How to Change a Lienholder

If you need to change the lienholder on your vehicle, follow these steps to ensure a smooth process. This guide outlines the necessary forms and additional considerations for completing this transaction.

Required Documents

To initiate the change of lienholder, gather and submit the following documents:

• REG 227 Form: This form is essential for notifying authorities about changes in ownership or lien status.
• Lien Release: Obtain a formal release from the current lienholder indicating that they no longer hold interest in the vehicle.
• REG 256 Form: This document may be required as part of your application to update records with new lien information.
• KSR Copy: Provide a copy of your Key Serial Record (KSR) which helps identify your vehicle’s unique details.

If Related to Previous Transactions

If this request is connected to an ongoing transaction stemming from a previous work order that was either voided or closed, there are additional considerations:

1. Contact SPU Team: It is advisable to reach out to the Service Processing Unit (SPU) team. They can provide guidance on any specific requirements related to prior transactions.
2. Mention Previous Work Order Number: When communicating with the SPU team, include the previous work order number. This reference will help them assist you more efficiently and understand any context surrounding your request.

Tips for Successful Submission

• Diligence: Please double-check all forms for accuracy before submission; errors can delay processing times significantly.
• Timeliness: Avoid delays by submitting all required documentation promptly after gathering everything needed.

This comprehensive approach will help facilitate changing your lienholder smoothly. Ensure all documents are correctly filled out and submitted according to guidelines provided by relevant authorities or agencies involved in managing liens on vehicles. If you have further questions, do not hesitate to contact customer support or legal advisors familiar with local regulations regarding vehicle liens.