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thresher97024 t1_j6nnyao wrote

Most states you take that letter to the local DMV and transfer the title to have the lien holder removed.

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GoddessOracle OP t1_j6noito wrote

Oh geez ok, didnt know that. I googled it & it said that MI is a non title holding state so I just assumed all was good. Is the DMV basically like the SOS?

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Individual-Fail4709 t1_j6nytt2 wrote

And make sure you take a copy of your registration AND the letter from the bank saying it is paid off. They require it to get the title in your name only.

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frzn_dad t1_j6p5vbf wrote

Where I am the bank does it, got my title about 3-4 weeks after paying off the loan.

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OwariRevenant t1_j6pj6kp wrote

My MIL sold a car a few years ago, in Michigan. The vehicle was fully paid off, but the title she had still had the lienholder on it. You definitely should get a new title with the lienholder removed.

Yes, the SOS is the same as the DMV in Michigan.

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thresher97024 t1_j6np266 wrote

DMV = department of motor vehicles in my state (Oregon). Not sure what SOS is. That said, you can call your local office and they will tell Jo if a transfer is necessary as well as what the costs may be.

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corp-mm t1_j6ns5vj wrote

Secretary of State. It's MI's equivalent of the DMV.

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NewBayRoad t1_j6optid wrote

Usually there is no rush. I clipped the letter to the title and stuck it in the safe. You will need the lein removed before you can do anything with the car though.

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