NYS DMV Form MV-900.1. Notice of Lien - Charge Account Customer
Form NYS DMV MV-900.1 is filed by a lienholder who has a charge account with the DMV to record a lien on a vehicle title. This form is used to provide notice of the lien and initiate the lien recording process.
The form consists of sections where the lienholder can provide details about the lien, including information about the debtor, the vehicle subject to the lien, and any specific terms or conditions related to the lien agreement. Both the lienholder and the owner of the vehicle must sign the form.
If a title has already been issued, the original title must be submitted along with this form. Additionally, a $5.00 fee is charged to the escrow account of the lienholder if they have a charge account with the DMV.
It is important to accurately fill out all required fields and ensure that both the lienholder and the owner of the vehicle sign the form to acknowledge their agreement to the lien.
Application Example: Lienholders in New York State who have a charge account with the DMV can use this form to record a lien on a vehicle title. The form should be completed with accurate and complete information about the lien and the parties involved. This form is useful for establishing a legally binding lien on a vehicle title and protecting the lienholder's interest in the vehicle.
Related Forms: For lienholders who do not have a charge account with the DMV, Form MV-900 should be used instead of Form NYS DMV MV-900.1. Both forms serve the same purpose of recording a lien on a vehicle title, but the distinction lies in whether or not the lienholder has a charge account with the DMV.