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1. Vehicle Identification: Vehicle details including VIN, make, model, year, and registration number
2. Lien Holder Details: Complete information about the financial institution or party releasing the lien
3. Vehicle Owner Details: Full legal name and contact information of the vehicle owner
4. Release Statement: Formal declaration releasing all claims, rights, and interest in the vehicle
5. Execution: Date, signature blocks, and witness requirements for the lien holder
1. Payment Confirmation: Section confirming receipt of final payment, used when release is contingent on payment verification
2. Prior Lien History: Section detailing the original lien agreement and payment history, used for complex cases or when required by local regulations
3. Third Party Authorization: Section for cases where the release involves authorized representatives or agents acting on behalf of either party
1. Schedule A - Vehicle Documentation: Copies of vehicle registration documents (V5C) and technical specifications
2. Schedule B - Payment Records: Documentation of payment completion and settlement details
3. Schedule C - Original Lien Agreement: Copy of the original lien agreement being released
Vehicle
Lien Holder
Owner
Release Date
Effective Date
Security Interest
Vehicle Identification Number (VIN)
Registration Number
Original Loan Agreement
Authorized Representative
DVLA
Release Statement
Satisfaction of Debt
Title
Encumbrance
Secured Party
Certificate of Title
V5C Document
Consideration
Vehicle Description
Release Statement
Representations and Warranties
Payment Acknowledgment
Transfer of Interest
Authority to Execute
Governing Law
Further Assurance
Entire Agreement
Execution
Notification Requirements
Registration and Filing
Indemnification
Severability
Assignment
Counterparts
Notices
Amendment
No Further Claims
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