Blythewood, SC – Beginning May 1, 2012, the South Carolina Department of Motor Vehicles (SCDMV) will no longer accept Form 450, Satisfaction of Lien, to remove a lien from a title record. The form will no longer be available on the agency website, through the warehouse or in DMV offices as of April 2, 2012.
“We’ve seen an increased number of fraud attempts using Form 450 during the past few months,” said Vehicle Services Director Lotte Devlin. “The form isn’t a secure way to prove the satisfaction of a lien and we want to do all we can to maintain the integrity of the process.”
To remove a lien from the title record, lien holders may release the lien electronically on electronic titles, complete the lien release on the front of the title document or submit a letter on company letterhead. Lien holders that choose to submit a letter should include the following information:
- Owner’s Name
- Vehicle Identification Number
- Title Number
- Lien Release Date
- Signature of Authorized Company Representative.
Should you have questions regarding the information contained in this bulletin, please contact the SCDMV Contact Center at 803-896-5000 or help@scdmvonline.com.
Information received via SCDMV bulletin on March 23, 2012
