Form 735-524 Statement of Lien Satisfaction - Oregon

What Is Form 735-524?

This is a legal form that was released by the Oregon Department of Transportation - Driver and Motor Vehicle Services - a government authority operating within Oregon. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 735-524?
A: Form 735-524 is the statement of lien satisfaction form used in Oregon.

Q: What is a lien satisfaction?
A: A lien satisfaction is a legal document that proves a debt has been paid in full.

Q: Who needs to use Form 735-524?
A: Anyone in Oregon who has paid off a lien on their property needs to use Form 735-524 to provide proof of the lien satisfaction.

Q: What information is required on Form 735-524?
A: Form 735-524 requires information such as the lienholder's name, the debtor's name, the secured party's name (if different from the lienholder), and the vehicle identification number (VIN) or the vessel hull identification number (HIN), among other details.

Q: Are there any fees to submit Form 735-524?
A: Yes, there is a fee to submit Form 735-524. The current fee can be obtained from the Oregon Driver and Motor Vehicle Services Division.

Q: Is Form 735-524 specific to Oregon?
A: Yes, Form 735-524 is specific to Oregon. Other states may have their own forms for lien satisfaction.

Q: Is it necessary to file Form 735-524 with multiple copies?
A: No, only one copy of Form 735-524 needs to be filed.

Q: What should I do with the completed Form 735-524?
A: The completed Form 735-524 should be submitted to the Oregon Driver and Motor Vehicle Services Division.

Q: How long does it take to process Form 735-524?
A: The processing time for Form 735-524 may vary. It is recommended to check with the Oregon Driver and Motor Vehicle Services Division for the current processing times.