GA DMV Form T-77 Lien or Security Interest MV Title Release
Form T-77 Lien or Security Interest MV Title Release is used to release a lien or security interest on a motor vehicle's title in Georgia. It is typically used when a loan or financial obligation secured by the vehicle has been fully paid off.
Form Structure
This form involves the lienholder (lender), the vehicle owner, and the Georgia Department of Driver Services. It typically includes sections for the lienholder's information, details about the vehicle, and a statement affirming the release of the lien or security interest.
How to Fill Out and Submit the Form
The lienholder should complete the form accurately, providing information about themselves, the vehicle, and the release of the lien. Once filled out and signed by the lienholder, the form can be submitted to the Georgia Department of Driver Services to update the vehicle's title record.
This form is important for clearing a lien or security interest from a vehicle's title, indicating that the vehicle is free from financial encumbrances. It is typically used when a loan has been paid off or when the lien is no longer valid. Similar lien release forms may exist in other states, but requirements may vary.