FINDERDOC.COM – REG 166 – Lien Satisfied/Title Holder Release – This article will provide information about California’s REG 166, which is the Lien Satisfied Title Holder Release form. The REG 166 is an important document issued by the Department of Motor Vehicles (DMV) to owners of vehicles when they have paid off their liens. It is used to transfer ownership from one individual to another and serves as proof that a vehicle has been fully paid for. This document must be completed in its entirety and signed by both the seller and buyer before being submitted to the DMV for processing.
Download REG 166 – Lien Satisfied/Title Holder Release
|Form Number||REG 166|
|Form Title||Lien Satisfied/Title Holder Release|
|File Size||115 KB|
|Form By||California DMV Form|
What is a REG 166 Form?
REG 166 is a form used by the California Department of Motor Vehicles (DMV) to document that a lien against a motor vehicle has been satisfied. The REG 166 Form is provided to the title holder when an existing lien on their vehicle has been released, and ownership of the vehicle has been transferred from one entity to another. This form should be kept with both parties for future reference in case any discrepancies arise concerning the transfer of ownership.
The REG 166 Form must be completed by the original title holder and signed by both parties in order for it to be considered valid. This form also includes important information such as the make and model of the vehicle, year, VIN number, and license plate number which are all necessary for DMV records.
What is the Purpose of REG 166 Form?
REG 166 form, also known as the Lien Satisfied Title Holder Release, is a form created by the California Department of Motor Vehicles (DMV). It serves as evidence that all liens or security interests have been satisfied on a vehicle. The form must be completed and signed by the lien holder in order to receive title from them. The DMV requires that this form be used when transferring title to another person or entity after a lien has been paid off.
The purpose of REG 166 is to provide proof for both parties involved in the transfer of title showing that all liens have been paid off and released. This ensures that no other debts remain with the vehicle before it can be sold or transferred to a new owner.
Where Can I Find a REG 166 Form?
The California Department of Motor Vehicles (DMV) provides REG 166 forms online, free of charge. This form is necessary to release the lien on a vehicle when a loan has been paid in full and the title needs to be transferred to the vehicle’s new owner. To locate a REG 166 form, visit the California DMV website and navigate to the “Forms & Publications” page. Here you will find all of the forms needed for registering vehicles or transferring titles in California. Select “REG 166 – Lien Satisfied Title Holder Release” from this list and then click on “Download PDF” to begin your download.
In addition to downloading a copy of REG 166 from the DMV website, you may also contact your local DMV office and request one in person or by mail.
REG 166 – Lien Satisfied/Title Holder Release
REG 166 – Lien Satisfied Title Holder Release is a form that must be used to release a lien on a vehicle in California. This form must be filled out when the lien holder has been paid off and agrees to release the title. It includes information such as the name of the new title holder, mailing address, vehicle identification number, and license plate number. The form must also include an original signature from the lien holder agreeing to release the title.
Once completed, REG 166 – Lien Satisfied Title Holder Release needs to be submitted with other documents required for transferring ownership of the vehicle at any California Department of Motor Vehicle office or authorized Registration Service Provider. This can also be done online via DMV’s online portal, with an associated fee depending upon where it is processed.