vehicle's title record.

Related Form: An alternative form that serves a similar purpose is Form HSMV 82139 (Application for Notice of Lien/Reassignment of Lien or Notice to First Lienholder of Subsequent Lien).